Name: Elevating trust as currency in global trade
Uploaded: Jun 25, 2022, 9:05 AM EDT

"The key is that we have to change together," said Kuehne+Nagel Senior Vice President and Head of Global Trades Paolo Montrone on the topic of translating trust and relationship management into tangible results. He also discusses how the fundamental role of freight forwarders — using assets, technology, and all innovation available to help clients succeeed in compeyotively managing a complex business — has not changed, and won't in the future. TPM22, Long Beach, California Sponsored by Kuehne+Nagel

<div class="phx-topic abstract-wrapper"><p>Carriers were due to restart flights to hubs in the region later in the summer, but a collapse of the ceasefire between the US and Iran has extended route suspensions.</p></div>

Carriers were due to restart flights to hubs in the region later in the summer, but a collapse of the ceasefire between the US and Iran has extended route suspensions.

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Airlines put Middle East return on hold as hostilities resume

<div class="phx-topic abstract-wrapper"><p>Air freight carriers are scrambling to address the demand, injecting capacity into the fast-growing corridors out of Southeast Asia and Taiwan.</p></div>

Air freight carriers are scrambling to address the demand, injecting capacity into the fast-growing corridors out of Southeast Asia and Taiwan.

AI equipment competes with e-commerce for limited air cargo space

<div class="phx-topic abstract-wrapper"><p>The integrator’s positive earnings momentum was led by its air cargo-focused Express division that saw pre-tax profit increase 63% year over year in the quarter. </p></div>

The integrator’s positive earnings momentum was led by its air cargo-focused Express division that saw pre-tax profit increase 63% year over year in the quarter.

DHL raises full-year profit forecast after Q2 revenue, earnings gains

<div class="phx-topic abstract-wrapper"><p>But despite the initial drop in capacity, sources are not expecting a long-term decline in business on the westbound trade lane. </p></div>

But despite the initial drop in capacity, sources are not expecting a long-term decline in business on the westbound trade lane.

China-Europe air cargo capacity drops sharply as EU scraps duty-free import rule

<div class="phx-topic abstract-wrapper"><p>The takeover means CMA CGM subsidiary CEVA Logistics will become one of the top contract logistics providers in North America. </p></div>

The takeover means CMA CGM subsidiary CEVA Logistics will become one of the top contract logistics providers in North America.

CMA CGM acquires FedEx Supply Chain in $1.4 billion deal

<div class="phx-topic abstract-wrapper"><p>Strength in project cargo demand is expected to outweigh dip in breakbulk volumes in July, leading to reduced available ship capacity. </p></div>

Strength in project cargo demand is expected to outweigh dip in breakbulk volumes in July, leading to reduced available ship capacity.

MVP capacity easing may only offer temporary relief to shippers

<div class="phx-topic abstract-wrapper"><p>The seasonal service offers roughly two-week faster transit than traditional east-west routes that now generally sail around the Cape of Good Hope due to Red Sea diversions. </p></div>

The seasonal service offers roughly two-week faster transit than traditional east-west routes that now generally sail around the Cape of Good Hope due to Red Sea diversions.

Arctic service offers speedy China-Europe transits

<div class="phx-topic abstract-wrapper"><p>While the extreme volatility and withdrawal spikes of the pandemic era have concluded, the pre-2020 expectation of single-digit capacity withdrawal is structurally obsolete, the analyst says. </p></div>

While the extreme volatility and withdrawal spikes of the pandemic era have concluded, the pre-2020 expectation of single-digit capacity withdrawal is structurally obsolete, the analyst says.

Persistent blank sailings now structural across trade lanes: Sea-Intelligence

<div class="phx-topic abstract-wrapper"><p>Trades most impacted by the Red Sea diversions and closure of the Strait of Hormuz are getting more new ships, offsetting longer and delayed voyages, data shows.</p></div>

Trades most impacted by the Red Sea diversions and closure of the Strait of Hormuz are getting more new ships, offsetting longer and delayed voyages, data shows.

Most 2026 newbuilds head into disrupted container trades

<div class="phx-topic abstract-wrapper"><p>With vessel space increasingly scarce, cargo rollovers on certain premier westbound services out of India’s key gateway ports of Nhava Sheva and Mundra have been as high as 2,000 to 3,000 TEUs per sailing in recent weeks, industry sources say.</p></div>

With vessel space increasingly scarce, cargo rollovers on certain premier westbound services out of India’s key gateway ports of Nhava Sheva and Mundra have been as high as 2,000 to 3,000 TEUs per sailing in recent weeks, industry sources say.

Carriers attempt extra-loaders to US, Europe to capitalize on Indian export rush

<div class="phx-topic abstract-wrapper"><p>For fleets, the emissions-related proposal announced Thursday changes the economics of purchasing equipment, but it is not likely to fundamentally change the economics of adding capacity, analysts say.</p></div>

For fleets, the emissions-related proposal announced Thursday changes the economics of purchasing equipment, but it is not likely to fundamentally change the economics of adding capacity, analysts say.

EPA proposal likely to cut truck costs, but little impact expected on capacity

<div class="phx-topic abstract-wrapper"><p>The $6 million influx into UK-based artificial intelligence technology provider Nexcade comes as the cost of building AI tools is likely to rise in the coming years.</p></div>

The $6 million influx into UK-based artificial intelligence technology provider Nexcade comes as the cost of building AI tools is likely to rise in the coming years.

