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The NASSTRAC View

 

The NASSTRAC View is a monthly NASSTRAC member group discussion where a “hot topic” is discussed and evaluated by members just like you. Held on the first Friday of each month, all discussions will be moderated to ensure everyone has an opportunity to speak and all opinions are heard. This is your opportunity to talk with your fellow members who share your concerns, issues and solutions. Join us on our next NASSTRAC View and discover how fellow members are dealing with issues all of us face in our daily work lives. 

 

The next NASSTRAC View:

 

Adventures in Ocean Shipping – What Shippers Need to Know

Friday, March 17, 2017

The Hanjin shipping bankruptcy stoked every shipper’s biggest fear: uncontrollable risk. The collapse spurred ocean carriers and shippers alike to take a close look at the financial health of their carriers. Industry experts remain apprehensive that another collapse could shatter global supply chains around the world.


Given the highly integrated and constantly shifting nature of ocean shipping, it is extremely difficult and perhaps impossible for a shipper to fully insulate itself from the risk of another carrier collapse. However, there are steps that can be taken individually or in concert that could help reduce some of that risk: 1) Diversify your carrier base, 2) Increase insurance coverage, 3) Track financials, and 4) Consider using freight forwarders.


Join the NASSTRAC View on Friday, March 17th as we explore these options along with other suggestions from our shipper members. This month’s View will be moderated by Neil Smith, Executive Vice President and CFO of American Fast Freight.

 

 

The NASSTRAC View is open to all NASSTRAC Regular members only and seating is limited to twelve seats and allocated on a first- come, first- served basis. Submit your new topics and requests for deeper dives to info@nasstrac.org.

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