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annual review and outlook
Annual Review and Outlook
News and analysis focused on what the industry expects in the coming year for container shipping, ports, trucking, air cargo, logistics, supply chain, and commentaries from industry leaders
The Latest News & Analysis
All categories
Air Cargo
Government
Logistics
Maritime
Rail & Intermodal
Shippers
Trucking
All issue years
2024
2023
2022
2021
2020
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2015
Andrew Slusher, President & CEO, SMC³
JOC Team |
Shippers can prepare for the unknown by working to become shippers of choice.
Patrick J. Ottensmeyer, President & CEO, Kansas City Southern
JOC Team |
Kansas City Southern expects the strongest intermodal volume growth in 2020 to continue coming from cross-border service.
Joni Casey, President & CEO, Intermodal Association of North America
JOC Team |
Legislation in California and in New Jersey regarding the status of independent contractors is not a good idea and will add unnecessary costs that ultimately will be passed on to consumers.
Donna Lemm, Executive Vice President, IMC Companies
JOC Team |
Shippers will continue to value consistency, making contracted freight a winner in 2020.
Geoff Turner, President & CEO, Choptank Transport
JOC Team |
Predictive load-matching, trend analysis, and maximized backhaul utilization will help drive the 2020 market into a more balanced price structure for all stakeholders.
Darren Hawkins, CEO, YRC Worldwide
JOC Team |
Motor carriers must work closely with shippers to overcome increased costs in the form of higher driver wages and benefits, insurance premiums, and tolls.
Derek J. Leathers, President & CEO, Werner Enterprises
JOC Team |
After 2018's hot freight market gave way to record lows in 2019, shippers and providers have learned the value of a long-term market view for sustainable success.
Lance M. Fritz, Chairman, President & CEO, Union Pacific
JOC Team |
Railroads must work through lane consolidations, terminal simplifications, and improved railroad interchanges in order to deliver the more reliable service customers shippers demand.
Jennifer Polli, President & CEO, TRAC Intermodal
JOC Team |
Forecasting based on data and projections from key stakeholders remains a crucial component in chassis business operations, especially in the changing maritime environment, and will allow chassis providers to adapt to evolving market demands.
Ken Kellaway, President & CEO, RoadOne IntermodaLogistics
JOC Team |
Technology-backed cargo visibility and key performance indicator (KPI) data will no longer be nice-to-haves but rather must-haves.
Adriene Bailey, Partner, Oliver Wyman
JOC Team |
Facing lower trucking rates due to electrification, digital freight matching, ELD improvements, and asset productivity, intermodal carriers must deliver consistent service, integrate operating partners, and build more agile pricing processes to stay competitive.
Marty Freeman, COO, Old Dominion Freight Line
JOC Team |
Developing and investing in a platform that allows customers to see the location of their shipments, when they will arrive, and when to expect potential delays will be critical to meeting customer expectations in the next decade.
Kevin O’Brien, President & CEO, Inland Marine Underwriters Association
JOC Team |
Carriers that transport food and beverage cargo must evaluate their exposure and insurance coverage in response to the FDA’s Food Safety Modernization Act (FSMA), which specifies that if a product is shipped in a condition that may have been adulterated, then it is considered adulterated, making cargo carriers liable for a loss for which they were not at fault.
Patrick Maher, Executive Vice President, Gulf Winds
JOC Team |
As the industry continues to struggle with added complexities, volatility in flow, and inefficiencies in chassis models, more shippers across all industries should move towards a longer-term strategy.
Keith Creel, CEO, Canadian Pacific Railway (CP)
JOC Team |
For intermodal shipping by rail to remain a compelling value proposition, railways must continue to execute the precision scheduled railroading model every day and work in lockstep with the ports served, which are critical to the success of the North American intermodal supply chain.
Steven R. Blust, President, Containerization and Intermodal Institute & Institute of International Container Lessors
JOC Team |
Responding to rapidly shifting market demands, global supply chains are changing more frequently, resulting in exaggerated surges and slumps in cargo volumes. Information is key to planning for market shifts — digital platforms and effective interpersonal skills will become ever more essential going forward.
Michael B. Wilson, CEO, Consolidated Chassis Management (CCM)
JOC Team |
The primary challenge facing the transportation and logistics industry is to optimize the fluidity of the supply chain whenever and wherever possible, focusing on service quality, availability, flexibility, operational efficiency, environmental sustainability, and neutral management.
Jean-Jacques Ruest, President & CEO, Canadian National Railway (CN)
JOC Team |
North American railroads will regain their “intermodal mojo” in 2020 by investing for the future and adapting to the evolving consumer market segment.
Carl Ice, President & CEO, BNSF Railway
JOC Team |
Encouraged by consumer sentiment and confidence, we remain optimistic in the strategic advantages of less distance, short transit times, and supply chain flexibility associated with intermodal transport.
Ian Jefferies, President & CEO, Association of American Railroads
JOC Team |
The US rail network is the healthiest in its history; now it relies on Congress and the US Surface Transportation Board to make sensible policy that promotes and enables further investment.
