Name: JOC Uncharted: Episode 3
Uploaded: Jun 3, 2020, 8:00 AM EDT

This episode of JOC Uncharted features a one-on-one conversation with Ocean Network Express CEO Jeremy Nixon, providing his perspective on the current global shipping landscape. The second half of the show is dedicated to air cargo, with a two-part conversation with Peter Stallion, air cargo derivatives broker at Freight Investor Services, Edward DeMartini, vice president of North America Air Freight for Kuehne + Nagel, and Glyn Hughes, global head of cargo at the International Air Transport Association. Donald Broughton, principal and managing partner of Broughton Capital, closes the episode with his insight on the trucking industry. JOC News Update  0:13  Mark  Szakonyi, Executive Editor, The Journal of Commerce and JOC.com    One-On-One with  Jeremy Nixon 3:00 Peter  Tirschwell, Vice President, Maritime & Trade, IHS Markit  Jeremy Nixon, CEO, Ocean Network Express Air Cargo: Uplift or Tailspin? 23:00 Greg Knowler, Senior Editor, Europe, JOC, Maritime & Trade, IHS Markit Peter Stallion, Air Cargo Derivatives Broker, Freight Investor Services 35:57 Edward DeMartini, Vice President, Freight Development, North America, Kuehne + Nagel Glyn Hughes, Global Head of Cargo, International Air Transport Association   Commentary  59:00 Donald Broughton, Principal and Managing Partner, Broughton Capital For information on all current and future JOC Uncharted episodes, please CLICK HERE .

<div class="phx-topic abstract-wrapper"><p>Prices have more than doubled since the war started, and with fuel comprising almost 30% of operating expenses, the Hong Kong-based carrier has been forced to reduce capacity.</p></div>

Prices have more than doubled since the war started, and with fuel comprising almost 30% of operating expenses, the Hong Kong-based carrier has been forced to reduce capacity.

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Cathay Pacific cuts flights as soaring jet fuel prices hit operating costs

<div class="phx-topic abstract-wrapper"><p>While the ceasefire marks the first diplomatic shift in the 40-day conflict, it is being regarded by transport operators as more of a controlled easing rather than an operational reset. </p></div>

While the ceasefire marks the first diplomatic shift in the 40-day conflict, it is being regarded by transport operators as more of a controlled easing rather than an operational reset.

US-Iran ceasefire unlikely to spur air freight return to Middle East: analysts

<div class="phx-topic abstract-wrapper"><p>Global jet fuel prices have almost doubled since the Middle East war began on Feb. 28, piling additional expenses onto an operating component that before the conflict was already more than 30% of total costs.</p></div>

Global jet fuel prices have almost doubled since the Middle East war began on Feb. 28, piling additional expenses onto an operating component that before the conflict was already more than 30% of total costs.

Rising jet fuel costs challenging freighter viability as war enters second month

<div class="phx-topic abstract-wrapper"><p>An estimated 30% of Asia-Europe air cargo is routed via the Middle East, so the sudden closure of airspace in the Persian Gulf has left forwarders scrambling for capacity on freighters and passenger aircraft out of Asia. </p></div>

An estimated 30% of Asia-Europe air cargo is routed via the Middle East, so the sudden closure of airspace in the Persian Gulf has left forwarders scrambling for capacity on freighters and passenger aircraft out of Asia.

Demand for direct Asia-Europe air cargo fills rerouted Middle East flights

<div class="phx-topic abstract-wrapper"><p>An estimated 30% of Asia-Europe air cargo capacity is routed via the Middle East, and with options through the region severely constrained by the US-Iran war, a rush for Asia-Europe air cargo capacity is pushing up prices. </p></div>

An estimated 30% of Asia-Europe air cargo capacity is routed via the Middle East, and with options through the region severely constrained by the US-Iran war, a rush for Asia-Europe air cargo capacity is pushing up prices.

Asia-Europe air cargo space tightens as rates, fuel surcharges soar

<div class="phx-topic abstract-wrapper"><p>CMA CGM and MSC have repurposed some of their vessels for feeder and shuttle activity while they await the opportunity for safe passage out of the war zone, sources say.</p></div>

CMA CGM and MSC have repurposed some of their vessels for feeder and shuttle activity while they await the opportunity for safe passage out of the war zone, sources say.

