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The Automotive Supply Chain: Gearing for Major Change

After growing rapidly over the last five years, new vehicle sales in the US have been declining in 2017, according to reports from major automakers. On the one hand, this is bad news for original equipment manufacturers, the suppliers whose parts go into the manufacturing of new vehicles. But automakers are still making cars at a rapid pace, even as owners are hanging onto their vehicles longer — 11.6 years on average in 2016, according to IHS Automotive. That’s good news for replacement parts suppliers such as Bridgestone, Michelin, Toyo, Yokohama, and other tire producers and retailers such as AutoZone, Advance Auto Parts, NAPA, O’Reilly’s, and Pep Boys. At nearly 1 million TEU a year, auto parts imports are a critical commodity for ocean carriers, freight forwarders, and US ports including Los Angeles, Long Beach, Charleston, Savannah, and New York-New Jersey, among the largest gateways for imports in the first six months of 2017, according to IHS Markit data. But there are immense challenges — and potentially disruptive ones — coming, including the impact of electric and autonomous vehicles, China’s environmentally driven factory shutdowns, and regulatory initiatives at in the US and abroad.

This webcast will analyze this dynamic and changing segment of the supply chain, look at import, export, and macroeconomic trends among US ports and ocean carriers, and examine how 3PLs are managing automotive services for their customers. 

Moderator:

Mark Szakonyi, Executive Editor, JOC.com, Maritime & Trade, IHS Markit

Speakers: Steve Hughes, President and CEO, HCS International

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Interested in sponsoring this webcast? For more information, please contact Tony Stein at Tony.Stein@ihsmarkit.com

Thursday, November 16, 2017 - 14:00

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