The mask is off

The mask is off
      There was a time in the not-so-distant past when most everyone in the international shipping business was feeling good.
      Shippers, freight intermediaries and carriers were swimming in freight and making money. The mindset within the industry, at the time, was collegial and occasional upsets could generally be smoothed over in short order.
      Then it all came crashing down with the global recession, and the mask covering the true state of the shipping industry was torn off, revealing what everyone knew but didn't feel necessary to address ' the inefficiencies.
      Prior to the recession, the industry could afford to hire personnel to make up for less than optimal practices in customer service, equipment positioning, cargo tracking and freight payment. Systems improvements were discussed and implemented, but not to the degree that should have taken place when the industry was generating comfortable profits.
      Now operational pressures are on with industry-wide staff reductions and budget cuts. Although volumes may be smaller than pre-2008 levels, cargo still moves. Shippers and carriers are at each other's throats over deteriorating customer service and what should justify sufficient compensation for transportation activities. (See 'Anger management,' pages 36-42).
      For years, shipping executives have talked about the importance of long-term partnerships, technology-based efficiencies and 'win-wins.' However, today's upheaval goes to show that very little has actually been accomplished in these areas.
      Reality stares the industry in the face, and simply sparring about it will accomplish nothing. For sure, the global economy's rebound will be slow and bumpy. Shippers, intermediaries and carriers must get serious about forging long-term partnerships based on mutual respect and understanding, and making those systems investments that will foster efficiency.
Upcoming FreightWaves Events
Compliance

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.

October 26, 2026
The Signal at Chattanooga Choo Choo • Chattanooga, TN
Register Now
Awards

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.

October 26, 2026
The Signal at Chattanooga Choo Choo • Chattanooga, TN
Register Now
FreightTech

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.

October 27, 2026 – October 28, 2026
The Signal at Chattanooga Choo Choo • Chattanooga, TN
Register Now
Compliance Brokerage Compliance Symposium Oct 26 • The Signal at Chattanooga Choo Choo • Chattanooga, TN

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 Now
Awards F3 Awards Dinner Oct 26 • The Signal at Chattanooga Choo Choo • Chattanooga, TN

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.

The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now
FreightTech F3: Future of Freight Festival Oct 27 – Oct 28 • The Signal at Chattanooga Choo Choo • Chattanooga, TN

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 Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now