Logistics > Ocean Transportation | SupplyChainBrain

Ocean Transportation: Page 302

Navigating Tomorrow's Panama Canal Today

Alberto Zubieta Icon

Steamship Industry Challenges and Why 'Nearshoring' Won't Work

Peter Keller Icon

CSCL, GT Nexus Team for E-Commerce Portal Services

Logistics Council Issues 4th Edition of "Freight Claims in Plain English"

Matson Adds Port of Xiamen to China-Long Beach Express Service

An Expanding Panama Canal Makes Waves in U.S. Transportation

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How Is The Logistics Sector Faring In Difficult Times?

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Intermodal Will Weather Economic Storm, NYK Line's President Says

10+2: A Beacon of Hope for Software Vendors and Freight Forwarders

Nothing gets software vendors more excited than new government regulations. Sarbanes-Oxley was a boon to enterprise software companies a few years ago. It allowed them to walk down the hall from the CIO's office and talk to the chief financial officer, the person who controls the company's purse strings. Similarly, TMS vendors welcomed the new Hours of Service regulations when they first went into effect in 2003. It was part of the "perfect storm" shippers and carriers were facing at the time (along with rising fuel costs and capacity constraints) that served as a catalyst for TMS sales. The latest regulation that has vendors seeing dollar signs is the Importer Security Filing (ISF) rule, better known to folks in the industry as "10+2."

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Safely Navigating Treacherous Economic Waters

The instability of the international container shipping sector, capacity withdrawal on some routes and "slow steaming" practices will expose exporters and importers to greater risks.

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You Should Cut International Logistics Costs, No Doubt. But How?

Companies and their logistics service providers need to reduce their international transport and logistics costs. Despite the uncertainties of the current business environment, they can apply both old and new techniques.

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How Well Can Providers Weather The Economic Storm?

There are a lot of parallels between the logistics software industry and the logistics service provider industry. For example, both have undergone a lot of mergers and acquisitions over the past five years, and companies in both industries are looking to further penetrate the small and mid-sized market. And it's also true that the business models of software vendors and LSPs are converging. But an important distinction still remains between these two industries: one primarily sells "products" and the other primarily sells "services." When times get tough, companies tend to outsource more and spend less, which is why LSPs have historically performed better than software vendors during economic slowdowns. Does this mean that LSPs can breathe easy in 2009? Not exactly.

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