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5 Global Trade and Supply Chain Trends for 2020
Global trade is changing at breakneck speed, with ongoing trade tensions between major players, the pressure to reform the global trading system, technological changes, shifting employment patterns and increasing environmental concerns all working to reshape supply chains and upend decades of business norms. As we enter the third decade of the 21st century, these pressures are also beginning to redefine demand patterns and production methods around the globe. Supply chains of the future may look almost nothing like those of the past, and enterprises will have to adapt to keep their competitive edge.
Join us for a webinar on the major global trade and supply chain trends and emerging developments that business leaders need to watch out for in 2020. Listen and interact with our Global Trade experts on how to form strong, resilient supply chains that thrive — not merely survive — amidst the changes.
Moderator:
Alessandra Barrett, Senior Content Editor, JOC, Maritime & Trade, IHS Markit
Speaker:
Arne Mielken,Senior Global Trade & Customs Manager, E2open
US Offshore Wind: Where Is the Market Heading?
Currently, only 30 megawatts (five turbines) of offshore wind energy are installed in US waters, but 7 gigawatts are expected to be operating by 2030, and more than 20 GW by 2050. The first wave of installations will be off the northeastern coast, including a recent commitment by the state of New York to build 1,700 megawatts. By the 2030s, floating turbines could be producing electricity off the US west coast. Onshore wind equipment, while massive, is constrained by the need to move it across the land. Offshore wind equipment has few of these constraints and is expected to reach gargantuan sizes. Who will provide the vessels, equipment, and skills needed to deliver and install this project cargo in US waters? Carriers long busy with Asian and European offshore wind installations see great potential in the US – as does the established but presently underutilized offshore oil and gas supply fleet and a budding US support industry. The webinar will analyze the US' offshore wind outlook and examine whether the US oil and gas supply fleet is poised to fill the transport gap.
This webcast, led by JOC Senior Editor for Project and Breakbulk Cargo Janet Nodar, will examine the outlook for the US offshore wind market and related logistics challenges and opportunities in 2020 and beyond. Guest speakers are Max Cohen, Associate Director, IHS Markit North American Power and Renewables team and Richard Sanchez, Senior Marine Analyst, IHS Markit Petrodata.
Moderator:
Janet Nodar, Senior Editor, Breakbulk and Project Cargo, JOC, Maritime & Trade, IHS Markit
Speaker (s):
Max Cohen, Associate Director, Gas, Power, and Energy Futures, North American Power and Renewables, IHS Markit
Richard Sanchez, Senior Marine Analyst, Petrodata, IHS Markit
Additional Details to follow.
Interested in sponsoring this webcast? For more information, please visit https://subscribe.joc.com/advertising/
Four Signs You Need Global Transportation Management Software
Conventional transportation management software (TMS) has been on the market for decades, focused primarily on outbound truck shipments. The rise of the globalized supply chain has created a more complex transportation environment. Companies must still focus on cost containment, but over many modes, across-borders, and through a mix of service providers that include carriers, 3PLs, and freight forwarders.Join this webcast to discover what differentiates a global TMS from a conventional technology solution, as well as the four key indicators that it’s time to graduate from an old-fashioned TMS to a globally capable solution.
Moderator:
Alessandra Barrett, Senior Content Editor, JOC
Speakers: Michelle Brunak, Vice President, Product Management, InforMonica Truelsch, Director Solutions Strategy, Product Marketing, Infor
Global Shipping Outlook: What Will 2020 Hold?
As 2019 winds down, profitability remains a moving target for container shipping lines, and unpredictable trade flows out of Asia and poor supply-demand fundamentals are clouding the container shipping outlook. Trade tensions on the trans-Pacific are changing demand patterns among US shippers, and BCOs were reporting tight space at loading ports in China and Vietnam well into the fall. Carriers are responding by adjusting schedules and adding capacity to Southeast Asian strings as BCOs shift sourcing from China to avoid US tariffs, even as expectations of a US-China trade agreement gathered momentum. Compounding the demand uncertainty is the Jan. 1 implementation date of the IMO 2020 low-sulfur fuel regulation. The head haul trade from Asia to Europe faces its own challenges, with poor supply-demand fundamentals leading to increasing capacity management by carriers. Then there is intra-Asia, the world's largest container shipping trade and one of the most volatile. BIMCO reports weakness building in the trade this year and believes it's a signal of declining export orders, prompting the global shipping association to forecast slowing Asia-Europe demand.
