Journal of Commerce Announces A Webcast Addressing The Pressing Container Shortage Issue Facing Importers/Exporters

NEWARK, N.J., July 19 /PRNewswire-FirstCall/ -- Container shipping lines have warned that importers and exporters may have trouble securing containers for the busy shipping season. In this webcast, industry experts will explain the reasons behind the shortages, the problems that shippers currently face due to the shortage and will provide strategies on how to quickly find containers before the peak begins.

Speakers John Maccarone, President and CEO of Textainer, and Gary Ferrulli, of Global Logistics & Transport Consulting will address the issues surrounding the shortage including:

• Why there were virtually no new productions of standard dry freight containers in 2009
• Slow steaming and super slow steaming
• Cargo volume growth 2010 vs. 2009
• More balanced trade, which means fewer containers are being evacuated empty back to Asia for immediate use
• Overview of how shipping lines lost an estimated 15 billion in 2009
• How to deal with the current shortage conditions
• Dealing with the separate issues importers and exporters each face in this shortage
• The role of the container leasing companies in this ordeal

The webcast will take place on Tuesday, July 27th from 2:00 p.m. – 3:00 p.m. EDT. To register, click here.  

About UBM Global Trade - UBM Global Trade, formerly Commonwealth Business Media, Inc., has been the leading provider of proprietary data, news, business intelligence and analytical content supporting commercial maritime, rail, trucking, warehousing and logistics industries worldwide since 1827. The company's portfolio of more than 100 online, print and interactive workflow business solutions includes The Journal of Commerce, The Journal of Commerce Events, PIERS Global Intelligence Solutions and an array of international trade and transportation databases and directories. UBM Global Trade, a subsidiary of United Business Media Limited, is headquartered in Newark, NJ, with offices throughout the United States and in Canada and Hong Kong. For more information, explore www.ubmglobaltrade.com or call 877-675-4761 (+1-847-763-4932 outside the U.S. and Canada).

SOURCE The Journal of Commerce

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