NYSHEXBlog
Shipping Doesn’t Have to Be Groundhog Day
Have you ever seen that Bill Murray movie, “Groundhog Day?” It’s the one where the cynical TV weatherman finds himself reliving the same day over and over again. He tries with all his might to make it work to his benefit but ultimately accepts that things are never going to change. Well, that used to be my day job!Peak 2019: The Writing is Already on the Wall
When we started to plan for last year’s TPEB peak season, all the signs of the makings of a tumultuous peak were written clearly on the wall. Now as we look at 2019, not much has changed. First, in 2018 threats of increased trade tariffs were looming. Yep, that’s still definitely the case in 2019. Second, we saw no announced efforts to combat the worsening schedule reliability trends including […]Finance execs: Do you realize this happens within your supply chain?
I joined NYSHEX about two years ago and this is my first experience within the shipping industry. Accurate forecasting, precise financial planning and keeping costs low are all incredibly critical aspects of my role and what keep all finance and accounting executives up at night. I’ve been completely shocked by the opacity inherent and unique to shipping freight procurement. This post is intended […]Trust in shipping is making a comeback! But what’s NYSHEX got to do with it?
Back in 1823, the shipping markets were characterized by “wild gambling”. To combat this, the Baltic Exchange was established as a private meeting room where admission was strictly limited to trustworthy merchants and shipowners. Their motto enshrined this principle as “our word, our bond”(1).The Three Questions Everyone Asks About NYSHEX
Earlier this month I got the chance to present to hundreds of shippers, 3PLs and other industry stakeholders at the Terminal Operators Conference (TOC) Asia event in Singapore. I spoke to NYSHEX’s progress thus far and our future trajectory, then I participated in a panel on digital innovation. The crowd engagement was so high that I wish we had had another hour for just the Q&A. These are the […]The New York Shipping Exchange and MarsEx announce their collaboration
The New York Shipping Exchange and MarsEx are proud to announce their collaboration toward the first guaranteed reservations to the planet, Mars. The MarsEx Transit Vehicle which is scheduled to depart Earth for Mars in the year 2030 will utilize the demonstrated accountability model of NYSHEX to fill each of the 100 passenger slots.The Wheel of Uncertainty
When I graduated from college and decided to go into international shipping, no one ever told me I was joining an industry with such a passion for gambling. Ok sure, we don’t find ourselves in Vegas or Atlantic City often, but we do throw the dice onto a high-stakes table each time a booking gets made. Don’t believe me? Well, how about these proof points:Zeroing in on a Kinder US Export Environment
I face my fears head on, like jumping out of an airplane at 15,000 feet, picking up a boa constrictor, or riding on horseback among big cats through the African bush. None of this compares, however, to the nerves and excitement I had leading up to my first opportunity to speak at the largest annual shipping event, the Transpacific Maritime Conference.
