Name: Video: Spotmarket Alternative, NYSHEX Examined
Uploaded: Jun 1, 2017, 9:36 AM EDT

At TPM 2017, a panel discussion examined the New York Shipping Exchange, or NYSHEX, a new digital way of contracting that aims to address dysfunctional issues at the core of the current model. In an interview with JOC.com, CEO Gordon Downes discussed the problems this initiative aims to solve, and the specific value it can bring to the process for shippers, carriers, and freight forwarders currently limited by lack of control.

<div class="phx-topic abstract-wrapper"><p>The tariff framework agreement between Washington and Hanoi, while still short on details, is expected to support Vietnam’s strong air cargo volume growth this year.</p></div>

The tariff framework agreement between Washington and Hanoi, while still short on details, is expected to support Vietnam’s strong air cargo volume growth this year.

Feature image

Tariff deal with US lifts high-flying Vietnamese air cargo demand

<div class="phx-topic abstract-wrapper"><p>The long-term effects of US tariffs and the removal of the de minimis exemption have disrupted established air cargo flows and is clouding the industry outlook for the year.</p></div>

The long-term effects of US tariffs and the removal of the de minimis exemption have disrupted established air cargo flows and is clouding the industry outlook for the year.

Trans-Pacific air cargo market flying into turbulent second half

<div class="phx-topic abstract-wrapper"><p>From his hometown hub of Memphis, Fred Smith built FedEx from a $4 million inheritance to an $88 billion behemoth.  </p></div>

From his hometown hub of Memphis, Fred Smith built FedEx from a $4 million inheritance to an $88 billion behemoth.

Fred Smith, FedEx founder and visionary, dead at 80

<div class="phx-topic abstract-wrapper"><p>The loss of An-124 heavy-lift air capacity will force a modal shift to ocean or a reduction in cargo sizes to fit into smaller craft, experts say.</p></div>

The loss of An-124 heavy-lift air capacity will force a modal shift to ocean or a reduction in cargo sizes to fit into smaller craft, experts say.

Market seeks to navigate medium-term cuts to heavy-lift air cargo capacity

<div class="phx-topic abstract-wrapper"><p>But a rise in demand for general cargo will not be enough to offset the sharp decline in e-commerce shipments that followed the US clampdown in May on low-value imports from China. </p></div>

But a rise in demand for general cargo will not be enough to offset the sharp decline in e-commerce shipments that followed the US clampdown in May on low-value imports from China.

Signs of air cargo recovery on the trans-Pacific as freighter aircraft return

<div class="phx-topic abstract-wrapper"><p>But the longer voyages are also seeing container shipping companies cutting the average fuel intensity per TEU mile and ensuring vessels are sailing full. </p></div>

But the longer voyages are also seeing container shipping companies cutting the average fuel intensity per TEU mile and ensuring vessels are sailing full.

Africa diversions drive sharp rise in ocean carrier emissions

<div class="phx-topic abstract-wrapper"><p>The project, due to begin Monday, will also improve truck access by upgrading the gate infrastructure and boost efficiency through the replacement of an outdated terminal operating system.</p></div>

The project, due to begin Monday, will also improve truck access by upgrading the gate infrastructure and boost efficiency through the replacement of an outdated terminal operating system.

Long Beach ITS terminal upgrade to boost capacity by about 50%

<div class="phx-topic abstract-wrapper"><p>The decline came despite a 4.4% increase in total container volumes to 2 million TEUs, the carrier said in a quarterly update Friday.</p></div>

The decline came despite a 4.4% increase in total container volumes to 2 million TEUs, the carrier said in a quarterly update Friday.

OOCL’s Q2 revenue slides on lower trans-Pacific, Asia-Europe rates

<div class="phx-topic abstract-wrapper"><p>Adoption of digital bills of lading has been stronger in Asia, but US traction is necessary to help container lines meet a 2030 commitment to fully move to electronic documents.</p></div>

Adoption of digital bills of lading has been stronger in Asia, but US traction is necessary to help container lines meet a 2030 commitment to fully move to electronic documents.

US Bank eBL trial for US exporter notches another step toward 2030 goal

<div class="phx-topic abstract-wrapper"><p>The Marseille-based liner has finalized operational plans to call off its remaining vessel-sharing agreements with the carriers after Gemini Cooperation-linked realignments.</p></div>

The Marseille-based liner has finalized operational plans to call off its remaining vessel-sharing agreements with the carriers after Gemini Cooperation-linked realignments.

