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How Technology Is Transforming Freight Payment for Shippers
Freight payment is a function that is often overlooked by domestic and global shippers, largely because it’s seen as a routine finance process, and not one with more intrinsic value and challenges. Accurate invoices not only enable a smoother payment process but also yield hugely valuable shipment data that can be used to measure service providers and impact future procurement cycles. A smooth payment and audit process also can help a shipper be a better customer for its carriers and third-party logistics providers. In recent years, technology and business models around the freight payment and audit process have become more refined, but it’s still a highly fragmented section of the industry, with little regulation.
This webcast will explore how technology providers in the domestic and international freight management markets are helping shippers manage this process more effectively and profitably.
Moderator/Presenter:
Eric Johnson, Senior Editor, Technology, JOC, Maritime & Trade, IHS Markit
Speakers:
Cecil Bryan, President, Logistics Alliance Network
Brad Klaus, CEO, Haven
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The Quest for Port Efficiency: Resetting Expectations
What has 2020 meant for global container port efficiency? This year, after all, was to be the watershed year for initiatives such as port call optimization, finally driven to progress by intensifying pressure to reduce emissions, combined with advancements in digitization and standards to help get to the new levels of collaboration required to make it happen. Then came COVID-19, one of the biggest and most unpredictably disruptive events the global economy has experienced. It could reasonably be expected that the large reduction in ship calls in the first half of the year would translate to better overall port efficiency due to reductions in waiting times and other factors. In fact, IHS Markit’s Port Efficiency Data shows that on a global level, average call sizes — the number of boxes exchanged per port call — grew by more than 4 percent on a global level in this year's first half compared with a year earlier, suggesting better load factors and proactive capacity management by operators. But landside capacity challenges resulting from truck shortages and the inability of some distribution centers to receive goods may have offset any efficiency gains resulting from lower overall volumes passing through ports and terminals in the first half of the year.
This webcast will look into IHS Markit’s unique Port Efficiency Data to uncover key trends in port efficiency in 2020, including the impact of COVID-19. It will discuss the outlook for port efficiency and port call optimization and the roadblocks that remain to effectively leverage these promising areas to reduce emissions and improve profitability.
Moderator/Presenter:
Turloch Mooney, Senior Editor, Global Ports, JOC, Maritime & Trade, IHS Markit
Speakers:
Jan Hoffmann, Chief, Logistics Branch, UNCTAD
Andy Lane, Partner, CTI Consultancy
Henning Schleyerbach, Chief Operating Officer, Digital Container Shipping Association
Interested in sponsoring this webcast? For more information, please visit https://subscribe.joc.com/advertising/
European Shipping Outlook: The Asia-Europe Trade
Carriers and forwarders operating in the Asia-Europe trade are reporting rising volume through their networks as economies on the continent begin their slow recovery from COVID-19 lockdowns. As we move deeper into the traditional peak shipping season, concerns that cargo rollings would increase as rising volume overpowers available capacity are abating, with carriers cautiously reinstating blanked sailings and supplying extra loaders to pick up containers bumped off overbooked vessels. Yet even as demand increases, the threat of a second wave of coronavirus infections remains, with countries in Europe imposing targeted measures on affected cities and regions to combat sporadic outbreaks. With the end of a chronically disrupted 2020 insight, speakers at this webcast will take the measure of the container shipping industry and try to fathom what lies ahead for carriers and their customers.
Moderator/Presenter:
Greg Knowler, Europe Editor, JOC, Maritime & Trade, IHS Markit
Speaker (s):
Andreas Bütfering, Senior Director Trade Management Far East, Hapag-Lloyd AG
Alan Murphy, CEO & Founder, Sea-Intelligence ApS
Mats Samuelsson, Senior Vice President, Global Logistics, H&M
Dominique von Orelli, Executive Vice President, Global Head of Ocean Freight, DHL Global Forwarding
Interested in sponsoring this webcast? For more information, please visit https://subscribe.joc.com/advertising/
Midyear Breakbulk and Heavy-Lift Outlook
Breakbulk and project cargo shippers, carriers, and logistics providers adapted to the disruptions caused by COVID-19 relatively quickly, but a weak market and looming longer-term effects on capital project investments, in the oil and gas sector particularly, have the sector extremely edgy. Multibillion-dollar cuts in capital expenditures will diminish the project logistics pipeline from late 2021 and beyond.On the other hand, some $37 trillion in global stimulus spending is expected to drive investment in power generation, infrastructure, and energy projects, and low bunker prices have provided unexpected relief for carriers and shippers who were bracing for sky-high post-IMO 2020 fuel costs. What can the project logistics industry anticipate in capital investment over the next few years in upstream and downstream oil and gas, mining and metals, energy, and other industries? What portion of the massive COVID-19 stimulus spend will flow toward project logistics? When will oil prices recover, to what level, and how should the sector plan for fluctuations in bunker prices? This webcast will analyze the forces now shaping the oil and gas industry and the fuel price outlook.
