Name: TPM 2016: Record-low freight rates shake up shipping industry
Uploaded: Apr 4, 2016, 4:18 PM EDT

The year between TPM 2015 and TPM 2016 was marked by low demand and excess capacity that spurred freight rates to historic lows, triggering industry consolidation and threatening some of its biggest players. In this video, JOC Senior Content Editor Alessandra Barrett chats with Laufer Group International CEO Mark Laufer about how those challenges are shaping the industry and impacting shippers. You can find all of our TPM 2016 coverage here .

<div class="phx-topic abstract-wrapper"><p>The closure of freighter slots at the airport beginning in August is expected to last several months because of an estimated $1 billion investment plan launched by port operator Adani Airport Holding.</p></div>

The closure of freighter slots at the airport beginning in August is expected to last several months because of an estimated $1 billion investment plan launched by port operator Adani Airport Holding.

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Indian air cargo braces for disruptions amid looming upgrade project at Mumbai

<div class="phx-topic abstract-wrapper"><p>US tariffs on China and the 90-day pause on tariffs imposed by Washington on a host of other countries made it difficult to assess how the market would develop this year, according to the forwarder’s CEO.</p></div>

US tariffs on China and the 90-day pause on tariffs imposed by Washington on a host of other countries made it difficult to assess how the market would develop this year, according to the forwarder’s CEO.

Kuehne + Nagel’s financial crystal ball clouded by US tariff disruption

<div class="phx-topic abstract-wrapper"><p>HHG imports rose almost 20% in 2024, fueled in part by home remodeling, but US tariffs on China and Vietnam could reverse that gain. </p></div>

HHG imports rose almost 20% in 2024, fueled in part by home remodeling, but US tariffs on China and Vietnam could reverse that gain.

Tariffs threaten rebound in US household goods imports

<div class="phx-topic abstract-wrapper"><p>US electronics imports are riding a wave of cyclical replacement, but tariffs could bring on an ebb tide.</p></div>

US electronics imports are riding a wave of cyclical replacement, but tariffs could bring on an ebb tide.

US tariffs threaten a ‘refresh wave’ of US electronics sales, imports

<div class="phx-topic abstract-wrapper"><p>Qatar, IAG and MASkargo plan to get their trilateral partnership off the ground as soon as regulatory approval is secured.</p></div>

Qatar, IAG and MASkargo plan to get their trilateral partnership off the ground as soon as regulatory approval is secured.

Three air freight majors form global alliance to expand network reach

<div class="phx-topic abstract-wrapper"><p>The flagship of Santos Brasil is Tecon Santos, the largest container terminal in South America with a capacity of 2.5 million TEUs that will soon be expanded to 3 million TEUs.</p></div>

The flagship of Santos Brasil is Tecon Santos, the largest container terminal in South America with a capacity of 2.5 million TEUs that will soon be expanded to 3 million TEUs.

CMA CGM becomes majority shareholder in Santos Brasil terminal operator

<div class="phx-topic abstract-wrapper"><p>Shippers and service providers say much of the project cargo industry dodged a bullet with the latest US fee proposal targeting Chinese-built ships.</p></div>

Shippers and service providers say much of the project cargo industry dodged a bullet with the latest US fee proposal targeting Chinese-built ships.

Breakbulk25: Trade policy headwinds haven’t dampened all optimism

<div class="phx-topic abstract-wrapper"><p>The unknowns surrounding US tariffs and proposed fees on Chinese tonnage are forcing shipowners to take a wait-and-see approach to ordering new vessels.</p></div>

The unknowns surrounding US tariffs and proposed fees on Chinese tonnage are forcing shipowners to take a wait-and-see approach to ordering new vessels.

Breakbulk25: Capacity-limited MPV operators reconsider fleet expansion

<div class="phx-topic abstract-wrapper"><p>Speakers at the conference in New Orleans agreed that recent volatility has yet to significantly slow projects or investments in the project cargo sector.</p></div>

Speakers at the conference in New Orleans agreed that recent volatility has yet to significantly slow projects or investments in the project cargo sector.