Anthony B. Hatch, Principal, ABH Consulting
JOC Team |
Intermodal remains the best opportunity for rail to show sectoral as well as cyclical growth and to participate in the new economy.
Amy Magnus, President, National Customs Brokers & Forwarders Association of America (NCBFAA)
JOC Team |
Automation has changed every aspect of global trade, but trade has become no less complex, and cutting-edge technology and algorithms are worthless without quality data.
John W. Butler, President & CEO, World Shipping Council (WSC)
JOC Team |
We must transition from the political debate on greenhouse gases into the engineering work of eliminating GHG emissions, and that means making a big investment in R&D, starting now.
Kunio Mikuriya, Secretary General, World Customs Organization (WCO)
JOC Team |
Being uniquely mandated and positioned at borders to play a prominent role across the international supply chain, customs is more than able to make a considerable contribution towards a sustainable, secure, and inclusive future for all.
Michael J. Toohey, President & CEO, Waterways Council
JOC Team |
An inland waterways cost-share change to 75 percent general revenue funding and 25 percent Inland Waterways Trust Fund (IWTF) funding, from the current 50/50 formula, would mean that in 20 years, all 25 priority inland waterways projects could be finished.
Beth C. Ring, Senior Member, Sandler Travis and Rosenberg
JOC Team |
With every aspect of the US–China trade war subject to change until a detailed, formal announcement, the steady influx of individual petitions to exclude specific products from the current tariffs on “List 4A” (effective Sept. 1, 2019) proceeds apace, and importers should not put the brakes on those requests in order to be able to recoup tariffs already paid.
Vincent Iacopella, President, Pacific Coast Council of Customs Brokers and Freight Forwarders (PCC)
JOC Team |
The PCC will work with CBP and other government agencies on updating regulations to better align with the changes in supply chain and distribution channels, especially direct-to-consumer.
Basil Pietersen, President, FIATA
JOC Team |
FIATA members express cautious optimism in 2020 despite facing significant trade, regulatory, and business challenges.
Michael A. Khouri, Chairman, US Federal Maritime Commission
JOC Team |
Issues before the Federal Maritime Commission in 2020 will include new fuel surcharges, misdeclaration of hazardous cargos, reporting requirements for forwarders and NVOCCs, and a reassessment of detention and demurrage practices.
Anil J. Vitarana, Founder & Principal, Cranford Consulting
JOC Team |
The China–US trade war is fallout from a “cold war” between the two superpowers, and irrespective of the outcome of the 2020 US presidential election, the relationship between the two countries is likely to remain thorny for the foreseeable future.
Luiz da Costa, President, Coalition of New England Companies for Trade (CONECT)
JOC Team |
Prompt passage and implementation of the US–Mexico–Canada Agreement is important to the New England trade community due to the high volume of trade with our neighbor Canada, as is the US–Japan Trade Agreement, as well as reduction in trade barriers between the US and the European Union.
Nicolette van der Jagt, Director General, CLECAT
JOC Team |
Freight forwarders should use supply chain data, generate and organize it, and make it available for further analysis, or risk losing out to shipping lines and IT-driven logistics start-ups.
Bruce Rodgers, Executive Director, Canadian International Freight Forwarders Association
JOC Team |
Logistics service providers need to move toward transparency, collaboration, and sharing around data, but cybersecurity looms as a significant threat to all.
Dennis L. Bryant, Principal, Bryant’s Maritime Consulting
JOC Team |
The marine industry will continue to deal with environmental issues, with ship speed and noise issues next up, and must continue to identify and implement practical approaches, rather than be the subject of change.
Chris Connor, President & CEO, American Association of Port Authorities
JOC Team |
Because they support over a quarter of the US economy and 31 million American jobs, proper maintenance of the nation’s deep-draft harbors and navigation channels for today’s new, larger ships is paramount to the manufacturers, retailers, exporters, and farmers who count on ports to move their products to market.
Zvi Schreiber, Founder & CEO, Freightos
JOC Team |
Digital air cargo (DAC), a trend envisioning real-time bidirectional communication of rates, capacity, and e-bookings across airlines, GSAs, forwarders, and shippers, can radically lower prices, improve transit times and reliability, and expand the market.
Glyn Hughes, Global Head of Cargo, International Air Transport Association, IATA
JOC Team |
The air cargo industry will move from the idea of supply chains to the concept of supply communities by deploying capacity where it is needed and working collaboratively to develop new solutions.
Curtis Spencer, President, & Steve Schellenberg, Vice President, Business Development, IMS Worldwide
JOC Team |
As e-commerce volumes continue to increase, alternative US gateway airports, such as Columbus, Huntsville, Rockford, Cincinnati, and Greenville–Spartanburg, are thriving and there's been a resurgence of interest and use in the Foreign-Trade Zone (FTZ) program.
John Dietrich, President & CEO, Atlas Air Worldwide
JOC Team |
To meet existing and future demand, many manufacturers are shifting production to new localities and establishing related new supply chains.
Brandon Fried, Executive Director, Airforwarders Association
JOC Team |
Despite industry and global economic concerns, freight forwarders are seeing more customer demand for the primary deliverables within this business: faster order processing and vendor flexibility.
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