Moderator:
Janet Nodar, Senior Editor, Breakbulk and Project Cargo, JOC, Maritime & Trade, IHS Markit
Speaker (s):
Kurt Barrow, Vice President, Oil Markets, Midstream, and Downstream, IHS Markit
Phyllis Kulkarni, Regional Director, North America, Independent Project Analysis
Interested in sponsoring this webcast? For more information, please visit https://subscribe.joc.com/advertising/
Canada Trade: Managing New Dynamics
As it weathers disruption caused by COVID-19, the Canadian container shipping industry is learning from the experience and pushing forward with investments and innovation to keep its supply chains humming. This is not the time to pause, the industry believes because when the impact of the pandemic fades, the same challenges and pressures facing Canadian cargo owners and their transportation providers will remain.
Often caught in the trade war crossfire between China and the US, Canadian exporters are scrambling to find new markets and depend even more on efficient supply chains to stay globally competitive. Importers, be they retailers or manufacturers, are under pressure to control inventory costs while delivering goods faster.
Achieving that will require expansion of infrastructure capacity, closer collaboration among transportation providers, and strategies to respond to volatility resulting from increasing blank sailings by ocean carriers, congestion at marine terminals, or other disruptive events. For the fourth straight year — this time virtually — the JOC Canada Trade Conference will deliver a packed, informative, and engaging agenda to help cargo owners better calibrate their supply chains and drive conversations among all stakeholders.
Moderator/Presenter:
Mark Szakonyi, Executive Editor, JOC, Maritime & Trade, IHS Markit
AGENDA:
1:00 - 1:05 p.m. Welcome Remarks
1:05 - 1:15 p.m. Canadian Economic and Shipping Outlook: Resetting Expectations
1:15 - 1:45 p.m. Shipper Perspectives: Importers Speak Out
Speaker(s)
Magali Amiel, Ph.D, MCILT, Transport Leader, Decathlon Canada
Barbara Bryer, Senior Manager-Supply Chain, Global Operations – Logistics, adidas Canada
Audrey Ross, Logistics and Customs Specialist, Orchard Custom Beauty
1:45 - 2:15 p.m. The Case for Canadian Exports
Speaker(s)
Rav Kapoor, CEO, and President, ETG Commodities
Lonny Kubas, Assistant Vice President, Supply Chain, CN
Stephen Paul, Vice President, Supply Chain Logistics, Ray-Mont Logistics
2:15 - 2:45 p.m. Port Update: The Path to Growth and Efficiency
Speaker(s)Tony Boemi, Vice President, Growth and Development, Montreal Port AuthorityBrian Friesen, Vice President, Trade Development and Communications, Prince Rupert Port Authority Captain Allan Gray, President, and CEO, Halifax Port Authority Eric Waltz, President, GCT Canada
2:45 p.m. Closing Remarks
Recent News and Analysis
Maritime News
- Hong Kong to launch digital cargo tracking, data exchange network
- US East, Gulf coast ports expanding intermodal access, vessel capacity
- CMA CGM’s Oceania-US East Coast service to kick off in February
- Maersk waives ‘disruption surcharge’ for Red Sea sailing on India-USEC trade
- Shippers to regain leverage in trans-Pacific contract negotiations
Surface News
- UP-NS deal could benefit some shippers, while others face longer transits
- US LTL providers carefully managing capacity in changing market
- Domestic intermodal to benefit from new lanes, faster service in 2026
- Persistent supply-demand imbalance to keep US truckload rates in check
- Carriers, POLA back UP-NS deal, citing lower transit times, costs
Air Cargo News
- E-commerce, AI demand to keep ex-Asia air freight under pressure
- Rising US air freight imports from Taiwan, Vietnam offset drop in China trade
- US freight industry enters 2026 with low growth expectations
- Black Friday demand tightens trans-Pacific air cargo capacity, elevates rates
- DHL Global Forwarding sees Q3 revenue drop on lower ocean rates
Supply Chain News
- Warehousing vacancies hit new peak, but larger facilities still needed
- CBP to let importers tie ‘notify parties’ to key portal communications
- Australian shippers call for end to ocean carrier anti-trust immunity
- Revenue from low-value shipment duties crosses $1 billion mark: CBP
- Big US ports ask Congress to ensure fair funding for dredging
