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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
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2015
Brian Conrad, Executive Administrator, Transpacific Stabilization Agreement
JOC Team |
<p>Six years of flat demand have taken a toll on container shipping.</p>
Geraldine Knatz, Professor of the Practice of Policy and Engineering, University of Southern California
JOC Team |
<p>California’s resolve to address environmental issues exhibits no signs of wavering.</p>
John F. Reinhart, CEO and Executive Director, Virginia Port Authority
JOC Team |
<p>Ports must be able to provide efficient and innovative services to all customers and stakeholders if they want to remain relevant, competitive, and benefit from the big-ship trend.</p>
Chris Lytle, Executive Director, Port of Oakland
JOC Team |
<p>Call me an optimist, but I think 2017 should be a better year for the maritime industry. That’s easy to say, right? It couldn’t get any worse. </p>
Molly C. Campbell, Director, Port Commerce Department, Port Authority of New York and New Jersey
JOC Team |
<p>It may be challenging this year to highlight just one or two changes impacting the port industry. In reality, this sector has been evolving and responding to change for decades. Nevertheless, both the speed and magnitude of the changes we are witnessing today is consequential.</p>
Michael J. White, President and CEO, Maersk Line North America
JOC Team |
<p>In 2017, we can expect change will continue, but change can be positive. It may provide opportunity for improvement and perhaps an entirely new business model for the future. </p>
Craig Jasienski, President and CEO, Wallenius Wilhelmsen Logistics
JOC Team |
<p>Based on the significant development and changes, some largely unexpected, that we have seen in 2016, making predictions for 2017 is a somewhat daunting task.</p>
Griffith V. Lynch, Executive Director, Georgia Ports Authority
JOC Team |
<p>The complete impact of the expanded Panama Canal and the larger vessels it accommodates is still developing. However, long-term indications are that the service frontier for US East Coast ports will shift westward, especially for nonperishable goods.</p>
Karen Oldfield, President and CEO, Halifax Port Authority
JOC Team |
<p>Containerized cargo shipping along the east coast of North America is on the cusp of major transformation. </p>
Sylvie Vachon, President and CEO, Montreal Port Authority
JOC Team |
<p>The signing of the EU-Canada Comprehensive Economic and Trade Agreement should bring a positive effect in stimulating a relatively weak cargo demand, set on a background of uncertainties surrounding the longer term effects of BREXIT and the recent US elections (notably on North American trade relations).</p>
John Wolfe, CEO, Northwest Seaport Alliance
JOC Team |
<p>It’s no longer enough to develop world-class terminal facilities, believing the cargo will come. We must take an active role in working with our partners to build a rigorous performance management system using real data to drive more informed decisions.</p>
Paul Devine, President, OOCL (USA)
JOC Team |
<p>Many players in the industry will be preparing for some important changes in the playing field for 2017, and from these changes, opportunities for operational efficiencies can be expected, improved utilization of assets realized, and more competitive products for customers can be developed.</p>
Tom Crowley, Chairman and CEO, Crowley Maritime
JOC Team |
While the US has looked to the Far East for low-cost merchandise for a number of years, increasingly, we are seeing manufacturers turning to near-sourcing in Central America
Angus R. Cooper II, Chairman and CEO, Cooper/T. Smith
JOC Team |
<p>I am curious to see how the global economy will be affected by the new leadership/administration we recently elected in the US.</p>
Michael DiVirgilio, President, Containerization & Intermodal Institute
JOC Team |
<p>In 2016, we witnessed the start of the consolidation in the liner industry and it should not have been a surprise.</p>
James E. Devine Jr., President, Distribution Publications
JOC Team |
<p>Shippers who use NVOCCs to move their ocean freight have seen a steady increase in their options in recent years, and this important trend will continue in 2017.</p>
Steve Siu, CEO, CargoSmart
JOC Team |
<p>We are now in the age of the digital economy.</p>
Rod Riseborough, CEO, CTS Ltd.