Carriers redeploy Hormuz-stranded ships for intra-Gulf shuttle operations

<div class="phx-topic abstract-wrapper"><p>Decisions that before the conflict would have taken months are now being decided in days, speeding up road transits, freeing urgently needed capacity and easing customs procedures, industry executives told a webinar. </p></div>

Decisions that before the conflict would have taken months are now being decided in days, speeding up road transits, freeing urgently needed capacity and easing customs procedures, industry executives told a webinar.

Middle East war accelerates regional cross-border cooperation

<div class="phx-topic abstract-wrapper"><p>Ocean carriers say there is still enough bunker fuel availability in general, but the different fuel types are unevenly distributed and affecting key refueling hubs in Asia, notably Singapore. </p></div>

Ocean carriers say there is still enough bunker fuel availability in general, but the different fuel types are unevenly distributed and affecting key refueling hubs in Asia, notably Singapore.

Bunker fuel shortages loom after US counter blocks Strait of Hormuz 

<div class="phx-topic abstract-wrapper"><p>The move comes amid softer volumes this year at the gateway, but NSWA’s chief operating officer says now is not the time to “pull back” on service levels.  </p></div>

The move comes amid softer volumes this year at the gateway, but NSWA’s chief operating officer says now is not the time to “pull back” on service levels.

NWSA knocks SSA for gate closures at its Seattle terminals

<div class="phx-topic abstract-wrapper"><p>The deal is the latest in a growing trend by cash-rich carriers to develop terminals, particularly in Asia and especially in Vietnam, as they move to secure access at key regional ports to gain preferential berthing rights and minimize delays. </p></div>

The deal is the latest in a growing trend by cash-rich carriers to develop terminals, particularly in Asia and especially in Vietnam, as they move to secure access at key regional ports to gain preferential berthing rights and minimize delays.

MSC’s terminals arm extends Vietnam portfolio with new container port project

<div class="phx-topic abstract-wrapper"><p>The customs agency will prioritize unliquidated entries in the first phase of the refund process that was instigated by the February Supreme Court decision to invalidate tariffs on most US trading partners.</p></div>

The customs agency will prioritize unliquidated entries in the first phase of the refund process that was instigated by the February Supreme Court decision to invalidate tariffs on most US trading partners.

First wave of IEEPA refunds to US importers to start April 20: CBP

<div class="phx-topic abstract-wrapper"><p>An increasing number of lawmakers at the federal, state, and municipal levels are taking steps to freeze data center development, which serves as an important cargo source. </p></div>

An increasing number of lawmakers at the federal, state, and municipal levels are taking steps to freeze data center development, which serves as an important cargo source.

Push for data center bans in US threatens project cargo surge

<div class="phx-topic abstract-wrapper"><p>Rising fuel prices and memory costs may force buyers to re-think, or at least delay, purchases of pricey electronics this year.  </p></div>

Rising fuel prices and memory costs may force buyers to re-think, or at least delay, purchases of pricey electronics this year.

US imports of consumer electronics face threats to growth plans

<div class="phx-topic abstract-wrapper"><p>The deal, financial details of which were not disclosed, could possibly be the first M&amp;A domino to fall among a growing number of agent vendors catering to the logistics industry.</p></div>

The deal, financial details of which were not disclosed, could possibly be the first M&A domino to fall among a growing number of agent vendors catering to the logistics industry.

project44 acquires agent developer to expand AI use cases

<div class="phx-topic abstract-wrapper"><p>The railroads say they plan to file an updated merger application on April 30, addressing many of the complaints that caused regulators to deem their original application “incomplete.”</p></div>

The railroads say they plan to file an updated merger application on April 30, addressing many of the complaints that caused regulators to deem their original application “incomplete.”

