Raymond said that new security rules and the data that will flow between parties to a transaction as a result of the rules have the potential to bring new efficiencies to the handling of international freight.
He said that we can expect some brand of RFID tagging and tracking to come into the system that will ultimately allow better tracking of goods than what is now found in the 'black hole' of intermodalism.
Raymond also said that he expects the rapid growth of cargo flows to the East Coast from southern Asia and India will bring some of the largest container vessels in the industry to the ports. That will also create a need for short sea services, he said, adding, 'We are a company that is going to address that.'
Raymond spoke as part of a series of CEOs addressing the Jacksonville Propeller Club. The dinner was sold out with 160 attendees. On February 7, the club will feature the annual state of the port address by Rick Ferrin, executive director of the Jacksonville Port Authority.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now