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Executive Editor : Mark Szakonyi 202.872.1234 , mark . szakonyi @ spglobal . com
Managing Editor : Benjamin Meyer 916.716.6272 , benjamin . meyer @ spglobal . com
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Global Shipping Report : Analyzing the 2025 Outlook
December 05 , 2024 , 12:00 PM EST
When 2024 dawned , many industry analysts and stakeholders expected the market to follow a familiar track : new , additional capacity would outpace modest inventory restocking in North America and Europe . It hardly played out that way . Instead , diversions prompted by Houthi rebel attacks in the Red Sea led to longer sailings , dramatically altering the ship capacity equation . Tariffs and longshore labor threats — ultimately leading to a three-day strike at East and Gulf coast ports that could recur in January — along with inventory concerns increased demand for services from Asia to North America and Europe earlier than expected . It all added up to a rapid turn of the market that the industry seldom sees . Is it a sign of a newfound commitment by carriers to control capacity more effectively ? How it plays out is something shippers will need to watch closely , as is the degree to which the reforming of two new alliance networks increases competition . https :// bit . ly / 3YBAYdY
FEATURED CONTENT
Fourth Quarter Trucking Report : Analyzing the Peak Season
On demand , Free
After a two-year-plus freight downturn , trucking companies along and their customers are looking forward to heightened demand . The US Federal Reserve ’ s interest rate cuts in September likely set the stage for not only improvements in manufacturing and housing demand that will generate freight , but also lower capital costs for companies looking to expand by acquisition . Even before September ’ s half-point rate cut , freight volumes were beginning to increase , as consumer spending rallied over the summer and more goods hit the road earlier than expected . All this has shippers bracing for truckload rate increases , perhaps in the fourth quarter but certainly down the road in 2025 . Will demand push rates up sharply during the next round of contract talks ? Or will the availability of capacity blunt rate hikes and pave a more moderate path toward growth in transportation pricing in 2025 ? https :// bit . ly / 4hdGPi2
RESOURCES
Top 100 Importers and Exporters https :// bit . ly / 3Vbpn4M
Managing Editor : Kevin Saville , 212.488.4282 , kevin . saville @ spglobal . com
Senior Editors : William B . Cassidy Trucking and Domestic Transportation 202.872.1228 , bill . cassidy @ spglobal . com
Bill Mongelluzzo , West Coast 562.428.5999 , bill . mongelluzzo @ spglobal . com
Eric Johnson , Technology 213.444.9326 , eric . johnson @ spglobal . com
Janet Nodar , Breakbulk and Heavy Lift 251.408.2090 , janet . nodar @ spglobal . com
Greg Knowler , Europe + 44.797.679.8770 , greg . knowler @ spglobal . com
Ari Ashe , Southeast Ports , Intermodal Rail 202.548.7895 , ari . ashe @ spglobal . com
Michael Angell , Northeast ports , 646.505.4712 , michael . angell @ spglobal . com
Laura Robb , Associate Editor 281.216.0456 , laura . robb @ spglobal . com
Carly Fields , Associate Editor , + 44 ( 0 ) 7966 210030 , carly . fields @ spglobal . com
Senior Research Analyst , Project and Breakbulk Cargo : Susan Oatway , FICS , + 44.7930.411659 susan . oatway @ spglobal . com
Senior Contributor : Cathy Morrow Roberson , 732.730.2533 , cathy . morrowroberso @ spglobal . com
Data Hub Manager : Marcin Lejk , + 44.58.741.6270 , marcin . lejk @ spglobal . com
Shipper Engagement Manager , Breakbulk : Diana Hamm , 832.499.7368 , diana . hamm @ spglobal . com
Senior Editor , Special Projects : Alessandra Gregory Barrett , 860.248.5238 , alessandra . barrett @ spglobal . com
Senior Associate Editor , Special Projects : Ariane Herrera , 215.789.7478 , ariane . Herrera @ spglobal . com
Special Projects Coordinator : Amanda Hunter , 212.205.1226 , amanda . hunter @ spglobal . com
Senior Designer : Sue Abt , sue . abt @ spglobal . com
Designer : Hannah Kidd , + 44 203 253 2134 , hannah . kidd @ spglobal . com
Vitpho / Shutterstock . com
Automation key to improving broker efficiency metrics : experts
Freight brokers are harnessing automation to increase the number of loads each employee books with truckload carriers daily , efficiency gains that translate into easier access to capacity for shippers . https :// bit . ly / 3Av7ExE
Trygve Finkelsen / Shutterstock . com
Value of Schenker takeover will manifest in expanding services : DSV CEO
The scale generated by a combined DB Schenker- DSV will be accompanied by an expanding portfolio of services from which the company can generate greater earnings , according to DSV CEO Jens Lund . https :// bit . ly / 3YVL1M4
Sales : Cindy Cronin , Director APAC sales , 954.260.6061
Jean Gibbons , Senior Sales Executive West Coast , FL , GA sales , 706.469.7160
Kimberly Davis Guerra , Senior Sales Executive Midwest , Gulf , Latin America sales , 832.370.6350
John Knowles , Sales Manager EMEA , AU sales , + 44.777.997.4677
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Elaine Nosaka , Senior Sales Executive VA , NC , SC , Canada sales , 703.447.9555
UPCOMING EVENTS events . joc . com
TPM25 : March 2-5 , 2025 | Long Beach , California Breakbulk & Project Cargo Conference : April 23- 25 , 2025 | New Orleans , Louisiana Inland Distribution Conference : September 29-October 1 , 2025 | Chicago , Illinois
Journal of Commerce ( USPS 279 – 060 ), ISSN 1530-7557 , November 18 , 2024 , Volume 25 , Issue No . 24 . Journal of Commerce is published biweekly except the last week in December ( printed 25 times per year ) by JOC Group Inc ., 55 Water St ., 39th Floor , New York , N . Y . 10041 . Subscription price : $ 595 a year . Periodicals postage paid at New York , N . Y ., and additional mailing offices . © All rights reserved . No portion of this publication may be copied or reprinted without written permission from the publisher . POSTMASTER : Please send address changes to Journal of Commerce , Subscription Services Department , 55 Water St ., 39th Floor , New York , N . Y . 10041 .
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