Webcasts

The containerized refrigerated shipping market in 2024 has been a tale of the haves and have-nots. In the US, refrigerated imports were up 7% in the first eight months of the year, led by fruits and vegetables, particularly from the Southern hemisphere. Exports, however, extended their 2023 decline into this year, falling 4%, with proteins such as meat, poultry, and pork falling 5%. Overall, US refrigerated imports are twice that of exports, a gap only expected to widen going forward, according to Eskesen Advisory. Globally, perishables have spurred a slight recovery in reefer volumes following a slowdown in 2023 brought about by demand-stifling inflation in multiple economies, as well as supply chain disruptions brought about by a months-long drought in the Panama Canal and shipping diversions away from the Suez Canal related to Red Sea Houthi attacks on ships. As a result, 2024 is shaping up as a year of slow to moderate growth in reefer volumes, driven by growth in global population, and growth in demand in the US and Asia. The longer-term future is bright, with market research firm Future Market Insights forecasting the global containerized reefer market to grow at a compound annual growth rate of 3.9% through 2034, to $10.5 billion.

This webcast will analyze the state of the refrigerated shipping market as of fall 2024 and cast an eye toward 2025. Specific areas of discussion will include the outlook for perishables, proteins, and frozen goods; the impact of supply chain disruption; and the state of investment in equipment and cold storage.

Moderator:

Laura Robb, Associate Editor-Americas Container Markets, Journal of Commerce by S&P Global

Speaker(s):

William Duggan, North American Cold Chain Advisor, Eskesen Advisory

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Partner:

When 2024 dawned, many industry analysts and stakeholders expected the market to follow a familiar track: new, additional capacity would outpace modest inventory restocking in North America and Europe. It hardly played out that way. Instead, diversions prompted by Houthi rebel attacks in the Red Sea led to longer sailings, dramatically altering the ship capacity equation. Tariffs and longshore labor threats -- ultimately leading to a three-day strike at East and Gulf coast ports that could recur in January -- along with inventory concerns increased demand for services from Asia to North America and Europe earlier than expected. It all added up to a rapid turn of the market that the industry seldom sees. Is it a sign of a newfound commitment by carriers to control capacity more effectively. How it plays out is something shippers will need to watch closely, as is the degree to which the reforming of two new alliance networks increases competition.

This webcast, a preview of sorts for the types of discussions that will occur at TPM25 in March, will analyze the container shipping landscape as of December and the myriad issues and events that will determine where the market goes in the coming year and beyond.

Moderator:

Mark Szakonyi, Executive Editor, Journal of Commerce by S&P Global

Speaker(s):

Lars Jensen, CEO and Partner, Vespucci Maritime

John McCauley, Former Vice President-Transportation & Logistics, Cargill

*Check back soon for more information! Interested in sponsoring this webcast? For more information, please visit https://subscribe.joc.com/mediasolutions/

Moderator:

Bill Mongelluzzo, Senior Editor-West Coast, Journal of Commerce by S&P Global

Speaker(s):

TBC

*Check back soon for more information! Interested in sponsoring this webcast? For more information, please visit https://subscribe.joc.com/mediasolutions/

Partner

Your business depends on freight, getting where it needs to be when it needs to be there. Reliable, safe, and consistent delivery of your goods can quickly become a logistical headache when managing a fleet and coordinating drivers. For many companies, a dedicated freight partner can solve complex logistics challenges and create a strategy built for long-term success.

Join us for a partnership webinar with leaders from Werner® to discuss the state of dedicated freight and key points for shippers to consider in preparing for transportation needs in 2025 and beyond. Led by Journal of Commerce Senior Associate Editor Ariane Herrera, the session will explore the industry trends driving increased adoption of dedicated freight solutions and offer a live audience Q&A to examine pressing concerns.

Key takeaways will include:

• Best practices for companies to set up their freight for success.

• Examples of dedicated solution use to streamline operations, enhance reliability, and reduce costs.

• Key considerations to remember when selecting a dedicated provider to ensure maximum efficiency, cost-effectiveness, and sustainability.

Moderator:

Ariane Herrera, Senior Associate Editor, Special Projects, Journal of Commerce by S&P Global

Speakers:

Eric Downing, Executive Vice President & Chief Operating Officer, Werner®

Jim Waszak, Senior Vice President, Dedicated Services, Werner Enterprises