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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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JOC Team |
For most container carriers, 2010 has got to be a turnaround year because they cannot survive another four quarters of losses. The rebounding U.S.
Port of Houston
JOC Team |
“Hunker down” was a catch phrase of sorts around these parts in 2008, as Houstonians spent the second week of September bracing for the worst hurricane to hit the area in decades.
Maersk Line, North America
JOC Team |
This past year was the most challenging year our industry has faced in decades. A number of lessons were learned during this period that will impact the course of 2010 for all involved.
Port of Long Beach
JOC Team |
While the maritime industry remains optimistic about long-term economic recovery, 2010 will be another challenging year for ports worldwide as we work our way through this recession.<br />
Port of Los Angeles
JOC Team |
2009’s economic crisis brought ports together in unprecedented fashion. Through that collaboration, we successfully lobbied Congress for relief and help.
Pacific Maritime Association
JOC Team |
It’s no secret that 2009 was a difficult year for the maritime industry, and 2010 looks to be just as challenging.
Horton Global Strategies
JOC Team |
2010 will be another volatile year for ocean freight rates. In my 25-plus years in this business, I have never seen such constant adjustments of rates. This is mainly because the global supp
Bridge Terminal Transport
JOC Team |
The companies that successfully confronted the challenges of 2009 and made it into 2010 are leaner and more efficient than ever. <br />
Agriculture Transportation Coalition
JOC Team |
The low and declining dollar and Asia’s economic recovery is fueling huge export volumes. Foreign-sourced agricultural products are becoming less competitive, both in the U.S. and in U.S.
National Cargo Bureau
JOC Team |
In responding to this annual column, I believe it is most important to also view our industry and marketplace through the eyes of the seafarer.
Teamsters
JOC Team |
2010 will see valiant efforts to create a sustainable economy fueled by clean energy and full employment. There will be successes and failures.<br /> <br />
Hyundai Merchant Marine America
JOC Team |
2009 proved to be the most challenging year in the history of many carriers. The global recession devastated the bottom line of every vessel operator and sent us all deeply into red ink.
Georgia Ports Authority
JOC Team |
After a deep recession for much of 2009, emerging data indicates economic growth is showing respectable signs of life in several key markets.
APL
JOC Team |
There’s general consensus among experts that the recession is on the wane. Over the next few years, GDP and global trade should begin to recover.<br /> <br />
Helen Delich Bentley and Associates
JOC Team |
Smiles may be seen more often these days on the faces of persons in the shipping industry amid predictions that by the fourth quarter of 2010, there will be a definite upsurge in business.<br />
Orion Marine/ConFlo Lines
JOC Team |
Banks and other financial institutions have realized the shipping business is a rather risky undertaking, and, along with many private and institutional investors, have suffered severely during the ec
Pacific Merchant Shipping Association
JOC Team |
California ports face many competitive challenges in 2010, but, quite frankly, many challenges are of the ports’ own creation.
New York Shipping Association
JOC Team |
I’ve heard it said often during my 39-year career on the waterfront that “volume covers many sins.” This was particularly true in the operations where I spent a great deal of my time
OOCL (USA)
JOC Team |
The financial crash and the subsequent credit shrink caused a drastic reduction in global trade, against a large capacity increase from previous years’ aggressive new building, leading to an unp
North Atlantic Alliance Association
JOC Team |
Expect to see a resurgence of the importance conferences play in our industry in 2010.
Maryland Port Administration
JOC Team |
I believe 2010 will see a continued, but measured economic upswing. It will likely take several years for many ports to reach cargo levels from earlier this decade.
Montreal Port Authority
JOC Team |
Although signs of economic improvement are rising, 2010 will be a major challenge. On the one hand, ports must ensure they are ready for the full recovery.
Maritime Exchange for the Delaware River and Bay
JOC Team |
This time last year, I wrote that members of the maritime industry would be required to perform feats of tremendous mental calisthenics to face the challenges brought about by the economic meltd
Matson Navigation
JOC Team |
For those in the industry who have a Pacific orientation in their business model, maintaining a strong and vital West Coast port infrastructure is a high priority.
Höegh Autoliners
JOC Team |
We have just seen how much the world can change in 12 months! The U.S. government is now a major owner in several international finance institutions and in the worlds second-largest automaker.
Paul F. Richardson Associates
JOC Team |
A year ago, it was easy to predict that 2009 would be a devastating year with the tremendous global financial downturn affecting every segment of our industry with particularly harmful consequences fo
Philadelphia Regional Port Authority
JOC Team |
As ports address challenges, one particular initiative becomes more important, more central to our operations, every day.
Norton Lilly International
JOC Team |
We have certainly seen our fair share of changes in 2009, largely tied to the economic downturn. Most of these changes were related to cost-control measures at all levels of the supply chain.
Port of New Orleans
JOC Team |
Time and money: It’s what the shipping game is all about. But the tradeoffs we make between time and money reveal a lot about where the supply chain is and where it might be going.<br />
Piers Global Intelligence Solutions
JOC Team |
With a muted economic recovery expected next year, including a revival in trade that will only begin to make up this year’s losses, many companies have already begun the “reset” proc
Port Metro Vancouver
JOC Team |
At this time last year, we found ourselves more than 12 months into a global economic downturn, operating in a fragile business climate and questioning past best practices.
Panama Canal Authority
JOC Team |
Everything seems to indicate the worst of the world economic crisis is over.
CMA CGM (America)
JOC Team |
There are several reasons to be positive about the future of our industry.
Bryant’s Maritime Consulting
JOC Team |
The two most important challenges facing the maritime industry this year are adjusting to the stagnant economy and adapting to the changes resulting from the failures of competitors.
APM Terminals Americas
JOC Team |
The current state of the economy and the slow climb out of the global recession are the overriding factors affecting terminal operators.
Cooper/T. Smith
JOC Team |
I believe we would be best suited viewing what 2010 holds for our industry and what we need to see happen to improve the state of our industry, rather than project potential changes.<br />
China Shipping North America
JOC Team |
With trade significantly lower over the past year and recovery prospects limited, all types of businesses had to adjust to this correction.
Canaveral Port Authority
JOC Team |
There is a light at the end of the long tunnel that has engulfed our economy. Let’s hope it’s the light of recovery.<br /> <br />
Columbia Coastal Transport
JOC Team |
Despite the economic downturn and its dire consequences for all segments of our industry, things are lining up perfectly for waterborne container barge services linking U.S. ports. Why?
10 Strategies to Reduce Supply Chain Costs with LTL
JOC Team |
In the quest to squeeze costs out of every node in the supply chain, shippers tend to look for the lowest possible less-than-truckload rates.
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