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Major ocean carriers move into a brave new world of forwarding, offering D2D to the global supply chain
One can have misgivings at the latest trend by ocean carriers to diversify into freight forwarding, even assuming the role of integrator by providing full door-to-door (D2D) delivery.
Denmark's Maersk has said as much, most recently while expressing equanimity at the prospect of surrendering its top spot as the head of industry's league tables to its Swiss-Italian rival, the Mediterranean Shipping Co (MSC), having been the world's biggest carrier since the 1990s.
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Pros and cons of the Ocean Shipping Reform Act of 2021 from shippers' and ocean carriers' perspective
Of the conflicting assessments of the bi-partisan Ocean Shipping Reform Act of 2021 from the US National Retail Federation and the World Shipping Council, one is inclined to take carriers' WSC side rather than the NRF shippers' view.
Like so many attempts at reform, the object appeared to be not so much to fix a problem, but to find fault and expect those at fault to fix it, while harried by an intrusive regulatory bureaucracy, sticking carriers with new unfunded mandates.
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Given the costs from the Covid crisis, could not have state responses been less damaging to supply chains?
Time was when only the rich could buy imported goods. Today, the reverse is almost true. In achieving this, one could be forgiven thinking that the powers at be are now in an alliance with environmentalists to create a world in which products and services are only affordable to the affluent few.
London's Drewry Maritime Research now questions whether current container crisis means an end to low-freight cost assumptions. “Ocean carriers alone cannot remediate the current problems in the short term, and shippers will have to adapt their medium-term strategies,” say Drewry analysts, reports Mumbai's Indian Transport & Logistics News.
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Equity, diversity, inclusion come to tell the world of international shipping to hire from its official pity list
In arguing for diversity in shipping, as US Coast Guard-licensed master mariner David S Lewis certainly does in his essay in California's maritime portal gCaptain, one must concede from outset that nepotism has ruled the industry roost since the days of Noah's Ark.
Shipmanagers say a ship's crew should panic in the same language, which is why different nationalities crew together on different rather than in a manner that would more greatly please equity, diversity and inclusion officials.
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Mediterranean & Africa
Trade Specialists |
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