Breakbulk25: Logistics managers push adaptability amid market turmoil

<div class="phx-topic abstract-wrapper"><p>The latest deals will increase the total number of methanol-enabled ships Wan Hai has on order to 32, worth a total of almost $5 billion.</p></div>

The latest deals will increase the total number of methanol-enabled ships Wan Hai has on order to 32, worth a total of almost $5 billion.

Wan Hai orders four 16,000-TEU ships amid expansion of long-haul network

<div class="phx-topic abstract-wrapper"><p>The award is less than the electronics giant sought in its complaint against Zim over detention and demurrage billing, a case that saw the judge chide Zim’s billing practices. </p></div>

The award is less than the electronics giant sought in its complaint against Zim over detention and demurrage billing, a case that saw the judge chide Zim’s billing practices.

FMC judge awards Samsung $3.7 million from Zim in billing dispute

<div class="phx-topic abstract-wrapper"><p>S&amp;P Global’s Flash PMI for April, released Thursday, shows that economic output in the developed world hit its lowest point since 2023, boding poorly for container growth this year. </p></div>

S&P Global’s Flash PMI for April, released Thursday, shows that economic output in the developed world hit its lowest point since 2023, boding poorly for container growth this year.

Breakbulk25: Shipping industry faces rising likelihood of US recession: analyst

<div class="phx-topic abstract-wrapper"><p>Carriers and importers are dealing with confusion over how tariffs in general, and the trade war between Washington and Beijing specifically, will affect commerce on the US’ busiest trade lane over the next 12 months.</p></div>

Carriers and importers are dealing with confusion over how tariffs in general, and the trade war between Washington and Beijing specifically, will affect commerce on the US’ busiest trade lane over the next 12 months.

Tariff uncertainty disrupting timeline for trans-Pacific service contract talks

<div class="phx-topic abstract-wrapper"><p>The companies say it is important to be agile with capacity deployment if there is a significant decline in volumes crossing the docks at Los Angeles and Long Beach amid the trade conflict with China.</p></div>

The companies say it is important to be agile with capacity deployment if there is a significant decline in volumes crossing the docks at Los Angeles and Long Beach amid the trade conflict with China.

Knight-Swift, Union Pacific brace for West Coast volume downturn

<div class="phx-topic abstract-wrapper"><p>The president of the second-largest US LTL provider sees Amazon’s decision to offer its vendors LTL service as an opportunity for ODFL to move more retail freight. </p></div>

The president of the second-largest US LTL provider sees Amazon’s decision to offer its vendors LTL service as an opportunity for ODFL to move more retail freight.

Amazon LTL offering is no threat to standalone carriers: ODFL

<div class="phx-topic abstract-wrapper"><p>Shippers need to collect and share accurate shipment data and even rethink some shipping processes ahead of July 19 changes to LTL classification, experts tell the <i>Journal of Commerce.</i> </p></div>

Shippers need to collect and share accurate shipment data and even rethink some shipping processes ahead of July 19 changes to LTL classification, experts tell the Journal of Commerce.

Lack of accurate data a threat to US shippers as LTL reclassification nears

<div class="phx-topic abstract-wrapper"><p>Corey Heinz, managing director of sales for CPKC, discusses how things are going post-merger and investments into a more efficient rail network. </p></div>

Corey Heinz, managing director of sales for CPKC, discusses how things are going post-merger and investments into a more efficient rail network.

