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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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Air Cargo
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Logistics
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Rail & Intermodal
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2024
2023
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2015
Michael Britton, Managing Director, Sealand
JOC Team |
Logistics solutions have been an area of underinvestment in many companies and countries — both infrastructure and digitization. As a result, we see struggles with unnecessary, often inherited complexity that bogs down global supply chains and erodes value, magnified in times of crisis.
Robert Sappio, CEO, SeaCube Container Leasing
JOC Team |
The long-awaited correction in US supply chain fluidity is finally beginning to emerge, and despite the declarations of politicians, port officials, and pundits, their intervention had absolutely nothing to do with improvements we will see in the coming months. Any correction can be attributed to lower demand and corresponding volumes.
Shaun Stevenson, President & CEO, Prince Rupert Port Authority
JOC Team |
As the industry works to improve the reliability of supply chains, there are tremendous strides being undertaken to safeguard against today’s volatility and build system resiliency for the future.
Matt Leech, CEO, Ports America
JOC Team |
Having a clear, unencumbered understanding of the needs of the individual cargo owners and a direct relationship with those critical stakeholders is the key to unlocking the potential of marine terminals in ways that will improve overall supply chain fluidity and help avoid many of the challenges we collectively faced over the past two years.
Paul Anderson, President & CEO, Port Tampa Bay
JOC Team |
While the container and breakbulk shipping sectors have experienced a roller-coaster ride over the past few years, ports that have seen strong market demand — and invested in capacity to stay ahead of the curve — have certainly enjoyed the ride.
Robin Silvester, CEO, Port of Vancouver
JOC Team |
The container growth story continues, perhaps slightly accelerated, and our challenge and opportunity today — as it was pre-pandemic — is creating the capacity needed to meet it and to provide a resilient supply chain.
Jeff Theobald, CEO, Port of Philadelphia
JOC Team |
Complacency and fear of change are the supply chain professionals’ worst enemies. There are different supply chain solutions that are more efficient — this could be switching from containers to breakbulk or using another container port that is not one of the large-volume movers.
Gene Seroka, Executive Director, Port of Los Angeles
JOC Team |
As the ups and downs of international trade become more dramatic, data analytics that allow us to see around corners are no longer just a competitive advantage, but a necessity.
Mario Cordero, Executive Director, Port of Long Beach
JOC Team |
The supply chain disruptions caused by COVID-19 highlighted the need for the entire supply chain to move to 24/7 operations to ease congestion by using what have been considered the off-hours.
Roger Guenther, Executive Director, Port of Houston
JOC Team |
The challenges presented by disruptions in the global supply chain have shined a spotlight on essential resilience and fluidity in the supply chain, and exposed deficiencies that we need to be better prepared for to deal with similar events in the future.
Capt. Allan Gray, President and CEO, Port of Halifax
JOC Team |
The container shipping industry can no longer operate as a collection of independent pieces, and ports must do more to integrate with their surrounding communities.
Jonathan T. Daniels, CEO and Director, Port Everglades
JOC Team |
One thing that has irrevocably changed for the better is the shared confidence we have as an industry that through technology, out-of-the-box thinking, and tenacity, we can keep commerce flowing during the toughest of times.
Capt. John Murray, Port Director and CEO, Port Canaveral
JOC Team |
The goal of assuredly moving product from factory to consumer in ways to improve delivery time and costs has driven a shift toward diversification of specialized containerized shipping methods to expedite the movement of goods from point of departure to point of use.
James C. McKenna, President and CEO, Pacific Maritime Association
JOC Team |
Synchronizing the supply chain through modernization is vital not just for economic efficiency, but also environmental stewardship.
Takashi Masuda, President, Ocean Network Express (ONE)
JOC Team |
In order to meet the challenges of catering to the continued growth, we need to get smarter and more efficient as an industry. When there are limited physical assets or space, the only way to achieve this is through collaboration amongst the stakeholders.
John Wolfe, CEO, Northwest Seaport Alliance
JOC Team |
The pandemic exposed the interconnections across the supply chain, which serves as both a vulnerability and strength of the system. Challenges surfacing at one point of the supply chain have quickly rippled across the system, yet this has led to an important recognition for the need of a national freight strategy.
John Nardi, President, New York Shipping Association
JOC Team |
The supply chain needs to adapt to the workforce because the workforce will have other options in other industries.
Brian Clark, Executive Director, North Carolina Ports
JOC Team |
In 2023, it will be imperative for ports to look beyond their fence line and partner with others on increasing efficiency beyond port gates and into the transportation network.
Marcus L. Arky, CEO, Metro Group Maritime
JOC Team |
Drafted and passed on a set of temporal facts, OSRA-22 codifies changes to the Shipping Act based on the most extraordinary circumstances. Our legislators unleashed the FMC to respond to the recent supply chain snarls and enacted a recipe for chaos.
