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annual review and outlook
Annual Review and Outlook
News and analysis focused on what the industry expects in the coming year for container shipping, ports, trucking, air cargo, logistics, supply chain, and commentaries from industry leaders
The Latest News & Analysis
All categories
Air Cargo
Government
Logistics
Maritime
Rail & Intermodal
Shippers
Trucking
All issue years
2024
2023
2022
2021
2020
2019
2018
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2015
Paul Nazzaro, Executive Vice President, Cosco Shipping Lines
JOC Team |
In some instances, what was recently considered innovative is already antiquated.
Peter Shaerf, Managing Director, AMA Capital
JOC Team |
There appears to be nothing on the horizon that will stimulate rate growth over the coming year.
Felix Schoeller, Director, AAL Shipping (AAL)
JOC Team |
Geopolitical issues, such the tension in the Middle East, the China Taiwan conflict and the trade war between the US and China, are beyond our control but need to be closely monitored.
Zvi Schreiber, Founder and CEO, Freightos
JOC Team |
Many carriers and forwarders are looking toward digital air cargo to extend their reach, improve efficiency and provide better transparency for their customers.
Martin Schulze, CEO, BlueBox Systems
JOC Team |
Decarbonization has the potential to disrupt the business and to transform the roles and the balance between shippers, freight forwarders and carriers.
Glyn Hughes, Director General, The International Air Cargo Association (TIACA)
JOC Team |
Global trade is a key driver of national economic prosperity, and we need to ensure these global benefits form part of the debate about global supply chains.
Curtis Spencer, CEO & Steve Schellenberg, Senior Vice President, IMS Worldwide, Inc.
JOC Team |
In 2024, the biggest challenge in the air cargo space will be the continued lack of belly space on passenger aircraft.
Thomas Mack, Executive Vice President, Air Freight, DHL Global Forwarding
JOC Team |
We’re expecting only moderate growth globally on the cargo side during 2024 versus previous years, with the possibility that we face zero growth.
Brandon Fried, Executive Director, Airforwarders Association (AfA)
JOC Team |
AI, now in its nascent stages, is beginning to integrate into operational tasks routinely performed within freight forwarding offices.
Tracy Robinson, President and CEO, Canadian National Railway
JOC Team |
A strong partnership between surface transport providers and shippers is not a luxury; it is a necessity
Hon. Steven R. Blust, President, Containerization and Intermodal Institute (CII)
JOC Team |
Education will be a key driver to better utilization of information and the development of actionable plans in support of the US surface transportation segment and its stakeholders.
Lee Newitt, President, DCLI
JOC Team |
Our fleet strategy depends upon there being enough qualified mechanics to do the work, and we are aligned with our suppliers to recruit and retain more of this skilled labor.
Joni Casey, President and CEO, Intermodal Association of North America (IANA)
JOC Team |
Despite these real and potential challenges to intermodal businesses, companies continue to invest in equipment, facilities, networks and technology.
Dennis Moon, COO, Roadie, a UPS Company
JOC Team |
A survey from Descartes this June found that 60% of shoppers were interested in environmentally friendly delivery methods, but only 43% felt retailers were executing these goals.
Brent Hutto, Chief Relationship Officer, Truckstop.com
JOC Team |
Reporting crimes is vital, as it influences the allocation of government resources to combat cargo theft.
John Singleton, Chairman and CEO, Wen-Parker Logistics
JOC Team |
The worldwide supply chain reminds me of an old Air Force adage: ‘Flying is hours of boredom punctuated by moments of terror.
Derek J. Leathers, President and CEO, Werner Enterprises
JOC Team |
Looking ahead, we recommend a careful transition to electric — along with hydrogen, compressed natural gas and other energy sources as utilities and infrastructure allows.
Dan Walsh, President and CEO, TRAC Intermodal
JOC Team |
The strong 2023 Q3 numbers in North America of 4.9% were more than double the previous quarter at 2.1% and support projections for global economic growth to run at 1% to 3% in 2024.
Jordan Dewart, President, Redwood Mexico, Redwood Logistics
JOC Team |
As Mexico continues to grow as America’s biggest trading partner, cities on both sides of the border are working on expanding warehouse space to meet increased demand.
James Miller, Partner – Transportation, Oliver Wyman
JOC Team |
To widen the talent pool, rail and trucking must focus on reaching a more diverse workforce, including women, minorities and recent immigrants.
