Insights - January/February 2018 - 16

Photo courtesy of Georgia Ports Authority

Ocean Carriers Focus on
Continued Adjustment to Global
Freight Network

O

cean carriers that drive North American international intermodal freight activity enter 2018
with an intense focus on industry realignment, economics and changing cargo patterns in
the midst of a modestly improving global economy.
Those broad conclusions emerged from interviews with
top executives of ocean carriers and comments from industry
experts in recent weeks.
"A healthy shipping industry is vital for the world economy,"
said Rolf Nielsen, senior vice president and head of North American operations at Denmark-based Maersk Line.
"When the world's seventh largest shipping line [Hanjin]
went bankrupt, we saw the effect that $14 billion worth of cargo
stranded at sea had on our customers' supply chains," the Maersk
official said.
Richard Craig, CEO of Japan-based Mitsui O.S.K. Lines
(America) Inc., also told Insights that capacity and economics
continue to be the most prominent issues for the industry, "driven
more by market share than bottom-line focus."
"There are too many non-economic drivers of behavior in
16 Intermodal Insights | January/February 2018

our industry," he said, citing political pressures, national interests
and the need to keep shipyards and steel mills working in some
countries.

Focus on Labor Negotiations
Craig and James Michalski, vice president of inland operations in North America for CMA CGM headquartered in France,
told Insights they are closely watching contract negotiations
between management and the International Longshoremen's
Association in light of the potentially wide-ranging impact. The
union contract with the United States Maritime Alliance covering
East and Gulf Coast ports expires on Sept. 30, 2018.
North American intermodal's role also is drawing attention
due to ocean carrier economics and trucking-related considerations.



Table of Contents for the Digital Edition of Insights - January/February 2018

IANA News
Service, Capacity, Innovation Focus Will Help to Sustain Intermodal Progress
Intermodal Moves Toward ‘Digitization’ of Data
Ocean Carriers Focus on Continued Adjustment to Global Freight Network
Freight Report
Voice of the Shipper
Intermodal Industry Participants Stand to Gain from Tax Bill
Early Days of ELD Mandate Seem to Indicate Adjustment Period
Government News
New Members
International Intermodal News
People News
Intermodal Calendar
Insights - January/February 2018 - Cover1
Insights - January/February 2018 - 2
Insights - January/February 2018 - 3
Insights - January/February 2018 - IANA News
Insights - January/February 2018 - 5
Insights - January/February 2018 - 6
Insights - January/February 2018 - 7
Insights - January/February 2018 - Service, Capacity, Innovation Focus Will Help to Sustain Intermodal Progress
Insights - January/February 2018 - 9
Insights - January/February 2018 - 10
Insights - January/February 2018 - 11
Insights - January/February 2018 - 12
Insights - January/February 2018 - Intermodal Moves Toward ‘Digitization’ of Data
Insights - January/February 2018 - 14
Insights - January/February 2018 - 15
Insights - January/February 2018 - Ocean Carriers Focus on Continued Adjustment to Global Freight Network
Insights - January/February 2018 - 17
Insights - January/February 2018 - 18
Insights - January/February 2018 - Freight Report
Insights - January/February 2018 - 20
Insights - January/February 2018 - Voice of the Shipper
Insights - January/February 2018 - Intermodal Industry Participants Stand to Gain from Tax Bill
Insights - January/February 2018 - 23
Insights - January/February 2018 - Early Days of ELD Mandate Seem to Indicate Adjustment Period
Insights - January/February 2018 - 25
Insights - January/February 2018 - 26
Insights - January/February 2018 - Government News
Insights - January/February 2018 - New Members
Insights - January/February 2018 - International Intermodal News
Insights - January/February 2018 - 30
Insights - January/February 2018 - 31
Insights - January/February 2018 - Intermodal Calendar
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