Commentary

Commentary

When was the last time your internal controls were tested and upgraded? It's the new year - now is the time to start!
From a risk standpoint, a faster liquidation timeline can be very important to both the importer and the surety.
Throwing more money at infrastructure, additional assets, and increasing freight rates won’t solve one of the industry’s biggest cost factors - the management of empty containers. There’s a better way.
The electronic logging device means big data analysis is possible across the trucking/logistics sphere — and that opens up a world of opportunities for improved efficiency, fleet optimization, and more.
Opening up the possibility of a break in free trade among the United States, Mexico, and Canada would be costly on many levels.
We’re doing with blockchain, albeit in a slightly different way, what Tesla did with its patents.
The language of the regulations was sufficiently broad to initially conclude that even if a company had no presence or operation in Europe, it would be required to comply.
The owners' containerized personal effects are kept from them because of NVO nonpayment after the company contracted to ship the items declares bankruptcy.
Today’s truck driver shortage is one that can’t be overcome through technological innovation alone. What’s needed is the right intelligent technology that maps leading-edge optimization with networks powered by driver-focused systems to ultimately improve the logistics supply crunch.
Logistics shouldn’t be a zero-sum game. That’s why we need transparency, but that’s going to require the industry to embrace all tools, starting with a new generation of smart sensors and tracking equipment, and putting them to work on a blockchain.
From the vantage point of early December 2018, the current year will be a mixed bag of near disaster, continuing frustrations, and some glimmer of hope; it all depends on your position and perspective.
Technology — and the disruption and efficiencies it creates — is affecting almost every segment of international shipping. Except, it seems, for the container. That should change.
The continued diminution of the US-flag fleet represents, arguably, the single greatest threat to US national and economic security.
Ports are in the unique position to facilitate transformational change for the global supply chain. If we responsibly harness the new technologies available, these advanced solutions can position ports as trusted partners in digital infrastructure — just as we are in physical infrastructure.