Revised UP-NS merger application will address deficiencies, critics concerns

<div class="phx-topic abstract-wrapper"><p>The largest US LTL carrier looks to add new business in the healthcare, food and energy sectors and among small businesses to grow volume and improve profitability. </p></div>

The largest US LTL carrier looks to add new business in the healthcare, food and energy sectors and among small businesses to grow volume and improve profitability.

FedEx Freight plans diversification as spin-off date approaches

<div class="phx-topic abstract-wrapper"><p>The agency’s ruling maintains the competitive status quo in which NS is the only railroad with direct access to Norfolk International Terminals.</p></div>

The agency’s ruling maintains the competitive status quo in which NS is the only railroad with direct access to Norfolk International Terminals.

STB rules for Norfolk Southern in dispute with CSX at Port of Virginia

<div class="phx-topic abstract-wrapper"><p>The state was largely insulated from the volatility seen in the Midwest and Northeast over the winter because it did not face the same prolonged cold and snowstorms. </p></div>

The state was largely insulated from the volatility seen in the Midwest and Northeast over the winter because it did not face the same prolonged cold and snowstorms.

California truckload rates rise as fuel spikes, capacity cuts tighten market

<div class="phx-topic abstract-wrapper"><p>Mike Burton, president of Medlog USA, is taking on these challenges by investing in advanced technology, pursuing regional growth and partnering with customers to manage costs and drive future success.</p></div>

Mike Burton, president of Medlog USA, is taking on these challenges by investing in advanced technology, pursuing regional growth and partnering with customers to manage costs and drive future success.

<div class="phx-topic"><p>Amid tariff uncertainty and new trucking regulations that have tightened market capacity, customers are more focused than ever on reducing costs. Mike Burton, president of Medlog USA, is taking on these challenges by investing in advanced technology, pursuing regional growth and partnering with customers to manage costs and drive future success.</p><p><i>TPM26, Long Beach, California</i></p><p><b>Sponsored by Medlog USA</b></p><div class="wrapper-narrow"><dynamic-object type="brightcove" resource-id="6393162237112"></dynamic-object></div></div>

Amid tariff uncertainty and new trucking regulations that have tightened market capacity, customers are more focused than ever on reducing costs. Mike Burton, president of Medlog USA, is taking on these challenges by investing in advanced technology, pursuing regional growth and partnering with customers to manage costs and drive future success. TPM26, Long Beach, California Sponsored by Medlog USA

Investing in growth

<div class="phx-topic abstract-wrapper"><p>Jason Anderson, strategic initiatives director at BlackBerry Radar, explains how the company is building its own IoT ecosystem by engineering devices for non-powered asset tracking, how the devices deliver meaningful value, and introduces a new IoT device for marine containers that’s poised to revolutionize tracking. </p></div>

Jason Anderson, strategic initiatives director at BlackBerry Radar, explains how the company is building its own IoT ecosystem by engineering devices for non-powered asset tracking, how the devices deliver meaningful value, and introduces a new IoT device for marine containers that’s poised to revolutionize tracking.

<div class="phx-topic"><p>IoT tracking has become a valuable asset in rail and chassis containers, as well as ISO tanks, but there remains significant room for broader adoption, particularly in the US. Jason Anderson, strategic initiatives director at BlackBerry Radar, explains how the company is building its own IoT ecosystem by engineering devices for non-powered asset tracking, how the devices deliver meaningful value, and introduces a new IoT device for marine containers that’s poised to revolutionize tracking. </p><p><i>TPM26, Long Beach, California</i></p><p><b>Sponsored by BlackBerry Radar</b></p><div class="wrapper-narrow"><dynamic-object type="brightcove" resource-id="6393102970112"></dynamic-object></div></div>

IoT tracking has become a valuable asset in rail and chassis containers, as well as ISO tanks, but there remains significant room for broader adoption, particularly in the US. Jason Anderson, strategic initiatives director at BlackBerry Radar, explains how the company is building its own IoT ecosystem by engineering devices for non-powered asset tracking, how the devices deliver meaningful value, and introduces a new IoT device for marine containers that’s poised to revolutionize tracking. TPM26, Long Beach, California Sponsored by BlackBerry Radar

