Logistics Technology: The Future of Digital Procurement

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Shippers across modes have been saddled with an unenviable amount of volatility, on both the high and low side of the rate and capacity-availability spectrum. That volatility is throwing a number of long-held beliefs about freight procurement — most notably a reliance on annual contracts and devotion to a multi-round bidding process — into question. As technology advances in all areas of logistics take hold, it's appropriate for shippers to wonder if the time they take determine the appropriate carriers, allocate freight, and find the right rate equates to a commensurate amount of value. This webcast will focus on how bidding across freight modes is changing, how the proliferation of rate information is changing procurement models, and whether it makes sense to be more flexible as a buying organization.
Moderator:
Eric Johnson, Senior Editor, Logistics Technology, Journal of Commerce, S&P Global Market Intelligence
Speaker(s):
Jason Cook, Founder and Managing Director, Ardent Global Logistics
Eric Gauthier, Founder and President, MyTLA Transportation and Logistics Agency Inc.
 
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Midyear Container Shipping Report: How the Economy, Consumer Trends, and Logistics Shifts Are Impacting the 2023 Peak Season

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US containerized imports are showing signs of stabilizing, if not yet showing a significant rally, as supply chain trends return to some semblance of new normal following the dramatic two-year, pandemic-driven surge in imports and consumer demand. Total US imports hit nearly 2.1 million TEUs in May, according to data from PIERS, a sister company of the Journal of Commerce within S&P Global. Although that was the highest total monthly import volume this year, it was still down more than 20% from the same month in 2022, continuing a streak of year-over-year double-digit declines that started last November. As the trans-Pacific prepares to enter its busiest quarter of the year, the question now is whether this period is a correction that will lead to increased stability, or whether further receding will occur. For now, the peak season is shaping up to be dull — a recent CNBC survey revealed that retailers expect a weak holiday season, marked by heavy discounting, an indication that holiday-related imports could be week through the summer-fall peak season. What does this mean for shippers, carriers, and forwarders and the prospect for accessorial charges? Will carriers be forced to lay up capacity, leading to more blank sailings in the fall? And, with a tentative West Coast labor agreement reached between the International Longshore and Warehouse Union and Pacific Maritime Association, will importers re-evaluate their routing decisions, leading to West Coast ports recapturing some of the market share they’ve shed during the uncertainty around negotiations? 

This webcast will address these questions and more as the peak shipping season gets under way. 

Moderator:
Bill Mongelluzzo, Senior Editor, West Coast, Journal of Commerce, S&P Global
Speaker(s):
Julia Bedanova, Chief Operating Officer, Million Dollar Baby 
Paul Bingham, Director-Transportation Economics Consulting, S&P Global Market Intelligence
Jan Tiedeman, Vice President-Liner Strategy, Alphaliner
 
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Preparing for the Unpredictable: Macro & Micro Insights to Keep Shippers Ahead of the Market

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In today’s volatile market, preparation is key. Now, more than ever before, shippers who take advantage of deep industry insights and analysis can develop more competitive plans for the rest of the year.
Transfix’s Freight Market Intelligence (FMI) group recently published a report on the current state of trucking supply and demand. In this webcast, Transfix’s Paul Poziumschi will cover key findings and predictions that continue to impact the trucking industry, including macroeconomic challenges — tightening financial conditions, persistently high inflation, softening consumer demand, and increasing likelihood of a US recession — and industry-specific factors, from fuel prices to carrier consolidation and rate volatility.
As we’ve seen time and time again, the freight market is cyclical. When the market heats up again, will you be ready? This session will deliver the data and insights you need to stay one step ahead and provide an opportunity for live Q&A with Paul Poziumschi. 
Moderator:
Alessandra Barrett, Associate Director, Special Projects, Journal of Commerce by S&P Global

Speaker(s):
Paul Poziumschi, Senior Director, Freight Market Intelligence, Transfix

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The Journal of Commerce Top 100 Exporters: Analyzing the Rankings and Trade Dynamics

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The past year has been a roller coaster ride for US importers and exporters, regardless of the commodity they move or sector in which they do business. On the import side, the consumer spending dam that had been holding up record-smashing trans-Pacific volumes and rates for more than two years finally gave out, sending pricing plummeting to pre-pandemic levels. On the export side, the operational challenges that resulted from those record import volumes — from capacity and equipment shortages to skipped calls at key export gateways — also have eased, allowing for a more typical outbound flow of goods. But with the US economy expected to rebound, possibly as soon as the second half of 2023, the question now becomes: Have shippers and transportation providers learned from the pandemic-induced spike in freight demand or will they be caught out when the tide turns again? 

This webcast, the second in a two-part series, will examine the impact that economic-, geopolitical-, and supply chain-related events have had on exporters, and how that has played out in terms of containerized shipping volumes, as reflected by the Journal of Commerce rankings of Top 100 Exporters for 2022.

Moderator:
Mark Szakonyi, Executive Editor, Journal of Commerce by S&P Global 
Speaker(s):
Michael Angell, Associate Editor, Northeast and Gulf Coast Ports, Journal of Commerce by S&P Global
Ari Ashe, Senior Editor, Intermodal Rail and Southeast Ports, Journal of Commerce by S&P Global
Teri Griffis, Associate Editor, Journal of Commerce by S&P Global
April Zobel, Profit Center Manager, The Andersons Cos.
 
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The Journal of Commerce Top 100 Importers: Analyzing the Rankings and Trade Dynamics

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Partnered by: 

The past year has been a roller coaster ride for US importers and exporters, regardless of the commodity they move or sector in which they do business. On the import side, the consumer spending dam that had been holding up record-smashing trans-Pacific volumes and rates for more than two years finally gave out, sending pricing plummeting to pre-pandemic levels. On the export side, the operational challenges that resulted from those record import volumes — from capacity and equipment shortages to skipped calls at key export gateways — also have eased, allowing for a more typical outbound flow of goods. But with the US economy expected to rebound, possibly as soon as the second half of 2023, the question now becomes: Have shippers and transportation providers learned from the pandemic-induced spike in freight demand or will they be caught out when the tide turns again?

This webcast, the first in a two-part series, will examine the impact that economic-, geopolitical-, and supply chain-related events have had on importers, and how that has played out in terms of containerized shipping volumes, as reflected by the Journal of Commerce rankings of Top 100 Importers for 2022.

Moderator:
Mark Szakonyi, Executive Editor, Journal of Commerce by S&P Global
Speaker(s):
Ari Ashe, Senior Editor, Intermodal Rail and Southeast Ports, Journal of Commerce by S&P Global
William B. Cassidy, Senior Editor, Trucking and Domestic Transportation, Journal of Commerce by S&P Global
Lori Fellmer, Vice President-Logistics and Carrier Management, Basstech International
 
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