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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
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Maritime Exchange for the Delaware River and Bay
JOC Team |
There’s little doubt that 2009 will require each of us to perform feats of tremendous mental calisthenics to face the challenges brought about by the events of the last year.
Marsh Inc.
JOC Team |
<br /> <br /> <br />
Maryland Port Administration
JOC Team |
The world economy will continue to have an affect on how all of us conduct our business in 2009. Some commodities that were strong in early 2008 are showing signs of cooling off. <br /> <br />
Massachusetts Port Authority
JOC Team |
The global economic crisis has had a staggering impact on the bottom line of service providers in the transportation industry.
Matson Navigation Co.
JOC Team |
While the 2009 outlook for the transportation industry is one of the bleakest in decades, it is important that the current economic climate does not result in diminishing the long-term priority of inv
Mediterranean Shipping Co. (USA) Inc.
JOC Team |
An incredible year has come to an end, a year that brought soaring freight rates and, at the same time, the start of an unprecedented global recession.
Menlo Worldwide Logistics
JOC Team |
Oil price shocks and the global economic downturn are creating a dynamic supply-chain environment for shippers and logistics service providers. <br /> <br />
Mississippi State Port Authority at Gulfport
JOC Team |
Since 2001, everyone with a connection to waterborne commerce has made continuous observations regarding the importance of port security and the trials associated with keeping our nation safe from thr
MIT Center for Transportation and Logistics
JOC Team |
The lesson of recent years is that fixation with current trends is dangerous, unless one assumes that the trend is for continued volatility.
MOL (America) Inc.
JOC Team |
Given current global economic conditions, we do not expect much growth in container movement early in the new year, but we are cautiously optimistic about the second half of 2009.<br /> <br />
Montreal Port Authority
JOC Team |
The financial crisis will undoubtedly have a significant impact in 2009. We should see a slowdown in the rapid pace of growth our industry has witnessed over the past years.
National Cargo Bureau Inc.
JOC Team |
This past summer, a veteran captain of a large container ship told me that the future was not looking good. I was a bit surprised and asked my old friend why.
National Customs Brokers and Forwarders Association of America
JOC Team |
Concern for the homeland will be an evolving focus throughout 2009, and it will impact international trade in a variety of ways as it at times butts heads with the economic downturn. <br /> <br />
National Defense Transportation Association
JOC Team |
The crystal ball for 2009 is murky. It will be a difficult, unpredictable year. The financial crisis of 2008 was not expected. Full recovery is in the distant future.<br /> <br />
National Foreign Trade Council
JOC Team |
Financial collapse has significantly changed the globalization equation.
National Industrial Transportation League
JOC Team |
In 2008, we learned — again — that the business school textbooks were right: the macro-economy does indeed move up and down in cycles.
National Retail Systems Inc.
JOC Team |
In late 2008, the retail industry witnessed one of the worst contractions in consumer spending it has ever seen. The holiday shipping season came and went with barely a whisper.
NOL Group
JOC Team |
The last thing any of us in this industry needs right now is another forecast of 2009 conditions.
New Orleans, Port of
JOC Team |
Overall, we foresee cargo volume being down because of the weak economy, and the credit crunch, in particular.
New York Shipping Association Inc.
JOC Team |
2009 may be the most economically challenging year in a long time.
New York/New Jersey Foreign Freight Forwarders and Brokers Association
JOC Team |
As we look to 2009, we see a number of changes that will impact brokers and forwarders.
Nippon Cargo Airlines
JOC Team |
While the cargo industry has seen economic slowdowns in the past, what we experienced in the latter half of 2008 was unprecedented.<br /> <br />
Norbridge Inc.
JOC Team |
CHANGE! This has been the mantra of the interminable political campaigns of the past 24 months.
Nordana (USA) Inc.
JOC Team |
If we had made these comments three or four months earlier, it would no doubt have had a more positive and confident undertone than what most of participants face today.<br /> <br />
Norfolk Southern Corp.
JOC Team |
One of the most important changes the rail industry faces in 2009 is an increasingly troubled economy.
North Atlantic Alliance Association Inc.
JOC Team |
Going into 2009, the only thing that is certain is there will be more uncertainty, especially within international commerce.
Norton Lilly International
JOC Team |
More than at any other time in the past, the word “change” is involved in many and all aspects of our lives.
NYK Logistics (Americas) Inc.
JOC Team |
We have found that most companies are still looking for a 3PL partner where they can shift internal fixed costs to the variable cost structure by outsourcing logistical operations.<br /> <br />
OOCL
JOC Team |
The shipping industry in general and container liner business in particular are well known for cyclical boom and bust. There is neither a lack of healthy challenges nor exciting opportunities.
Orion Marine Corp., ConFlo Lines
JOC Team |
The good news: vessel space is opening up again. The bad news: volume of global trade is contracting.<br /> <br />
Pacific Coast Council of Customs Brokers & Freight Forwarders Associations Inc.
JOC Team |
Two issues linked to our current global economic crisis are at the top of my list of challenges we face as we enter 2009: the emerging regulatory stranglehold on trade and commerce that could further
Pacific Maritime Association
JOC Team |
For the West Coast waterfront, the defining issues for 2009 will be the manner in which the industry copes with reduced volumes and the corresponding increase in competition for discretionary cargo.
Palm Beach, Port of
JOC Team |
The concept of a Florida Intermodal Logistics Complex, commonly known as an inland port, is making headway as its regional benefit to the shipping industry of South Florida is realized.<br />
Panama Canal Authority
JOC Team |
The current economic situation has underscored the reality that international trade cannot be decoupled from the global financial crisis affecting the U.S. and the rest of the world. <br /> <br />
Paul F. Richardson Associates Inc.
JOC Team |
As we advance into 2009, it is apparent that we face the most serious financial challenges in recent decades.
Philadelphia Regional Port Authority
JOC Team |
As a new administration assumes power in Washington, many activities and initiatives will be undertaken to address our nation’s financial crisis and, just as importantly, the global economic dow
PIERS Global Intelligence Solutions
JOC Team |
“Have it your way,” the advertising copy line of a hamburger chain some years ago promised consumers service that was lightning fast and highly customized (at least as far as choice of con
Pisani & Roll PLLC
JOC Team |
The state of the global economy is dramatically changing the landscape for international trade.
Polzug Intermodal GmbH
JOC Team |
The European transport market is under pressure because of sharply falling demand.
Port Authority of New York and New Jersey
JOC Team |
<em>“The Pharaoh dreamed of seven fat and beautiful cows and seven lean and ugly cows, and lo, the seven ugly cows ate the seven beautiful cows.”</em><br /> <br />
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