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- Mark Szakonyi
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Episodes of exclusive TPM content featuring interviews of key stakeholders and attendees.Watch now
A special, off-the-record discussion and preview of TPM23 and the issues dominating today's containerized ocean shipping industry. Don't miss this opportunity to hear from the senior JOC editorial team about the key issues to be discussed during the conference, and to convey what questions you'd like addressed before leaving Long Beach. RESERVED ONLY FOR SHIPPERS.
Just weeks into 2023, the market is almost unrecognizable compared to the past two years of massive pandemic impact. If the market was defined then by tonnage idled outside of ports combined with a consumer spending surge that together produced a state of unprecedented tightness and stratospheric rates, now it looks positively, well, normal. The last vestiges of port congestion are clearing out, spot rates and expectations for contract rate levels are back to pre-pandemic norms, and container lines' brief ironclad control of the market is gone, at least for the moment. On the horizon is a possible US recession, a bloated vessel order book and the need to repair tattered relationships. In this opening market outlook session — a feature of the TPM program since 2001 — industry leaders will offer their big-picture outlook for the year ahead.
It’s not enough anymore to just to be a so-called shipper of choice, nor is it always clear what it takes to be considered one. Container lines now are armed with tools to better determine which shippers forecast well, deliver cargo as booked, and provide flexibility on when they load. The difference in a shipper's grade can determine whether cargo is left on the dock or makes the booked sailing. Falling grades could mean that the carrier is less willing to grant a shipper's requested space allocations, or, in extreme cases, they may turn the "failing students" away. Shippers who are aware of how they rank along carriers’ various customer performance metrics can better understand how to get higher priority, even if their volumes don’t make them an automatic VIP account.