- Shippers with cargo on Maersk Honam must pay to get it released May 18, 2018
- North American rail operators put profits before customers, claim shippers May 18, 2018
- Storm clouds darken on Asia-Europe box trade as carriers struggle with rates May 18, 2018
- Work with haulage industry on emissions, don’t penalise us, says RHA chief May 18, 2018
- Operation Stack becomes Operation Brock in M20 truck queueing rethink May 18, 2018
- The ups and downs of reaching an ‘understanding’ between the US and Gulf airlines May 18, 2018
- P&R’s million missing boxes puzzle German prosecutors May 18, 2018
- Trucking industry seeks to avoid ‘robot apocalypse’ May 18, 2018
- Container Shipping’s Digital Hurdles - Navis May 15, 2018
- Technological Port Evolution - TMEIC May 9, 2018
- Securing Future Ports with Multi-Level Cyber Security October 9, 2017
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Tag Archives: technology
Naturally CIOs are an entrenched bunch. But the lack of use cases that actually work is definitely a barrier to experimentation, along with the inflated cost and risk of finding software engineers with the expertise.
This story indicates that 3PLs will provide the supply chain wisdom the ocean carriers and port operators refuse to take on. Look for more and more profitable intermediaries, rather than fewer, in ocean supply chains. They are not likely to be supplanted by blockchain systems.
By Gavin van Marle in Singapore 25/04/2018
Here’s a great idea: why don’t we simply buy a 3PL? It is a lot easier than developing all that wretched software ourselves! Seriously, why isn’t consolidation of 3PLs and maritime firms a good way to extend services beyond the port and put them under the control of someone we can trust to (more or less) handle the movements the way we want? It is a time-honored way to gain capabilities we do not have without doing the work of creating a new business. Sure there can be some coordination issues, but are they as bad as Maersk has coordinating with IBM on their blockchain system?
Remember that providing coordination and visibility of information is mostly what blockchain accomplishes, and the jury is out on whether it can be made competitive with existing types of databases (which may also need improvement, to be sure). And any of these systems is “permissioned” in blockchain lingo– there is a governor who is empowered to make decisions about who is allowed to use it. None of them is truly decentralized for governance, as the Bitcoin advocates would have you believe; in that world, the miners (of whom there are now about 6 with a 75% share of all blocks mined) can exercise control whenever they want.
It comes down to trust. Who do we trust? Central banks, or a bunch of miners? Or are we happy enough trusting Maersk, or CMA-CGM and Ceva, or some other 3PL with our cargo, and prefer to argue with them over damaged or misplaced cargoes, rather than debate with some Ethereum sites about these issues?
I’m not sure how it will come out, but I don’t think it will be all one way or the other.By Alessandro Pasetti
See also: CMA CGM will buy 25% stake in CEVA logistics, By Shefali Kapadia , April 20, 018