Narin Phol, Regional Managing Director, Maersk North America
JOC Team |
The risk of supply chain disruption is a constant. Supply chains need to be resilient with multiple contingencies in place that are easily implemented with speed and accountability.
Omar Shamsie, President, Maersk Canada
JOC Team |
The risk of supply chain disruption is a constant. Supply chains need to be resilient with multiple contingencies in place that are easily implemented with speed and accountability.
Alison Leavitt, Managing Director, Wine and Spirits Shippers Association (WSSA)
JOC Team |
What a difference a year makes.
Dan Halstrom, President and CEO, US Meat Export Federation (USMEF)
JOC Team |
For US red meat exporters, securing ground and ocean transportation capacity continues to be challenging, although congestion at US ports has recently eased to some degree.
Eric Green, CEO, Jacksonville Port Authority (Jaxport)
JOC Team |
Supply chain disruption has changed our day-to-day lives. While it has undoubtedly created new complexities, problems — and yes, headaches — what hasn’t changed is the fundamentals of what we do.
Bruno Fusciani, Global Commercial Leader, Thermo King
JOC Team |
As a brand of Trane Technologies, Thermo King is uniquely positioned to lead a movement to tackle climate change, empower customers to decarbonize, and address issues such as food loss.
Poul Hestbaek, CEO, Hamburg Süd
JOC Team |
While the bottlenecks are easing, supply chain logistics are no longer perceived as a mere cost factor to be minimized, but as an important business enabler and potential source of competitive advantage when set up correctly.
Siva Narayanan, Director of International Operations and Warehousing, Solvay USA
JOC Team |
As we move into 2023, we are addressing high inflation rates, higher interest rates, the possibility of a recession, high energy costs, and geopolitical uncertainties.
Griff Lynch, Executive Director, Georgia Ports Authority
JOC Team |
The largest challenge facing the container shipping industry in 2022 is sufficient capacity to handle import cargo volumes, which are projected to remain elevated at least through the spring.
Gregory Boyle, Director of Global Sea Freight, Signify
JOC Team |
Now that the new normal is upon us and carriers have once again learned how to make a sales call, we start to wonder what it is we are going to buy from our ocean carriers in 2023.
James E. Devine Jr., President, Distribution-Publications, Inc. (DPI)
JOC Team |
The spectacular rise in freight rates for containerized cargo in US trade lanes during the supply chain crisis, combined with strong volumes, made the NVO business very attractive from mid-2020 through mid-2022.
Thomas Bagge, CEO, Digital Container Shipping Association (DCSA)
JOC Team |
Three key challenges face container shipping in 2023: resilience, sustainability, and moving the industry toward paperless trade.
Brian Dodge, President and CEO, Retail Industry Leaders Association (RILA)
JOC Team |
Can it still be called “disruption” if it’s a seemingly perpetual state?
Tobias Schultz, President - North America, deugro
JOC Team |
The last two-and-a-half years have put global supply chains to the test — from COVID-19 pandemic mandates, to geopolitical unrest, to the energy crisis, to a shortage of well-trained and experienced personnel. All these concurrent challenges have exposed sensitive vulnerabilities around the world that are also having a strong impact on global supply chains and need to be addressed.
Hayden Swofford, Executive Director, Pacific Northwest Asia Shippers Association
JOC Team |
It has been a couple of years since I last made comments for this edition, and my crystal ball never would have predicted the last couple of years of turmoil that has caused so much strain and distress for all shippers.
Tom Crowley, Chair and CEO, Crowley Maritime
JOC Team |
If we have learned anything over the last three years, it’s that what worked yesterday may not serve us tomorrow. Change is guaranteed.
Paul Nazzaro, Executive Vice President, Cosco Shipping Lines (North America)
JOC Team |
The container shipping industry has been in a perpetual state of enhancement since conception, but these innovations have historically been focused on specific aspects at selected times.
Matthew Shay, President and CEO, National Retail Federation (NRF)
JOC Team |
As we enter 2023, addressing supply chain challenges will remain a top priority for retailers, among other economic and political uncertainties worldwide.
Abir Thakurta, VP of Supply Chain, Havertys Furniture
JOC Team |
Retail and consumer goods has been a particularly volatile sector through the pandemic.
Ulrich Ulrichs, CEO, BBC Chartering
JOC Team |
The pandemic and subsequent events have led to greater awareness and understanding of global transport chains and that companies in this sector play a significant role in securing safety of supply for both the population and the industry.
James Hookham, Director, Global Shippers Forum
JOC Team |
In 2023, the shipping industry takes its first steps toward decarbonizing its existing fleet of ships through mandatory year-on-year improvements in their fuel efficiency.
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