Episode Details
Back to EpisodesGuest: Zac Rogers of Colorado State on changes in the freight market; New plans to turn containers faster; Ocean freight continues to face rough seas
Description
Our guest in this week's episode is Zac Rogers, assistant professor of supply chain management at Colorado State University. We are hearing conflicting reports of what is going on in freight markets. Some carriers are struggling with high fuel costs and fewer shipments while others are enjoying record profits. Are we about to enter a collapse of freight markets as some analysts are predicting? Rogers shares his insights for the road ahead.
Empty containers continue to sit at docks and warehouses and that unused container inventory certainly is not helping companies ship their products, particularly those for export. New efforts are being made to turn containers faster by offering incentives to companies to return their containers in a timely manner. Will this new initiative help relieve backlogs?
Ocean carriers have had a banner year. They basically have chosen to cruise those lanes that have had the most profit. However, there are challenges ahead for the maritime industry. A new report shares the risks the market is facing.
DC Velocity's sister publication CSCMP's Supply Chain Quarterly offers a new podcast series called Supply Chain in the Fast Lane. Co-produced with the Council of Supply Chain Management Professionals, this series first focuses on an eight-part look at the State of Logistics. Go to your favorite podcast platform to subscribe.
Articles and resources mentioned in this episode:
- Colorado State University's supply chain management program
- CMA-CGM to pay bonus for quick return of containers
- Ocean shipping losses decline, but industry faces emerging risks
- Visit DCVelocity.com for the latest news.
- Visit Supply Chain Quarterly
- Listen to Supply Chain Quarterly's Top 10 Supply Chain Threats podcast
- Listen to CSCMP and Supply Chain Quarterly's Supply Chain in the Fast Lane podcast
- Send feedback about this podcast to podcast@dcvelocity.com.
Podcast sponsored by: Yale
Other links