CMA CGM ends existing Indian VSAs with Hapag-Lloyd, Maersk

<div class="phx-topic abstract-wrapper"><p>The uncertainty centers on what the White House considers transshipment and how US Customs and Border Protection officials would regulate goods moving from China to the US via Vietnam.</p></div>

The uncertainty centers on what the White House considers transshipment and how US Customs and Border Protection officials would regulate goods moving from China to the US via Vietnam.

Trump’s Vietnam ‘transshipment’ tariff puzzles US trade community

<div class="phx-topic abstract-wrapper"><p>But the mini rush will be short-lived, with imports falling month to month between August and November, the National Retail Federation and Hackett Associates said in their latest Global Port Tracker.</p></div>

But the mini rush will be short-lived, with imports falling month to month between August and November, the National Retail Federation and Hackett Associates said in their latest Global Port Tracker.

US retailers upgrade import forecast after tariff deadline extended to Aug. 1

<div class="phx-topic abstract-wrapper"><p>The surcharges, which took effect Sunday, apply to select customers who exceed their peak-season allotment of containers out of the region. </p></div>

The surcharges, which took effect Sunday, apply to select customers who exceed their peak-season allotment of containers out of the region.

J.B. Hunt hits some shippers with big surcharges in Southern California

<div class="phx-topic abstract-wrapper"><p>The journey time, about two to three days better than typical industry metrics, comes despite congestion in other parts of partner CPKC’s network.</p></div>

The journey time, about two to three days better than typical industry metrics, comes despite congestion in other parts of partner CPKC’s network.

Schneider says MMX service delivering four-day Mexico-Chicago transit time

<div class="phx-topic abstract-wrapper"><p>Still, analyst Larry Gross suspects that the early strength seen in the first half of the year is substantially composed of volume that has been “borrowed” from a peak season that will be “late and tepid” as a result.</p></div>

Still, analyst Larry Gross suspects that the early strength seen in the first half of the year is substantially composed of volume that has been “borrowed” from a peak season that will be “late and tepid” as a result.

North American intermodal notches solid first half despite trade turmoil

<div class="phx-topic abstract-wrapper"><p>The routing impasse between the railroads threatens supply chain disruptions for ocean carrier CMA CGM, which has cargo booked on the service that is due to begin later this week.</p></div>

The routing impasse between the railroads threatens supply chain disruptions for ocean carrier CMA CGM, which has cargo booked on the service that is due to begin later this week.

BNSF-UP dispute threatens Oakland-SLC service, triggers STB petition

<div class="phx-topic abstract-wrapper"><p>Loup Logistics provides direct access to nearly 80,000 rail-owned containers across North America, significantly expanding UP’s transloading options.</p></div>

Loup Logistics provides direct access to nearly 80,000 rail-owned containers across North America, significantly expanding UP’s transloading options.

Union Pacific subsidiary jumps into transloading with ‘port-to-door' service

<div class="phx-topic abstract-wrapper"><p>Bill Mongelluzzo, Senior Editor, Journal of Commerce by S&amp;P Global, on how prices are dropping in the eastbound trans-Pacific as the largest US trade lane enters the busiest time of the year. </p></div>

Bill Mongelluzzo, Senior Editor, Journal of Commerce by S&P Global, on how prices are dropping in the eastbound trans-Pacific as the largest US trade lane enters the busiest time of the year.

<div class="phx-topic"><p>Bill Mongelluzzo, Senior Editor, Journal of Commerce by S&amp;P Global, on how prices are dropping in the eastbound trans-Pacific as the largest US trade lane enters the busiest time of the year. </p><p></p><div class="wrapper-narrow"><dynamic-object type="brightcove" resource-id="6375219343112"></dynamic-object></div></div>

Peak season pricing declines in the Asia-US trade

<div class="phx-topic abstract-wrapper"><p>Daniell Powell, CEO of Optimal Dynamics, joins TPM Today to discuss how shippers and truckload carriers are automating fleet planning and using technology to forecast for the unknown.</p></div>

Daniell Powell, CEO of Optimal Dynamics, joins TPM Today to discuss how shippers and truckload carriers are automating fleet planning and using technology to forecast for the unknown.

