September 9, 2024 | Page 8

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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
Managing Editor : Kevin Saville , 212.488.4282 , kevin . saville @ spglobal . com
AI and the Logistics Technology Revolution : Where Automation Makes the Most Sense for Shippers
September 19 , 2024 , 2:00 PM EDT
Discussion of artificial intelligence is everywhere these days . It ’ s literally impossible to avoid the impact it is purportedly having across our personal and professional lives . The logistics industry is no different . The default setting for every vendor and third-party logistics provider is to pronounce that its capabilities are AI-powered . That leaves buyers of logistics technology in a tricky position because most are not experts in technology , much less AI . AI will definitely affect the logistics industry , from making companies more efficient and accurate , to unlocking decision-making that lies beyond the reach of humans . It also will change the nature of the logistics workforce . But exactly how and when those changes will occur is not yet clear . https :// bit . ly / 4e0WEX9
FEATURED CONTENT
European Shipping and Trade Outlook : The Trans-Atlantic
On demand , Free
Ocean carriers are again awash with cash as early peak season demand and significant volume of cargo pushed onto soaring spot markets out of Asia fills their coffers . It is against this backdrop that saber-rattling by the International Longshoremen ’ s Association ( ILA ) should be viewed as its master contract negotiations with maritime employers on the US East and Gulf coasts become increasingly fractured . The ILA is determined to extract a generous deal from United States Maritime Alliance with the carriers as major players . Ocean carriers are in a win-win situation . If the rhetoric intensifies ahead of the Sept . 30 expiration of the current contract and that causes significant frontloading of US imports , space will be tight , and rates will soar . If an ILA strike closes terminals and ships are stuck outside ports , capacity will evaporate , and rates will rise . https :// bit . ly / 4cO0gKO
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Top 100 Importers and Exporters https :// bit . ly / 3Vbpn4M
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
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
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Transparency mandate looms over customs brokers ’ technology plans
Increased scrutiny of customs brokers by US Customs and Border Protection ( CBP ) is putting the onus on brokers to invest in technology to better understand the exposure to regulations violations their shipper clients face . https :// bit . ly / 4dS3VIC nitpicker / Shutterstock . com
Asia – Europe ocean seasonality ‘ kicking in ’: BCO network
Container freight rates on the Asia – Europe trade are sliding from recent highs as demand momentum from an early start to the peak season slows through the summer , but the seasonality of the trade lane will soon be felt , according to shipper network CrossStaff . https :// bit . ly / 3XkQMSK
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Journal of Commerce ( USPS 279 – 060 ), ISSN 1530-7557 , September 9 , 2024 , Volume 25 , Issue No . 19 . 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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