JOC Team |
<p dir="ltr">Without a doubt, the key factors affecting the container trades in 2017 will be consolidation and the creation of three new, major alliances.</p>
Craig Mygatt, CEO, SeaLand
JOC Team |
<p>There is a need to continuously improve the customer experience around online tools. To do so, investment is required on both the carrier and shipper side around a more structured protocol that can only be done through coordinated forums with the right specialists involved. </p>
Marcus L. Arky, Principal, Metro Group Maritime
JOC Team |
<p>A few factors will continue to keep ocean freight rates low. The various container line combinations will not relieve the greatest stress on the industry: too much supply and not enough demand.</p>
Mark Millar, Managing Partner, Book Author of Global Supply Chain Ecosystems, M Power Associates
JOC Team |
<p>Uncertainty is the only thing we can be certain about for 2017.</p>
Chris Gutierrez, President, Kansas City SmartPort
JOC Team |
<p>Labor will be one of the most significant decision factors any company will have in looking at expanding their footprint of facilities and operations. </p>
Tom Barnes, CEO, Integration Point
JOC Team |
<p>Over the past year, several countries have shifted their priorities to be more internally focused. Brexit in the UK and the 2016 US election were very publicized examples of this, but the shift has occurred or is occurring in many other countries.</p>
Blaine Kelley, Senior Vice President, Global Supply Chain Practice, CBRE
JOC Team |
<p class="Default">In the United States, an imbalanced warehouse demand-supply ratio is finally leveling out with each delivering 200 million square feet for 2016. Despite concerns and headwinds from slowing global trade, domestic markets look to have a repeat performance for 2017.</p> <p> </p>
Richard J. Bolte Jr., Chairman and CEO, BDP International
JOC Team |
Brett E. Parker, Co-Founder and President, Cargomatic
JOC Team |
<p>In 2017, the pace of innovation will continue to speed up. Large enterprise organizations will continue to announce strategic partnerships with smaller tech enabled start-ups, which will further increase the speed of adoption.</p>
Neil Barni, President, CargoSphere
JOC Team |
<p>2017 looks to have an exciting focus on digitization. The spotlight is shining brightly on this subject as companies look to achieve the productivity and performance benefits that come from digital solutions.</p>
US imports rose in 2016 despite adversity
JOC Team |
<p>US containerized imports stayed on an upward trend in 2016 despite strong headwinds.</p>
Pat Moffett, Vice President, Global Logistics, VOXX International
JOC Team |
<p>BCOs should plan on working with the carriers to arrive at a balanced rate structure that we can all live with, so ocean shipping can remain intact.</p>
Joni Casey, President and CEO, Intermodal Association of North America
JOC Team |
Technology will continue to improve velocity and efficiency across the supply chain.
Kunio Mikuriya, Secretary General, World Customs Organization
JOC Team |
The focus for the year 2017 will be the promotion of data analysis as a sinew for customs modernization.
Michael J. Toohey, President and CEO, Waterways Council
JOC Team |
Ahead in the Trump administration and Congress, the Waterways Council will advocate for inclusion in a potential infrastructure stimulus bill that could be kicked off early.
Peter M. Robinson, President and CEO, US Council for International Business
JOC Team |
<p>Most companies and industry groups involved in international trade are understandably anxious about President-elect Donald Trump’s anti-trade rhetoric.</p>
Bill Conroy, Executive Director, Tyler Search
JOC Team |
<p>Buckle up, 2017 will be a very bumpy journey.</p>
Geoffrey C. Powell, President, National Customs Brokers and Forwarders Association of America
JOC Team |
<p>As the Trump administration takes shape, the potential impact of the negative trade rhetoric heard during the campaign on the US international trade community is a concern.</p>
Susan Kohn Ross, Regulatory Practice Chair; Cybersecurity & Privacy Practice Chair, Mitchell, Silberberg & Knupp
JOC Team |
<p>The primary question for international traders right now is what’s next?</p>
Frank J. Reynolds, President, International Projects
JOC Team |
<p>The International Chamber of Commerce is revising its Incoterms® rules.</p>
Penny Pritzker, Secretary, US Department of Commerce
JOC Team |
<p>Two major supply chain disruptions in the past four years have taught us some invaluable lessons.</p>
Robert J. Pisani, Partner, Pisani & Roll
JOC Team |
<p>Despite the apparent demise of the Trans-Pacific Partnership, I don’t think the Trump administration will abandon existing and future trade agreements. </p>
Maik Breckwoldt, Corporate Vice President, Logistics, Leggett & Platt
JOC Team |
<p>There is no doubt the shipping industry will continue to face challenges in 2017. The logistics world is ever changing. How we address and manage these changes are our biggest challenges.</p>
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