<div class="phx-topic"><p>Eric Johnson, Senior Editor, Technology, Journal of Commerce by S&amp;P Global sat down with  Daniell Powell, CEO of Optimal Dynamics, joins TPM Today to discuss how shippers and truckload carriers are automating fleet planning and using technology to forecast for the unknown</p><p>.• Discover how automation is reshaping logistics teams and what it means for your role.</p><p>• Uncover the surprising ways truck dispatching is being reimagined in 2025.</p><p>• Find out how next gen tech is unlocking powerful gains in network optimization.</p><p><i>This episode was streamed live on June 26, 2025 on </i><a href="https://letstalksupplychain.com/tpm-today/"><i>TPM Today</i></a></p><p></p><div class="wrapper-full"><dynamic-object type="youtube" resource-id="2N6Wlb_KHKs"></dynamic-object></div></div>

Eric Johnson, Senior Editor, Technology, Journal of Commerce by S&P Global sat down with Daniell Powell, CEO of Optimal Dynamics, joins TPM Today to discuss how shippers and truckload carriers are automating fleet planning and using technology to forecast for the unknown .• Discover how automation is reshaping logistics teams and what it means for your role. • Uncover the surprising ways truck dispatching is being reimagined in 2025. • Find out how next gen tech is unlocking powerful gains in network optimization. This episode was streamed live on June 26, 2025 on TPM Today

TPM TODAY | Is Your Fleet Ready for the Next Wave of Automation and Forecasting?

<div class="phx-topic abstract-wrapper"><p>Food and agriculture product shippers have strict needs when it comes to ocean freight, but slow ships and clogged ports stymie efficiency.</p></div>

Food and agriculture product shippers have strict needs when it comes to ocean freight, but slow ships and clogged ports stymie efficiency.

<div class="phx-topic"><p>Michael Angell, Senior Editor, Journal of Commerce by S&amp;P Global, discusses AG shipping.  Food and agriculture product shippers have strict needs when it comes to ocean freight, but slow ships and clogged ports stymie efficiency.</p><p></p><div class="wrapper-narrow"><dynamic-object type="brightcove" resource-id="6375099540112"></dynamic-object></div></div>

Michael Angell, Senior Editor, Journal of Commerce by S&P Global, discusses AG shipping. Food and agriculture product shippers have strict needs when it comes to ocean freight, but slow ships and clogged ports stymie efficiency.

US ag exporters face ongoing risks in reaching overseas markets

SAVE ON A GOLD SUBSCRIPTION: Use code TPM25GW995 to save $500 on an annual Gold subscription and 20% on a TPM26 registration!

Subscribe Now - FT/Anonymous to Gold - Offer Box

SUBSCRIBE AND SAVE

UPGRADE TO GOLD AND SAVE: Use code GTW695 at checkout and save $800 on first year of a Gold subscription!

Upgrade Subscription - Gold Trials

Upgrade Subscription

SUBSCRIBE AND SAVE: Use code STSW20 to save 20% on first year of a Silver or Silver Plus annual subscription!


Subscribe Now - FT/Anonymous to S/SP - Offer Box

GET INTO A GROUP SUBSCRIPTION: Arm your team with unlimited Journal of Commerce content

Group Subscriptions - Offer Box

Group Subscriptions

UPGRADE TO GOLD AND SAVE: Use code TPMGW595 at checkout to save $900 on first year of a Gold subscription and 20% on TPM26! 

Upgrade Subscription - S/SP to Gold - Offer Box

START A FREE TRIAL: Access Journal of Commerce content for 30 days

Free Trial - Offer Box

Free Trial

Video

<div class="phx-topic abstract-wrapper"><p>At TPM 2017, a panel discussion examined the New York Shipping Exchange, or NYSHEX, a new digital way of contracting that aims to address dysfunctional issues at the core of the current model. In an interview with JOC.com, CEO Gordon Downes discussed the problems this initiative aims to solve, and the specific value it can bring to the process for shippers, carriers, and freight forwarders currently limited by lack of control.</p></div>

<div class="phx-topic"><p>At TPM 2017, a panel discussion examined the New York Shipping Exchange, or NYSHEX, a new digital way of contracting that aims to address dysfunctional issues at the core of the current model. In an interview with JOC.com, CEO Gordon Downes discussed the problems this initiative aims to solve, and the specific value it can bring to the process for shippers, carriers, and freight forwarders currently limited by lack of control.</p><p></p><div class="wrapper-full"><dynamic-object type="brightcove" resource-id="5455034507001"></dynamic-object></div></div>

Related Videos

Recent News and Analysis

Maritime News

Surface News

Air Cargo News

Supply Chain News