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White Papers
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As the globalization of world trade accelerates, the importance of achieving operational speed without sacrificing accuracy is becoming paramount to the success of all stakeholders in the international trading system — from shippers to logistics service providers, terminal operators, and carriers, to retailers, consumers and end-users of the transported goods. For businesses involved in that supply chain, providing end-to-end visibility and predictability is vital for staying ahead of the competition. Fortunately, automation and digitization are making that possible at levels that were unimaginable even a few years ago. Nevertheless, a great deal of additional progress remains attainable, so long as stakeholders join forces to take the next big leap in the process.
In a 2018 survey of approximately 250 shipping industry executives and professionals conducted by JOC.com/IHS Markit, Navis, and XVELA (Fig. XI), more than half of all respondents anticipated that their performance metrics would improve by at least 50 percent if they could share real-time operational information. However, 56 percent surveyed see a hurdle in the lack of industry data standards, a statistic that supports concerns raised by stakeholders that data standardization is a primary challenge that needs to be overcome to achieve widespread industry collaboration.
Based upon a series of interviews with industry thought leaders as well as the survey results, this report examines the potential path to real-time collaboration across the industry, including cultural and operational challenges facing adoption. This project was co-sponsored by Navis and XVELA.
The advent of cloud-based, collaborative data-sharing platforms has enabled automation of dozens of global supply chain processes and management of electronic booking, digital transmission of shipping instructions, and real-time container-status tracking. With the expansion of collaboration and data-sharing into the foundational end-to-end container planning processes, from stowage planning and execution to berth window management and port call optimization, the ideal of “working as one” appears to be within reach.
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Read this whitepaper then decide which pallet type is best for you! Learn how pallet strength, stiffness and other functionality characteristics impact supply chain efficiencies.
This whitepaper discusses the functionality characteristics of two wood-based pallet types, but are made from distinctive processes. The pallets are compared for use in one-way shipping include; the innovative 48” x 40” Engineered Molded Wood pallet made with high heat and pressure and the established 48” x 40” GMA-Style pallet made from wood slats and nails.
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One major trend of 2018 is that transporting goods remains costly and complex with increasing ecommerce sales and shipping rates, unexpected natural disasters, and driver shortages. This paper examines several supply chain trends to closely monitor this year and how digitizing your supply chain can keep you one step ahead.
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During the current cycle, beneficial cargo owners and their carrier partners must deal with multiple factors in designing their contracts. These include the state of the global economy, projected market conditions, the supply-demand imbalance, potential carrier capacity issues, shipment seasonality, shifting manufacturing origins, and long-term carrier stability. Additionally, this year, the full impact of evolving carrier alliances hits the performance curve. Deliberations are further complicated by the perception among many shippers of a lack of collaboration and declining carrier performance.
The Ocean Contracting Outlook white paper is a primer for 2018, detailing best practices for contract design and negotiation, projected rate levels for the balance of the year, and BCO and carrier expectations and strategies for collaboration. These conclusions are based upon a series of interviews with industry thought leaders and the results of a recently completed survey conducted by JOC.com/IHS Markit and Gemini Shippers Group. The paper is sponsored by Gemini.
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Globalization puts forward opportunities to companies of any size who can effectively provide or source products and services in dynamic markets. Review our white paper and learn:
- How to gain a competitive advantage through global transportation logistics
- Factors that influence international shipments
- Five characteristics of a global TMS and why companies worldwide should consider TMS technology
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As a result of increasing pressure to improve supply chain predictability, creating certainty around the berth time of a container ship in a port is a primary challenge for the industry today. This paper explores how providing visibility and transparency to port operations can lead to a better way of doing things in the berth management field.
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This paper takes a deep dive into SMC³’s CzarLite XL, an advanced pricing system solution that gives shippers and logistics service providers a new neutral benchmark choice when negotiating LTL shipping rates.
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The Journal of Commerce/IHS Maritime & Trade, NASSTRAC, the Transportation Intermediaries Association, and Truckstop.com took the pulse of a domestic transportation market at a crucial turning point in late September. Shippers and freight brokers offered their expectations for the next six months and the year ahead. Significant change is anticipated, especially in terms of available truck capacity.
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There are countless operational and security functions involved in the successful movement of cargo. Click for infographic.
