TPM24—the premier conference for global container
shipping, logistics, and supply chain operations— took place
March 3-6 in Long Beach, California. The event brings together
industry experts across carriers, shippers, and service and
technology providers to discuss trends, negotiate contracts, and
share the latest perspectives on the international shipping supply
chain.
Conflicting forces are currently overwhelming the ocean market,
generating additional uncertainty within supply chain operations.
Over-capacity across ocean shipping, coupled with increasingly
depleted customer inventory, has reduced the rates shippers can
charge to their lowest since before the pandemic. Disruptions
including the crisis in the Red Sea are helping to raise rates
(perhaps temporarily) for many trade lanes, though for unfortunate
reasons. With record levels of new shipping capacity coming this
year, it will be crucial to monitor how carriers handle
profitability and adjust to market
