AJOT Insights features expert analysis and opinion on transportation, logistics, maritime, ports, air cargo, trucking, rail, intermodal and international trade.
Eugene Seroka, executive director, the Port of Los Angeles commemorated March as Women’s History Month and honored “the incredible women here at the Port of Los Angeles who are making history every day.”
McKenney highlighted the “partnership with the City of Shafter and the Wonderful Company (a major agricultural producer) to do joint marketing. We're looking at ways to move their cargo up through Oakland more efficiently. And we've had great conversations with them, in fact, here at TPM this week.”
The oil and gas sector in Southeast Asia is undergoing significant transformations, shaped by evolving market dynamics, the energy transition, and geopolitical developments. After years of setbacks due to the departure of major international oil companies, the upstream industry in Southeast Asia is seeing a resurgence.
The United States is planning to charge fees on any ship that is part of a fleet that includes Chinese-built or Chinese-flagged vessels arriving at US ports as part of an executive order that the Trump Administration is drafting to rebuild US shipbuilding, according to news reports.
Uncertainty is arguably at an all-time high in ocean shipping with market visibility nigh on impossible. Questions abound but answers are in extremely short supply.
Port of Los Angeles Police Chief Tom Gazsi hailed the Port’s Cyber Resilience Center: “The Port established the Cyber Resilience Center hub here in the Port of Los Angeles which is a service provided to our tenants, customers, terminal operators, steamship lines, rail and trucking operators…”
Report from TPM. The Trump administration’s moves to withdraw support from Ukraine in its war with Russia and not support Taiwan which is facing growing threats from China undermines U.S. national security as nations around the world see the United States as weak and unwilling to support its traditional allies, according to John Bolton, Donald Trump’s former national security advisor.
The decision by the Trump administration to impose tariffs is creating uncertainty within the supply chain, increasing the price of imported goods that could worsen inflation and discouraging US consumers from buying, says Lars Jensen, CEO at Vespucci Maritime based in Copenhagen.
Kristi McKenney, incoming Executive Director of the Port of Oakland, says she will enhance partnerships to help the Port of Oakland grow: “I want to say to all of you (that) the only way we go is in partnership. That is a partnership with everyone in this room. And those who could not be here with us today. It's the businesses that generate that revenue and generate those careers. It is the businesses we … work with every day.”
While the sector remains heavily fragmented and the biggest market share for any single company is estimated as being no more than 10%, what is the outlook for small and medium-sized (SME) forwarders when scale is the prevailing mantra?