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China represents tremendous opportunities for automakers and the companies that serve them. There are specific qualities that companies should seek in a qualified logistics provider to grasp their best opportunities. This white paper explains:
• The top logistics challenges for the automotive industry in China
• How logistics providers can support automotive companies in China
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In a recent survey of ocean supply chain professionals by the Business Performance Innovation (BPI) Network and XVELA, a full 90 percent of respondents believe that real-time visibility and information sharing is critical to improving the efficiency and performance of the shipping industry, but the technology to make these improvements has been lacking until now.
This paper examines the existing challenges caused by the industry’s aging EDI infrastructure and legacy IT systems, and explores how modern cloud solutions can address these challenges by facilitating collaboration and real-time data exchange between terminal operators, ocean carriers, their operational partners and port constituents.
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In April 2017, most ocean carriers changed their alliance agreements, requiring Dunavant to present clients with the potential negative impact on their retail lead times. Mergers, acquisitions, and bankruptcy also limited the number of available carriers to use in the marketplace. This white paper details how Dunavant balanced these changes and volatility while maintaining the precision of client supply chain requirements.
Dunavant has been a major shipper in international markets for over 40 years, with experience in more than 50 countries across all six major continents. Dunavant has developed and monitored detailed landing costs to and from hundreds of origin points globally, and Dunavant currently manages more than 100,000 loads annually. Dunavant’s global customers service teams provide personalized care and solutions focused on a client’s industry and individual requirements.
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An August 2017 survey conducted by The Journal of Commerce/IHS Markit suggests that the current shipper-carrier relationship is strained due to longstanding industry practices that impact carrier and supply chain performance.
For two parties that rely so intrinsically on one another for the success of their respective enterprises, the key objectives of ocean carriers and beneficial cargo owners — and their non-vessel-operating common carrier and forwarder partners — are often in direct conflict. A history of pricing volatility, unsustainable industry practices, and failures to fulfill contract obligations fuels the discord.
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As the size and capacity of global container ships have grown larger and larger, an abundance of excess containers have led to softened cargo rates. Global port operators looking to better manage the accelerated flow of incoming and outgoing containers need innovative and sophisticated material-handling equipment. Over the last decade, a new generation of advanced systems has emerged, enabling terminal managers to keep a constant eye on the cost of operating their equipment, share that information with vehicle operators, and manage their fleets more effectively. Today’s managers are looking beyond upfront costs.
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In this evolving environment, where shippers are searching for the fastest conduits for their goods to markets, communication along the whole length of the supply chain is paramount. For years, the Port of Long Beach has been preparing for the mega vessels that are becoming more common at U.S. seaports, investing more than $4 billion on capital improvements this decade to increase cargo-handling efficiency with sustainable facilities and practices that can withstand community and regulatory scrutiny.
This paper will briefly examine what the Port of Long Beach has done to prepare its supply chains for the future demands of shipping alliances and larger ships. The findings of this paper will help policymakers and executives at U.S. port authorities understand their role as they position their ports to benefit from the changing landscape in the maritime shipping industry.
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Why the use of independent drivers for port drayage is a risk that large importers can’t afford to take.
Most port drayage is handled by independent owner-operators. This reliance is putting large importers at significant risk for decreased capacity and increased financial liability.
This SalSon Logistics viewpoint paper explains the trends that are driving this increased risk and why BCOs may want to foster relationships with asset-based dray carriers.
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Until recently shippers and the logistics companies they hire had little visibility into the whereabouts of the containers carrying their cargo because those boxes have been aptly described as “dark, dumb, and disconnected.”
As technology advances that is dramatically changing, and Hub Group, a North American multi-modal transportation solutions provider with approximately $3.6 billion in annual revenue, is leading the way. Hub Group has installed Global Positioning System technology as part of its Mission Control system, which tracks every movement of containers in its fleet by rail and truck — from point of origin to destination — in order to boost utilization and provide cargo safety and real-time tracking capacity.
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IHS Markit will be releasing free whitepapers each quarter providing thought-provoking insight from our subject matter experts covering both the Maritime industry and Global Trade future outlooks for 2017 and beyond.
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A growing dichotomy between the expectations of shippers and carriers on the outlook for ocean freight rates this year may set the stage for difficult contract negotiations for the 2017-2018 shipping season. Shippers think they can nail down contracts with little or no rate increases over last year, according to a new survey by The Journal of Commerce, while container lines are more bullish about getting much higher rates this year than they have been in years.
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More on JOC
Jul 19, 2018 2:00PM EDT