Forwarding AI vendor lands funding to automate shipment coordination

<div class="phx-topic abstract-wrapper"><p>But this month will be the end of an early peak season that began in May and increased in intensity, according to the Global Port Tracker, with imports for August through November expected to be lower year over year.</p></div>

But this month will be the end of an early peak season that began in May and increased in intensity, according to the Global Port Tracker, with imports for August through November expected to be lower year over year.

US imports to hit record high in July amid pre-tariff push: retailers

<div class="phx-topic abstract-wrapper"><p>Investment in alternative fuels and electric trucks remains constrained by high upfront costs, infrastructure limits and the difficulty of passing green premiums on to customers, industry leaders say.</p></div>

Investment in alternative fuels and electric trucks remains constrained by high upfront costs, infrastructure limits and the difficulty of passing green premiums on to customers, industry leaders say.

Cost pressures slowing decarbonization drive in UK logistics sector

<div class="phx-topic abstract-wrapper"><p>The sector is adding and expanding terminals, but data shows its overall door count is still almost 5% below its COVID-era 2022 peak.</p></div>

The sector is adding and expanding terminals, but data shows its overall door count is still almost 5% below its COVID-era 2022 peak.

US LTL carriers expanding networks, but still playing catch-up with lost capacity

<div class="phx-topic abstract-wrapper"><p>Hunt set a company record for intermodal volume in the second quarter, with the gains coming as shippers increasingly turn to intermodal as they struggle to secure truckload capacity and absorb fuel price spikes linked to the war with Iran.  </p></div>

Hunt set a company record for intermodal volume in the second quarter, with the gains coming as shippers increasingly turn to intermodal as they struggle to secure truckload capacity and absorb fuel price spikes linked to the war with Iran.

Intermodal’s ‘value proposition’ strongest in a decade: J.B. Hunt

<div class="phx-topic abstract-wrapper"><p>On a second-quarter earnings call, company officials said tightening driver availability, increased regulatory enforcement and rising operating costs are removing capacity from the market faster than freight demand is growing.</p></div>

On a second-quarter earnings call, company officials said tightening driver availability, increased regulatory enforcement and rising operating costs are removing capacity from the market faster than freight demand is growing.

Tighter truck capacity, not stronger demand, driving freight recovery: J.B. Hunt

<div class="phx-topic abstract-wrapper"><p>The pressure remains far less severe than the shortages that disrupted inland supply chains during the pandemic, but after nearly four years of relative stability, truckers and rail workers say equipment gaps are emerging. </p></div>

The pressure remains far less severe than the shortages that disrupted inland supply chains during the pandemic, but after nearly four years of relative stability, truckers and rail workers say equipment gaps are emerging.

Chicago chassis fleet faces first post-COVID-19 test as West Coast imports rise

<div class="phx-topic abstract-wrapper"><p>Three executives told a webinar they have great expectations for 2027, but shippers keep raising the performance bar.</p></div>

Three executives told a webinar they have great expectations for 2027, but shippers keep raising the performance bar.

LTL CEOs see firmer demand, higher revenue driven by truckload tightness

<div class="phx-topic abstract-wrapper"><p>Brendan Dugan, deputy executive director at South Jersey Port Corporation, discusses how data center construction is supporting structural steel imports, why lumber and plywood cargo has softened, and how investments in rail, indoor storage and electric cargo-handling equipment are positioning Camden for steadier year-round growth.</p></div>

Brendan Dugan, deputy executive director at South Jersey Port Corporation, discusses how data center construction is supporting structural steel imports, why lumber and plywood cargo has softened, and how investments in rail, indoor storage and electric cargo-handling equipment are positioning Camden for steadier year-round growth.

Building momentum amid uncertainty

<div class="phx-topic abstract-wrapper"><p>Craig McGraw, vice president of sales and marketing at Trans American Trucking &amp; Warehouse, discusses his involvement in the Congressional Trucking Caucus, how tech will help to prevent bridge accidents, achieving unified operations across states, and his thoughts on chameleon carriers.</p></div>

Craig McGraw, vice president of sales and marketing at Trans American Trucking & Warehouse, discusses his involvement in the Congressional Trucking Caucus, how tech will help to prevent bridge accidents, achieving unified operations across states, and his thoughts on chameleon carriers.

Making safety a priority

<div class="phx-topic abstract-wrapper"><p>Kristi App, chief commercial officer at the Port of New Orleans, talks about plans for the old terminals when LIT opens and redevelopment opportunities, as well as the recent joint venture between the port, Ports America and Terminal Investment Limited.</p></div>

Kristi App, chief commercial officer at the Port of New Orleans, talks about plans for the old terminals when LIT opens and redevelopment opportunities, as well as the recent joint venture between the port, Ports America and Terminal Investment Limited.

Reinvention and redevelopment

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<div class="phx-topic abstract-wrapper"><p>Senior Vice President Paolo Montrone on the hard work involved translating trust and relationship management into tangible results that improve supply chain business.</p></div>

Senior Vice President Paolo Montrone on the hard work involved translating trust and relationship management into tangible results that improve supply chain business.

<div class="phx-topic"><p>"The key is that we have to change together," said Kuehne+Nagel Senior Vice President and Head of Global Trades Paolo Montrone on the topic of translating trust and relationship management into tangible results. He also discusses how the fundamental role of freight forwarders — using assets, technology, and all innovation available to help clients succeeed in compeyotively managing a complex business — has not changed, and won't in the future.</p><p><i>TPM22, Long Beach, California</i></p><p>Sponsored by Kuehne+Nagel</p><p></p><div class="wrapper-full"><dynamic-object type="brightcove" resource-id="6308283626112"></dynamic-object></div></div>

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