Lori Ann LaRocco

Lori Ann LaRocco is senior editor of guests for CNBC business news. She coordinates high profile interviews and special multi-million dollar on-location productions for all shows on the network. Her specialty is in politics, working with titans of industry. LaRocco is the author of: “Trade War: Containers Don’t Lie, Navigating the Bluster” (Marine Money Inc., 2019) “Dynasties of the Sea: The Untold Stories of the Postwar Shipping Pioneers” (Marine Money Inc., 2018), “Opportunity Knocking” (Agate Publishing, 2014), “Dynasties of the Sea: The Ships and Entrepreneurs Who Ushered in the Era of Free Trade” (Marine Money, 2012), and “Thriving in the New Economy: Lessons from Today’s Top Business Minds” (Wiley, 2010).
Mar - 2022 -
28 March
Lori Ann LaRocco

Shanghai’s 2-stage COVID lockdown may make getting containers ‘almost impossible’

“This will limit the capability of factories to deliver containers to the ports,” said one industry consultant.

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24 March
Lori Ann LaRocco

Viewpoint: Keep an eye on Shanghai

Shippers should brace for “skyrocketing haulage costs,” HLS Holding warns.

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21 March
Lori Ann LaRocco

Viewpoint: It’s a tangled game of Twister for drayage in China

The multiple testing hurdles and current stay-at-home orders in China are slowing down this critical movement of trade and increasing prices.

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17 March
Lori Ann LaRocco

China’s lockdown will impact more than electronics from Yantian, Shanghai

“50% of our ocean freight out of these two ports are non-electronic products,” explained Terry Unrein, COO of the Americas for Seko Logistics.

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14 March
Lori Ann LaRocco

Logistics companies warn clients lockdown in Shenzhen will impact port activity

Seko Logistics, Worldwide Logistics among those reacting to China’s “zero-COVID” strategy.

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11 March
Lori Ann LaRocco

2 tankers fill up with Russian oil after 45-day US countdown begins

Oil companies face a potential profits-versus-people dilemma as a flotilla of tankers carrying Russian oil heads for U.S. ports.

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10 March
Lori Ann LaRocco

Viewpoint: That pain you’re feeling won’t be restricted to the gas pump

Consumers will see higher prices in the coming months at their retail and grocery stores as a result of the rise in black gold.

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04 March
Lori Ann LaRocco

Embargo of Russian oil now spreading to Kazakhstan

Three shipments bound for the Port of Novorossiysk have been canceled.

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03 March
Lori Ann LaRocco

Viewpoint: Don’t be fooled — the supply chain is not getting better

Russia’s invasion of Ukraine has heaped more uncertainty onto the global markets, adding to economic volatility.

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Feb - 2022 -
28 February
Lori Ann LaRocco

Suez Canal toll hike: ‘Global trade just got more expensive’

The increase in Suez Canal tolls range between 5%-10% and become effective Tuesday.

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24 February
Lori Ann LaRocco

ICS: Do not let Ukrainian, Russian seafarers become ‘collateral damage’

The International Chamber of Shipping issued a warning of the human capital component — Ukrainian and Russian seafarers are now locked out.

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17 February
Lori Ann LaRocco

Project44: Asian ports see rising congestion

New data released by project44 shows vessels waiting to berth in Asia recorded an average increase from 13 days in December to 16.7 days in January.

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11 February
Lori Ann LaRocco

Viewpoint: The hard truth about the trade deficit

Dysfunction at the nation’s largest port helps explain why the U.S. is losing the trade war to China.

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08 February
Lori Ann LaRocco

Traxens acquires NEXT4; CEOs discuss port congestion

Traxens CEO David Marchand says that “known port congestion is only the tip of the iceberg.”

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03 February
Lori Ann LaRocco

John Porcari Q&A: Current volumes are ‘floor, not the ceiling’ for the future

In this exclusive interview with American Shipper, the port envoy to the White House Supply Chain Disruptions Task Force discusses the state of the ports, the challengers at hand and the outlook for the future.

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02 February
Lori Ann LaRocco

Viewpoint: ‘Disruption indicator’ blames US ports for 80% of global inefficiency

Despite the victory of saving Christmas, the congestion problems at the nation’s largest ports have not improved.

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Jan - 2022 -
29 January
Lori Ann LaRocco

Viewpoint: 1 piece of the inflationary puzzle the Fed can’t control

While there are other factors in driving up supply chain costs, it cannot be refuted that maritime costs are adding to inflation.

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24 January
Lori Ann LaRocco

Early forecast: East Coast ports will continue to thrive

Shippers are “fed up” with the West Coast logjam and “happy” to pay extra for East Coast destinations.

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14 January
Lori Ann LaRocco

Container xChange warns of ‘ripple effect of disruptions one after the other’

“The global supply chain will be further strained because of these lockdowns in China and the result would be a further gap in global demand and supply,” says Container xChange CEO Johannes Schlingmeier.

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12 January
Lori Ann LaRocco

Viewpoint: Purse strings are frayed — and US trade is held hostage

The finger-pointing of blame and the political promises and suggestions are not improving the flow of trade.

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