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Trans-Pacific Container Shipping: Bracing for a Transformational Year

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Start Date:3/23/2017

Start Time:1:00 PM CT / 2:00 PM ET

Duration:75 minutes

Abstract:

Even before last October’s announcement that the three Japanese shipping companies would merge their container operations, and the December announcement that Maersk would acquire Hamburg Sud, 2016 was already the most transformational year in the 60 years of container shipping. COSCO and China Shipping merged. CMA CGM acquired APL, Hapag-Lloyd agreed to acquire UASC and Hanjin collapsed. That led to a massive restructuring of global vessel-sharing alliances that will take effect in just weeks. Meanwhile, with ocean carriers still struggling with overcapacity that most analysts say will remain at least for the next two years, if not longer, shippers are facing a new environment with many unknowns. Trans-Pacific spot rates following the Aug. 31 Hanjin collapse were over $1,800 per 40-foot container, more than two-and-a-half times the level in June when they were below $700, and they’ve held fairly firm as carriers increase scrapping levels and idle ships. Throw in the new Trump administration and its protectionist rhetoric that appears to be turning into policy, and the trans-Pacific is in the midst of a sea change. Given all these moving parts, what is the pricing and demand outlook for 2017? How will the new alliance rollouts impact service? And how will the new administration’s policies impact US importers and exporters? This webcast, to be held in the wake of the 17th Annual TPM Conference, will examine these questions and more.

 

 

 

Moderator: Chris Brooks, Executive Editor, The Journal of Commerce

 

 

 

Speakers:

 

Chas Deller, Principal, 10XSolutions

Jonathan Gold, VP of Supply Chain and Customs Policy, National Retail Federation

 

Speakers

Chris Brooks

MODERATOR
EXECUTIVE EDITOR
THE JOURNAL OF COMMERCE AND JOC EVENTS
MARITIME & TRADE
IHS MARKIT

 

Chris Brooks oversees editorial content in The Journal of Commerce, JOC Events programs and works closely with the online team focusing on JOC.com. A 30-year company veteran, Chris's career has spanned every aspect of the editorial operation, from copy and front-line editing to design, reporting and overseeing numerous websites. For the better part of the last decade, he has managed the day-to-day editorial operation, including its team of award-winning journalists. He also oversees the magazine's 10-plus special reports a year, including the Annual Review and Outlook and Top 100 Importers and Exporters issues. Chris chairs the programming committees for JOC Inland Distribution and Port Performance-North America conferences and oversees the JOC's editorially driven series of webinars. He holds a bachelor's degree in journalism from Lock Haven University in Lock Haven, Pa.

Chas Deller

Chairman and CEO, Principal, 10XOCEANSOLUTIONS

Since the 1970′ies, Chas has delivered value to large-scale, international customers. A born and bred Londoner, he pioneered the global sea freight division for UTi (global freight forwarder) on 4 continents. During his 39 years of service, Chas has customized ocean freight designs in the UK, South Africa, Asia Pacific and North America, gaining expertise in global sea freight processes, while developing strategic carrier and customer relationships.

Jonathan Gold

VP of Supply Chain and Customs Policy, National Retail Foundation

Jonathan Gold serves as vice president, supply chain and customs policy, for the National Retail Federation. Gold joined NRF in October 2007 and is responsible for representing NRF before Congress and the administration on supply chain and customs issues impacting the retail industry. He currently serves on the Department of Commerce Advisory Committee on Supply Chain Competitiveness and the Department of Transportation Port Performance Metrics Working Group. Prior to joining NRF, Gold served as a policy analyst in the Office of Policy and Planning for U.S. Customs and Border Protection and was responsible for giving policy guidance on issues surrounding maritime cargo security and trade related matters. Before joining CBP, he was vice president, global supply chain policy, for the Retail Industry Leaders Association.

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