Anniversary Celebrating our
ISSUE 2 2020
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Feature: Blockchain Brings new business models p.8
Three of the leading threats
Just days aſter the United States and China signed a deal that de- escalates months of back-and- forth trade retaliation, a survey of logistics executives shows that the supply chain industry continues to see a U.S.-China trade war as the top threat to global growth.
this month
In a poll conducted by Agility
and
Transport Intelligence, logistics professionals were surveyed for their thoughts on the global
economy and the leading threats to growth in 2020*. The results are part of the annual Agility Emerging Markets Logistics Index, a look at industry sentiment and a ranking of the world’s 50 leading emerging markets. Twenty-eight percent of
respondents see a US-China trade war as the biggest threat to global growth in 2020. US- Iranian tensions were next (19%), followed by a slowdown in the Chinese economy (17%).
What is the biggest threat to global economic growth in 2020?
Economic threat US-China trade war US-Iran tensions
Slowdown in the Chinese economy
Emerging market debt crisis
A 'technology war' between east and west
Brexit
involve China, which highlights its growing importance to the global economy and its ability to affect the fortunes of other countries.
% claiming it is the biggest threat
28% 19% 17%
16% 11%
8%
North America's leading news source for Freight & Logistics 5 The findings come just a
week after Washington and Beijing signed a “phase one” trade deal in which they agreed to halt imposition of new tariffs and restore the flow of many goods and commodities that had been cut off by months of friction. Only 8% of those surveyed
see Brexit as the largest threat in 2020. *The survey of 330 logistics
and supply chain professionals was conducted by global research group Transport Intelligence as part of the 2020 Agility Emerging Markets Logistics Index, which was released on Feb. 10, 2020.
The GPA recently announced the acquisition of 145 contiguous acres to the Port of Savannah, (GPA photo.)
GPA unveils major expansions
At the Georgia Foreign Trade Conference held on Sea Isle February 4, Griff Lynch, executive director of the Georgia Ports Authority, announced the acquisition of 145 contiguous acres to the Port of Savannah, or more than 1 million TEUs in annual capacity. “As the Georgia Ports Authority
enters its 75th year, we are proud to follow in the tradition of those who came before us, making exciting advances in capacity and technology to ensure our terminals remain at the forefront of global commerce,” Lynch said. “This is the largest addition of
container terminal space in Savannah in more than 20
years and represents a powerful opportunity for Georgia to take on new trade.” During his presentation,
Lynch also announced that Garden City Terminal dock construction had been completed, and can now serve three 14,000-TEU vessels, and up to eight vessels simultaneously. The
improved dock and
additional container yard space are part of a larger blueprint to increase the GPA’s capacity to more than 9 million TEUs by 2030. By 2023, the GPA will add an additional berth, for a total of four big ship vessel slots. “The
deepwater
expansion ports
at in our both
Savannah and Brunswick is helping to fuel growth, and in turn investment, jobs and increased competitiveness on the global stage,” said GPA Board Chairman Will McKnight. “With the kind of investment and infrastructure development announced today, Georgia’s ports will undoubtedly stay ahead of the curve and the competition.” In order to improve service,
Savannah’s Ocean Terminal will be partially converted to handle containers. Renovations at
Ocean Terminal, located
just downriver from the main container port, will include a new truck gate, upgraded container yards and rubber- tired gantry cranes for container operations. “This exciting new
development will allow the GPA to continue to meet and exceed
the needs of our customers,” Lynch said. Construction is currently
under way on the upgrades. Phase I of the Ocean Terminal container yard is expected to be completed by the end of 2020. Lynch also outlined plans for
the new Savannah Container Terminal, a nearly 200-acre facility to be built on Hutchinson Island. The new facility will have a capacity of 2.5 million TEUs when fully developed. Phase I is projected to come online in 2025. To ensure the GPA remains
on the cutting edge of port staffing and technology, Lynch announced an expansion of the Authority’s Y.E.S (Youth learning Equipment and Safety) program, in which high school graduates are hired and trained for equipment operator careers.
GPA hopes to begin hiring 50 recent graduates per year to help meet staffing needs. Lynch also unveiled Tuesday
a new program, dubbed GET SET (Sustainability, Efficiency, Technology). “The GET SET program is a
competitive juried contest for college students in Georgia, in which they will be challenged to put forth innovative solutions to issues faced by the maritime logistics community,” Lynch said. “Students or student teams submitting winning entries will receive a cash prize totaling $25,000.” He said GPA will be working
with universities across the state to integrate the GET SET program into their curricula over the next year, with the first prize being awarded in the summer of 2021.
Port NOLA Sets New Container Record in 2019 p. 6
Feature: West Coast Ports Face choppy waters p.10
In this Issue
Features News
Blockchain p. 8
West Coast Seaport p. 10 Asian Trade p. 14 Breakbulk p. 18
Port Canaveral Award- ed $14.1M in Federal Funding p. 5
TH
ASPA, AIT Sign Conces- sion Agreement at Port of Mobile p. 6
+ our regular
Logistics Roundupp.2 From the Editor p.4 Shipping Roundupp.3
Road & Rail Roundup p.5 Airfreight Roundup p.6 Environment Transportp7
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