Logistics Technology: The Future of Digital Procurement

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The last two years have shown that procurement of freight capacity isn't only a time-consuming challenge, but also an increasingly costly one to buyers, both shippers, and intermediaries. The question now is, what part of the process has moved beyond the human scale, and what process still needs to be managed and executed by logistics professionals? The answer clearly isn't the same for all organizations, but this one-hour session will cover the challenges and opportunities of using technology to address that highly complicated procurement puzzle. Technologies to be discussed include rate benchmarking, predictive rate tools, and automated procurement software designed to base decisions on historical and forward-looking data.
Moderator: Eric Johnson, Senior Editor, Logistics Technology, JOC, Maritime & Trade, S&P Global
Speaker(s):
Rachael Acker, Logistics Director, Wolverine Worldwide
Alan Holland, Founder & CEO, Keelvar
Jonah McIntire, Director, Autonomous Procurement, Transporeon
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Decarbonization and Its Impact on the Project Cargo Supply Chain

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Cargo shippers, ocean carriers, and other logistics service providers can expect ever-increasing pressure to assess, disclose, and manage the greenhouse gas (GHG) emissions related to their activities. Regulatory bodies such as the SEC are developing disclosure requirements for GHGs and climate change risk, while the International Maritime Organization is requiring carriers to meet increasingly stringent emissions-reduction requirements. Stakeholders across the board expect accurate and verifiable emissions information from their service providers, but disparate data collection methods and a lack of visibility mean that participants struggle with reporting even when they are eager to be compliant. Reporting and requirement uncertainties also increase investment risk.

In this webcast, we will hear from experts on managing carbon footprints in the project logistics supply chain and on driving decarbonization across the maritime industry by creating data transparency.

Moderator: Janet Nodar, Senior Editor, Project and Heavy-Lift Shipping, JOC, Maritime & Trade, S&P Global

Speaker(s):
Jonathan Arneault, Co-Founder and, CEO, FuelTrust
Sammy Lakshmanan, Principal, Environmental Social and Governance, PwC
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Container Shipping Outlook: The Trans-Pacific

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This year’s process to secure service contracts in the eastbound trans-Pacific is unfolding like no other year before it. Buffeted by longer lead times, port schedule reliability, and ships that have been idled or slowed in transit, shippers have experienced exponential increases in freight rates over the past year, and still struggled to get their goods to destination weeks after originally scheduled. To bring some stability back to the market, ocean carriers urged their steady customers to enter annual contract negotiations much earlier than usual this year, and retailers and other importers jumped at the opportunity. For carriers, the early start to 2022–23 service contract talks provides an opportunity to lock in a base of business from reliable customers with a history of delivering committed cargo volumes. For shippers who started negotiations in November, rather than in February or March, the lure is to lock in capacity at contract rates that will assuredly be lower than the spot rates in effect during the 2021 peak shipping season. Demand for vessel space in the largest US trade lane will exceed supply this year, just as it did in 2021. On the other hand, spot rates have fallen from the record-smashing levels in October, which means early contract negotiations are beginning at a time when carriers’ leverage won’t continue to rise further. For both carriers and their customers, the ultimate goal during contract negotiations this coming year is to achieve predictability and reliability.
This webcast will analyze this crucial trade lane and explore whether there is any calm on the horizon or whether the storm will only continue.
Moderator: Bill Mongelluzzo, Senior Editor, West Coast, JOC, Maritime & Trade, IHS Markit
Speaker(s):
David Arsenault, President, GSC Logistics, Inc.
Ben Hackett, Founder, and Principal, Hackett Associates
Michael Shaughnessy, Senior Vice President, Operations, Supply Chain, and Emerging Markets, Balsam Brands
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Breakbulk and Project Shipping: Trends and Expectations for the Global Onshore EPC Sector

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The traditional breakbulk market, heavily weighted toward energy projects, is showing signs of returning to life — even as cargo shippers and logistics service providers grapple with a congested, expensive shipping market driven by container cargo "spillover." However, the energy investment landscape, and thus the engineering, procurement, and construction (EPC) sector that builds these projects — and generates millions of freight tons of project cargo — has changed dramatically over the past few years. While several large fossil fuel-based projects have recently been awarded or started moving after the pandemic-driven slowdown, the billion-plus mega-projects of yesteryear are fewer and farther between. How is the EPC sector adapting to the new reality: scarcer, smaller projects; the energy transition; decarbonization; and the drive for renewable energy? What can the project logistics sector expect over the next few years?
This webcast will analyze the outlook for the EPC sector, a key cargo driver for the project cargo market.
Moderator: Janet Nodar, Senior Editor, Project and Heavy-Lift Shipping, JOC, Maritime & Trade, IHS Markit
Speaker(s):
William Cunningham, Research Analyst, Oil and Gas, IHS Markit
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Logistics Technology: Figuring Out the Elusive Standardization Problem in Global Logistics (Part 3)

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Standardization of shipping documentation and data has long been an elusive pursuit in the world of global logistics. The fragmented nature of the industry, including the sheer number of parties involved in any shipment, is one reason so little is standardized but also a motivation to push toward standardization. The basic premise is simple: The more that is standardized, the less time and resources will be spent on turning oranges into apples, and the more time that can be spent on innovating and improving.
This webcast, the third in a three-part series leading up to the TPMTech Conference on Feb. 24-25 in Long Beach, California, will explore the key areas of the global logistics industry where standardization is happening, and where the potential exists to create efficiencies that benefit all parties. In so doing, we'll look at practical examples, and the associations, solutions, and platforms enabling that incremental change.
Session Chair:
Eric Johnson, Senior Editor, Technology, JOC, Maritime & Trade, IHS Markit
Speaker(s):
Thomas Bagge, Chief Executive Officer, DCSA
Akshay Dodeja, CEO, Terminal 49
Caitlin Murphy, CEO, Global Gateway Logistics
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