As far as container shipping is concerned, the current decade or the period since Y2K has probably seen the most number of consolidations, mergers, acquisitions and alliances than any other period in container shipping history..
Could ONE (Ocean Network Express) which is the latest, be probably the last one (at least for now) in the string of consolidations, mergers and acquisitions..??
This is a question that has arisen on the back of rising demurrage and detention charges incurred due to port and terminal congestion at key USA gateways such as Los-Angeles/Long Beach on the West Coast and New York-New Jersey on the East Coast..
Are demurrage and detention charges paid by the shippers to the ports, terminal and shipping lines justified especially in light of the port congestion..??
From time to time, some people come into your life to make a deep impact.. While it is customary to write about the positive impact that some people make on your life, some times, we must also talk about people that create a misguided and negative impact in people’s life..
But some times, we must also talk about people that create a misguided and negative impact in people’s life..
Whether for better or worse, technology has touched and revolutionized almost all aspects of human life and business.. Shipping and freight industry has also been touched by this technological developments under both mechanical and digital category..
Just like me (and am sure many others), Shome Moitra a Business Development | Strategy | Consultative Sales Professional is also surprised and amazed at how disconnected the maritime, shipping and freight industry is to rest of the world especially since everything we use has a connection to this industry..