Bill Mahoney, EVP and CCO, NFI
JOC Team |
While 2023 may have allowed shippers to regain some pricing power, 2024 is set to witness a rebalancing of supply and demand, normalizing pricing in the market.
Dr. Chris Caplice, Chief Scientist, MIT Center for Transportation and Logistics
JOC Team |
Looking ahead to 2024, it’s time to get the proverbial house in order. As the saying goes, fix your roof before it starts raining.
Donna Lemm, Executive Vice President of National Sales, IMC Companies
JOC Team |
Let’s spend a few minutes focused on resiliency, innovation and opportunity. This is where we need to shift our focus for 2024.
Matt Schrap, CEO, Harbor Trucking Association
JOC Team |
The ACF rule requires that after Jan. 1, 2024, a fleet cannot expand or replace drayage equipment in California operation unless the new drivetrain is powered by a battery electric or hydrogen fuel-cell platform.
Keith Creel, President and CEO, CPKC
JOC Team |
We do not always have visibility into the next disruption, but the trend of nearshoring is certainly going to require capacity investment.
Mike Wilson, President, Consolidated Chassis Management (CCM)
JOC Team |
Making collective decisions creates a sense of connectedness between the provider and the shipper; and conversely, making uninformed, siloed decisions leads to a disconnected relationship.
Ian Jefferies, President and CEO, Association of American Railroads (AAR)
JOC Team |
A level playing field across modes, be it for automation policy, environmental regulations or infrastructure funding, will ensure a healthy transportation network.
John W. Butler, President and CEO, World Shipping Council (WSC)
JOC Team |
We must be firm in insisting that the task is not simply to agree, but to agree on regulations that actually solve the problem.
Beth Ring, Senior Member, Sandler, Travis & Rosenberg, P.A.
JOC Team |
Sourcing is no longer driven so much by "just-in-time" inventory management to reduce costs as the need for "resilience."
Jeanette Gioia, President, New York New Jersey Foreign Freight Forwarders & Brokers Association, Inc.
JOC Team |
What will change is that the parties who are billing detention and demurrage will have to be more careful to ensure that the charges are correct, valid, timely and compliant.
Daniel B. Maffei, Chairman, Federal Maritime Commission (FMC)
JOC Team |
American shippers should view the need to mitigate risks as just as important as low rates.
Nicolette van der Jagt, Director General, Clecat
JOC Team |
It’s likely that as a result of these developments, EU governments will become more involved in affairs related to large and critical infrastructure, and supply chains will need to be protected, no matter the cost.
Ian Saunders, Secretary General, World Customs Organization (WCO)
JOC Team |
To gain and maintain the trust of supply chain actors, governments must prioritize data protection, balancing operational efficiency with privacy rights.
Tracy Zea, President & CEO, Waterways Council, Inc. (WCI)
JOC Team |
Ensuring the cost of these projects remains 100% federally funded will allow the nation to realize economic return more quickly, reduce the supply chain’s environmental footprint and address uncertainty in global agriculture and energy markets.
William Conroy, Executive Director, Tyler Search
JOC Team |
A lack of internal cooperation to stay compliant can shut down your supply chain, cost millions in fines and create a public relations nightmare.
Jose D. (JD) Gonzalez, Board President, National Customs Brokers & Forwarders Association of America (NCBFAA)
JOC Team |
We know that more compliant supply chains become more efficient supply chains.
Stéphane Graber, Director General, International Federation of Freight Forwarders Associations (FIATA)
JOC Team |
As OSRA-22 continues to shape the maritime industry in the US, it serves as a model for other nations.
Anil J. Vitarana, Ph.D., Principal, Cranford Consulting LLC
JOC Team |
The joyride for carriers is certainly over but on reflection the $400 billion in combined profits in 2021 and 2022 may be seen as worthwhile, notwithstanding the backlash.
Cary S. Davis, President & CEO, American Association of Port Authorities (AAPA)
JOC Team |
I wonder whether our ‘game’ will advance from the 2010s era of ‘sit-back-then-hack’ towards a much faster ‘double-steal’ strategy.
Richard White, CEO and Founder, WiseTech Global
JOC Team |
The future of digital freight forwarding is that all successful players will be digital with global execution capability and sophisticated technology. A pure play digital startup without capacity can’t compete.
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