This webcast, featuring outlooks from the JOC and Peter Sand, BIMCO’s chief shipping analyst, will take a deep dive into the fundamentals driving the global container shipping market as 2020 approaches.
Moderator:
Mark Szakonyi, Executive Editor, JOC.com, and The Journal of Commerce, Maritime & Trade, IHS Markit
Speaker(s):
Peter Sand, Chief Shipping Analyst, BIMCO
Interested in sponsoring this webcast? For more information, please contact Tony Stein at Tony.Stein@ihsmarkit.com
Additional Details to follow.Interested in sponsoring this webcast? For more information, please visit https://subscribe.joc.com/advertising/
Global Logistics Outlook: Analyzing the Year Ahead
Merger and acquisition activity among forwarders and other logistics interests is surging, and shippers likely will emerge as big winners as rates become more competitive and new services emerge. The flurry of M&A activity this year includes the takeover of logistics giant Panalpina by Danish transportation company DSV and the acquisition of CEVA Logistics by French carrier CMA CGM. Other large players, including DFDS, Kuehne + Nagel, and SEKO Logistics, are engaged in or plan further acquisitions. The M&A activity comes in the wake of strong growth in 2018, when 3PL net revenues in the US grew more than 12 percent to an estimated $86.4 billion and overall gross revenue jumped 15.8 percent to $213.5 billion, according to consulting company Armstrong & Associates Inc., the fastest rate of growth since 2010, when the industry was climbing out of the depths of the global recession. As 2019 nears, however, several warning signs are emerging: Global economic growth is slowing precipitously; the US-China trade war is now in its second year, with no clear resolution in sight; regulations such as the IMO 2020 low-sulfur mandate are clouding the picture on costs; high inventory levels are making future trade growth levels difficult to project; and the extent to which technology services — from traditional forwarders as well as so-called disruptors — is helping is still an open debate. This webcast will analyze the critical issues defining 2019, and what they mean in the year ahead.
Moderator:Chris Brooks, Director, Programming, JOC Events, Maritime & Trade, IHS Markit
Speakers:Richard Armstrong, Chairman & CEO, Armstrong & AssociatesDaniel Gardner, President, Trade Facilitators Inc.
Additional Details to follow.Interested in sponsoring this webcast? For more information, please visit https://subscribe.joc.com/advertising/
Recent News and Analysis
Maritime News
- Hapag-Lloyd, ONE expand terminal networks with deals in Brazil, China
- Trans-Atlantic capacity injection overtakes market demand
- South Korea to invest $3 billion expanding foreign logistics, terminal network
- Trump administration suspends wind energy projects over ‘national security’ threat
- Service-related issues to take center stage in 2026–27 ocean contract talks: sources
Surface News
- Persistent supply-demand imbalance to keep US truckload rates in check
- Carriers, POLA back UP-NS deal, citing lower transit times, costs
- UP, in merger filing, vows to convert millions of loads to intermodal annually
- Geodis inks takeover deal to expand French trucking coverage
- Two large rail unions say they oppose planned UP-NS merger
Air Cargo News
- 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
- Belly freight shouldering airlines’ CO2 emissions burden: forwarders
Supply Chain News
- Revenue from low-value shipment duties crosses $1 billion mark: CBP
- Big US ports ask Congress to ensure fair funding for dredging
- Freightos founder to step down as CEO as company moves into ‘next phase’
- House reauthorizes FMC and adds to its oversight powers
- US freight industry enters 2026 with low growth expectations