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In mid-2022, the container shipping industry saw the first major update to the US Shipping Act in nearly 25 years, a sweeping bill that, among other things, addresses a long-overlooked facet of the ocean freight industry: invoicing. Shippers and their representatives have long decried the impacts of erroneous billing. But the problems created by inaccurate invoicing seemed to reside in a place where they were seen as annoying but not crippling. That view changed when ocean freight rates soared in 2020 and 2021, to the point that issues such as over-billing, incorrect surcharge assessments, and duplicate invoices could no longer be ignored.

This webcast will assess how the industry might grapple with fixing an entrenched system, the role new legislation will play in forcing change, and best practices for ensuring that invoices are accurate for both sides of an ocean freight bill.

Moderator:

Eric Johnson, Senior Editor, Technology, JOC, Maritime, Trade and Supply Chain, S&P Global

Speaker(s): TBC

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Shippers are asking a basic question regarding detention and demurrage following passage of the first shipping reform law in more than 20 years: What will change? The 2022 Ocean Shipping Reform Act signed by President Joe Biden on June 16 already is shaking up the container sector, with new policies on D&D already in place and maritime regulators planning to tweak them further. Indeed, the Federal Maritime Commission’s implementation of OSRA-22 is just beginning. Shippers have new avenues to challenge the fees and other practices they believe violate the shipping law and by mid-November, the FMC will need to have completed rulemaking on when it is “unreasonable” for ocean carriers to refuse to serve shippers. For shippers who complained for years about billing practices and saw FMC fact-finding inquiries come and go with little impact, this represents real movement, with the FMC flexing its muscles to a degree not seen in decades. But still the question is begging to be asked: What will the practical impact be?

The JOC’s Peter Tirschwell will lead a discussion with a panel of experts about how a new wave of US maritime regulation is reshaping the way carriers and shippers interact, what shippers can expect to change, and when.

Moderator:

Peter Tirschwell, Vice President, Maritime, Trade and Supply Chain, S&P Global Market Intelligence

Speaker (s):

Lauren M. Beagen, Principal & Founder, Squall Strategies, LLC

Rebecca Fenneman, Principal, Jeffrey/Fenneman Law + Strategy

Carlos Rodriguez, Partner, Husch Blackwell

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Drayage operators across the country face similar challenges due to supply chain bottlenecks. These include costly waiting times at congested warehouses and marine terminals, chassis shortages and restrictions imposed by marine terminals on the return of empty containers. Yet import volumes and intermodal rail volumes are declining, and the rate of decline is projected to accelerate through the end of the year. Will declining volumes give terminal operators and rail yards enough time to catch up and return to fluidity before the pre-Lunar New Year spike in imports in January? Intermodal equipment operators are forecasting that chassis shortages will slowly dissipate next year as the manufacturing of chassis picks up. Given these promising signs in the international and domestic supply chains, what strategies are drayage operators planning to deploy at West Coast ports, East Coast ports and inland rail hubs moving into the new year?

Moderator:

Bill Mongelluzzo, Senior Editor, West Coast, Journal of Commerce, S&P Global Market Intelligence

Speaker(s):

Ken Kellaway, President and CEO, RoadOne IntermodaLogistics

Matt Schrap, CEO, Harbor Trucking Association

Joe Tovo, President and CEO, DNJ Intermodal Services

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The permanent existential challenge for 3PLs is differentiating themselves in an innately fragmented market. Tens of thousands of logistics providers are vying for customer relationships and connections to capacity across modes and facilities. Technology has traditionally been the default answer to that differentiation question, but that has often meant investment in proprietary systems or highly customized software suites that are difficult to update over time. The last decade has seen an influx in new products aimed at 3PLs - some have dubbed it the Cambrian Period of logistics technology. That's exciting, but also confusing for those looking to invest, and needing to invest to differentiate.

This one-hour session will address the specific areas that 3PLs are honing in on as areas of differentiation: from customer acquisition to visibility, from analytics to integrations, to more efficient back-end operations.

Moderator: Eric Johnson, Senior Editor, Technology, JOC, Maritime & Trade, S&P Global

Speaker(s):

Angela Czajkowski, Senior Advisor, Hartman Executive Advisors

Robert Khachatryan, CEO, Freight Right Global Logistics

Mike Powell, Chief Technology Officer, SEKO Worldwide Logistics

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When Shanghai and other major Chinese ports suspended operations last spring due to a COVID-19 outbreak, it was the latest example of ports confronting extraordinary circumstances amid a continuing surge in cargo from the world’s largest exporter. It also served as a painful reminder of the vital role ports play, how impactful port disruption can be, and the importance ports play in a global supply chain that depends on the efficient flow of goods. In an effort to identify gaps in port productivity and opportunities for improvement, IHS Markit, parent company of The Journal of Commerce and now part of S&P Global, in 2021 partnered with The World Bank to produce the Container Port Performance Index. In the 4 months since the index debuted, interesting trends have emerged on a global and regional basis that have impacted the performance of port stakeholders ranging from ocean carriers and railroads, to trucking companies, and importantly, cargo owners themselves.

This webcast will analyze latest findings in the underlying global port performance data used to construct the Container Port Performance Index. The session will examine the latest Port Performance metrics at main gateway ports in key world regions for insights into the current and outlook situation for container port delays and congestion.

Moderator:

Greg Knowler, Senior Editor, Europe, JOC, Maritime, Trade and Supply Chain, S&P Global

Speaker(s): Turloch Mooney, Associate Director, Product Management, S&P Global Market Intelligence Alan Murphy, CEO and Founder, Sea-Intelligence*Check back soon for more information!Interested in sponsoring this webcast? For more information, please visit https://subscribe.joc.com/mediasolutions/