<div class="phx-topic"><p>It’s been two years since Canadian Pacific and Kansas City Southern railways merged to become CPKC, creating a massive network that connects Canada, the United States and Mexico. Corey Heinz, managing director of sales for CPKC, discusses how things are going post-merger and investments into a more efficient rail network.</p><p><i>TPM25, Long Beach, California</i></p><p><b>Sponsored by CPKC</b></p><div class="wrapper-narrow"><dynamic-object type="brightcove" resource-id="6371801915112"></dynamic-object></div></div>

It’s been two years since Canadian Pacific and Kansas City Southern railways merged to become CPKC, creating a massive network that connects Canada, the United States and Mexico. Corey Heinz, managing director of sales for CPKC, discusses how things are going post-merger and investments into a more efficient rail network. TPM25, Long Beach, California Sponsored by CPKC

Expanding its reach

<div class="phx-topic abstract-wrapper"><p>Jeff Aldaz, chief operating officer at Lean Solutions, talks about digital transformation in the industry and where it makes sense to leverage technology.</p></div>

Jeff Aldaz, chief operating officer at Lean Solutions, talks about digital transformation in the industry and where it makes sense to leverage technology.

<div class="phx-topic"><p>In April, Lean Solutions unveiled TalentQ, a recruitment and talent placement tool powered by AI. Lean Solutions’ Chief Operating Officer Jeff Aldaz talks about digital transformation in the industry and where it makes sense to leverage technology.</p><p><i>TPM25, Long Beach, California</i></p><p><b>Sponsored by Lean Solutions</b></p><div class="wrapper-narrow"><dynamic-object type="brightcove" resource-id="6371803379112"></dynamic-object></div></div>

In April, Lean Solutions unveiled TalentQ, a recruitment and talent placement tool powered by AI. Lean Solutions’ Chief Operating Officer Jeff Aldaz talks about digital transformation in the industry and where it makes sense to leverage technology. TPM25, Long Beach, California Sponsored by Lean Solutions

Digitizing supply chain operations

<div class="phx-topic abstract-wrapper"><p>Morten Johansen, COO of DP World Americas, discusses the company’s investment in the Americas and his thoughts on technology, sustainability and nearshoring.</p></div>

Morten Johansen, COO of DP World Americas, discusses the company’s investment in the Americas and his thoughts on technology, sustainability and nearshoring.

<div class="phx-topic"><p>DP World’s extensive footprint in the Americas is expected to expand in the coming years. Morten Johansen, COO of DP World Americas, discusses the company’s investment in the region and his thoughts on technology, sustainability and nearshoring.</p><p><i>TPM25, Long Beach, California</i></p><p><b>Sponsored by DP World</b></p><div class="wrapper-narrow"><dynamic-object type="brightcove" resource-id="6371802616112"></dynamic-object></div></div>

DP World’s extensive footprint in the Americas is expected to expand in the coming years. Morten Johansen, COO of DP World Americas, discusses the company’s investment in the region and his thoughts on technology, sustainability and nearshoring. TPM25, Long Beach, California Sponsored by DP World

Investing in the Americas

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Video

<div class="phx-topic abstract-wrapper"><p>The year between TPM 2015 and TPM 2016 was marked by low demand and excess capacity that spurred freight rates to historic lows, triggering industry consolidation and threatening some of its biggest players. In this video, JOC Senior Content Editor Alessandra Barrett chats with Laufer Group International CEO Mark Laufer about how those challenges are shaping the industry and impacting shippers. </p></div>

The year between TPM 2015 and TPM 2016 was marked by low demand and excess capacity that spurred freight rates to historic lows, triggering industry consolidation and threatening some of its biggest players. In this video, JOC Senior Content Editor Alessandra Barrett chats with Laufer Group International CEO Mark Laufer about how those challenges are shaping the industry and impacting shippers.

<div class="phx-topic"><p>The year between TPM 2015 and TPM 2016 was marked by low demand and excess capacity that spurred freight rates to historic lows, triggering industry consolidation and threatening some of its biggest players. In this video, JOC Senior Content Editor Alessandra Barrett chats with Laufer Group International CEO Mark Laufer about how those challenges are shaping the industry and impacting shippers. You can find all of our TPM 2016 coverage <a href="http://www.joc.com/special-topics/tpm-2016">here</a>.</p><p></p><div class="wrapper-full"><dynamic-object type="youtube" resource-id="B3TGqYLgoYw"></dynamic-object></div></div>

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