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This crazy shipping crisis explained1/21/2024 Companies need to find ways to help employees embrace new ways of working and must be prepared to bet on the future. That’s a nontrivial challenge: in many ways, very little has changed in container shipping since the first crane hoisted the first box in 1956. To realize that kind of upside, however, firms must also ready their organizations for change. With a little bit here and a little bit there, companies that take on a full program of initiatives can boost earnings by as much as 10 to 20 percentage points-enough to reverse the recent trend, and return to profit. In network design, more than a few shipping companies use outmoded approaches to design their routes new and more powerful systems use algorithms to make better, more effective decisions about networks. In fact, fuel presents many opportunities, not just in procurement, but also in consumption. In operations, many lines treat bunker as just another cost of doing business. In sales, for example, carriers often confuse their costs with the value received by customers and fail to charge a premium for services for which shippers will pay more. Across the enterprise, in commercial, operations, and network and fleet activities, shipping lines have opportunities to improve performance. Hidden beneath these issues (and driving them to a degree) is another set of challenges that shipping lines can readily take on. But shipping companies cannot afford to throw up their hands and accept their fate. These problems are real and significant, and largely beyond the power of any one company to address. It is now building capacity that appears will be mostly unneeded. Some of the pain is self-inflicted: as in past cycles, the industry extrapolated the good times and foresaw an unsustainable rise in demand. Several factors are responsible, notably trade’s spotty recovery from the global financial crisis, and redoubled efforts by corporate customers to control costs. Making things worse, earnings have been exceptionally volatile. “120 years ago it wasn’t an industrial wasteland, but a mixed-use area.The container-shipping industry has been highly unprofitable over the past five years. “We tried to not lose sight of the history of the waterfront,” Douglas Robbins explained. ![]() A partnership between Federal Highway Administration, Pennsylvania Department of Transportation (PennDOT), the Delaware River Waterfront Corporation and the City of Philadelphia, will change that with the Park at Penn’s Landing project, which will extend the South Street pedestrian bridge and ultimately create an 11.5-acre park that spans over Interstate 95 and Columbus Boulevard to restore the connection between the neighborhoods and the Delaware River.ĪECOM is leading the outreach and planning for this transformative project with several partners: Pennoni, Hargreaves Jones Landscape Architecture, KieranTimberlake and others. Penn’s Landing has been a social hub in Philadelphia since the city’s conception, but since the 1960s I-95 has all but cut off accessibility to the waterfront. Innovative Air Technologies Kacy Orr #davidschurk #manufacturesreps #engineers #contractors #owners #engineering #mechanicalengineering #mechnicalengineers #dehumidification □ #Demystifing desiccant dehumidification is what I do □ □ If you’d like a down-to-earth explanation of how this works, and the benefit’s of desiccant dehumidification, just let me know and we can schedule this 45 minute presentation for both you and your team! ![]() ❓I’ve included a short 3 minute clip from a recent webcast I presented on this topic… are you curious to learn more. ❤️ #desiccant dehumidification a simple and thermodynamically #eloquent way to efficiently-and-effectively maintain stringent indoor relative humidity in environments like hospital operating rooms… and of course many, many others! □ This may seem complex, yet it’s anything but. ![]() □ This may seem like rocket science, but it isn’t. □ When presenting a highly #technical topic, it’s my goal to make the seemingly complex, seemingly #simple …and many times it’s exactly that!
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