Hanjin Collapse Points to State of Shipping Industry

NO RATINGS
View comments: newest first | oldest first | threaded
Sinkingfeeling
User Rank
Stock Keeper
State of Shipping Industry
Sinkingfeeling   11/29/2016 6:34:51 PM
NO RATINGS

The remedy for the industry is multi - fold 1. Supply needs to catch up with demand. There is no easy solution. The Global economy is not in good shape. The Chinese have not fully succeeded in growing their domestic economy and the rest of the world is not consuming at levels necessary to absorb the current vessel capacity 2. While the Global economic situation is percolating along, the carriers need to show some discipline in the pricing behavior Consolidation and further service reductions might help but as the new builds hit the water carriers will be pressed to fill space so this item is less likely than a Global economic resurgence



More Blogs from Frank Cavallaro
Warehouse rents are reaching record heights as inventory is building up across the country. Organizations with a flexible supply chain network are better positioned to combat the issue.
Concerns over manufacturing layoffs cannot be solved by waving tariff wand
The evolution of driverless robotic vehicles continues unabated, but what will it take for them to overtake certain warehouse tasks?
In the race to get consumers their orders at ever-increasing pace, shippers and retailers try to mitigate the financial impact.

Datasheets.com Parts Search

185 million searchable parts
(please enter a part number or hit search to begin)
Twitter Feed
EBN Online Twitter Feed
EBN Dialogue / LIVE CHAT
EBN Dialogue enables you to participate in live chats with notable leaders and luminaries. Open to the entire EBN community of electronics supply chain experts, these conversations see ideas shared, comments made, and questions asked and answered in real time. Listed below are upcoming and archived chats. Stay tuned and join in!
Archived Dialogues
Live Chat 01/15: CPOs Re-Shape Their Business Roles
Increasingly chief procurement officers (CPOs) are re-shaping their organizational role to focus on creating results far beyond cost controls. A new IBM survey explores how.
Live Chat 11/12: Examining the Cyberthreat to Supply Chains
The number of cyberattacks is on the rise and hackers are targeting the supply chain. Drew Smith, founder and CEO of InfoArmor, will be on hand to discuss the reality of today's threat landscape and what to do about it.