A new generation of tracking devices

<div class="phx-topic abstract-wrapper"><p>Nissim Yochai, president, ZIM USA &amp; executive vice president, LATAM Business Unit at ZIM, discusses the status of ZIM’s $4.2 billion agreement with Hapag-Lloyd, how the elimination of de minimis inspired a new service for low-value packages, and the ongoing challenges on pricing and volume in the Latin American market. </p></div>

Nissim Yochai, president, ZIM USA & executive vice president, LATAM Business Unit at ZIM, discusses the status of ZIM’s $4.2 billion agreement with Hapag-Lloyd, how the elimination of de minimis inspired a new service for low-value packages, and the ongoing challenges on pricing and volume in the Latin American market.

<div class="phx-topic"><p>As expedited shipping options have evolved, the category has become a strategic cornerstone of modern supply chains. Nissim Yochai, president, ZIM USA &amp; executive vice president, LATAM Business Unit at ZIM, discusses the status of ZIM’s $4.2 billion agreement with Hapag-Lloyd, how the elimination of de minimis inspired a new service for low-value packages, and the ongoing challenges on pricing and volume in the Latin American market. </p><p><i>TPM26, Long Beach, California</i></p><p><b>Sponsored by ZIM</b></p><div class="wrapper-narrow"><dynamic-object type="brightcove" resource-id="6393100308112"></dynamic-object></div></div>

As expedited shipping options have evolved, the category has become a strategic cornerstone of modern supply chains. Nissim Yochai, president, ZIM USA & executive vice president, LATAM Business Unit at ZIM, discusses the status of ZIM’s $4.2 billion agreement with Hapag-Lloyd, how the elimination of de minimis inspired a new service for low-value packages, and the ongoing challenges on pricing and volume in the Latin American market. TPM26, Long Beach, California Sponsored by ZIM

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Video

<div class="phx-topic abstract-wrapper"><p>This episode of JOC Uncharted features a one-on-one conversation with Ocean Network Express CEO Jeremy Nixon, providing his perspective on the current global shipping landscape; air cargo analysis; and a trucking company failure analysis from Donald Broughton. </p></div>

This episode of JOC Uncharted features a one-on-one conversation with Ocean Network Express CEO Jeremy Nixon, providing his perspective on the current global shipping landscape; air cargo analysis; and a trucking company failure analysis from Donald Broughton.

<div class="phx-topic"><p>This episode of JOC Uncharted features a one-on-one conversation with Ocean Network Express CEO Jeremy Nixon, providing his perspective on the current global shipping landscape. The second half of the show is dedicated to air cargo, with a two-part conversation with Peter Stallion, air cargo derivatives broker at Freight Investor Services, Edward DeMartini, vice president of North America Air Freight for Kuehne + Nagel, and Glyn Hughes, global head of cargo at the International Air Transport Association. Donald Broughton, principal and managing partner of Broughton Capital, closes the episode with his insight on the trucking industry.  </p><p></p><h4>JOC News Update  </h4><p><b>0:13   </b>      Mark  Szakonyi, Executive Editor, The Journal of Commerce and JOC.com      </p><h4>One-On-One with  Jeremy Nixon  </h4><p><b>3:00</b>        Peter  Tirschwell, Vice President, Maritime &amp; Trade, IHS Markit  </p><p>Jeremy Nixon, CEO, Ocean Network Express   </p><h4>Air Cargo: Uplift or Tailspin? </h4><p><b>23:00  </b>     Greg Knowler, Senior Editor, Europe, JOC, Maritime &amp; Trade, IHS Markit </p><p>Peter Stallion, Air Cargo Derivatives Broker, Freight Investor Services </p><p><b>35:57 </b>      Edward DeMartini, Vice President, Freight Development, North America, Kuehne + Nagel </p><p>Glyn Hughes, Global Head of Cargo, International Air Transport Association </p><h4>   Commentary   </h4><p><b>59:00 </b>      Donald Broughton, Principal and Managing Partner, Broughton Capital </p><p></p><p>For information on all current and future JOC Uncharted episodes, please <a href="https://subscribe.joc.com/uncharted/">CLICK HERE</a>.</p></div>

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