To create value for beneficial cargo owners — including retailers, manufacturers, consumer product companies, traders, energy, agribusiness and other major organizations — through an intensive two-day program addressing key operational, pricing, and strategic challenges they face when relying on end-to-end containerized freight transportation services departing from or arriving in Asia.
Theme: Asia’s New World Order and the Technology Evolution
Asia's freight transportation networks are adjusting to match the major trade changes occurring within the world's most dynamic and fastest growing region. Strong growth in consumption in many parts of the region, combined with adoption of new technologies, is driving change in traditional goods production and distribution systems. At the same time, changes in the manufacturing profiles of several major Asia-Pacific markets are impacting trade flows and related transportation networks. Rapidly rising living standards and increasing consumer purchasing power in coastal and southern China and segments of South and Southeast Asia are creating new opportunities for retailers, manufacturers, and other shippers. IHS Markit expects real consumer spending across the Asia-Pacific to grow 3.8 to 4.8 percent a year through 2024 with the region's heavyweight population centers of India and China accounting for big shares of this growth. In India, real consumer spending is forecast to expand by nearly 8 percent this year before settling at a compound annual growth rate of about 5 percent from 2019 to 2023. In China, disposable income per capita is set to grow by nearly 8 percent this year, and real consumer spending is expected to average more than 6 percent over the coming five years.
That growth is coming as China works to move itself up the manufacturing value chain, opening the door for other markets to take on lower-cost manufacturing for export. With its huge and rapidly growing population, India is perhaps the most exciting of these, and many expect it will eventually dethrone China as the world's pre-eminent manufacturing center. India's exports as a percentage of GDP are expected to rise to 9 percent by 2019, compared with just 2 percent in 2016.
Intra-regional trade also is growing as Asia-based manufacturing increasingly feeds Asian consumers, and trade lanes linking China with Japan, South Korea, Southeast Asia, and India are expected to eventually be counted among the biggest in the world. IHS Markit forecasts intra-Asia containerized trade – already the world's single largest trade lane — to grow 5.8 percent this year and remain in the 5.1 to 5.8 percent growth range over the medium term. Intra-Asia volumes should hit 33.6 million TEU by 2020, compared with 10.8 million on the Asia-Europe trade and 18.3 million on the trans-Pacific.
In this dynamic trading environment, BCOs are rethinking their sourcing, manufacturing, and distribution networks. The challenge for transportation providers is to respond with networks and services that support the right production inputs at the most competitive price and with modern solutions for getting goods into the hands of consumers. This is occurring at a time of significant change within critical transportation sectors, including liner shipping and ports, where risk and competition are rising, driving some industry trends such as consolidation and automation.
Offering the highest quality event programming anywhere in Asia, TPM Asia 2018 will pick apart the complex and interconnected trends that are shaping Asia's trade landscape — from market and regulatory analysis to the automated supply chain sweeping the industry. Top global and regional economists, analysts, and industry leaders will take a practical look at how the freight transportation industry is responding to these changes, and ask whether enough is being done to keep pace with the changing needs of shippers in this dynamic region.
- Economic and Container Shipping Outlook: Where is the market headed and why?
- Innovations in Technology: Best practices in providing visibility and efficiency into shipper supply chains through API, artificial intelligence, autonomous vehicles, and other cutting-edge solutions.
- Blockchain: Where does it make sense in the transportation supply chain — and where doesn't it?
- Intra-Asia Trade: With manufacturing increasingly serving Asia's rapidly growing consumer base, are India, Vietnam, and other emerging markets ready to meet global demand?
- E-Commerce: How are new consumer habits impacting supply chain networks?
- Trade Facilitation: How will government programs and trade agreements shape the future of supply chains in the region?
- Air Cargo: Navigating a changing environment amid space constraints, delays, and soaring rates.