Peter Tirschwell and Joe Lynch discuss the post-pandemic supply chain. Peter is Vice President in the Maritime, Trade & Supply Chain division of S&P Global, a global data, analytics and business intelligence organization serving sectors including maritime, energy, automotive, petrochemical and financial.
About Peter Tirschwell
Peter Tirschwell is Vice President in the Maritime, Trade & Supply Chain division of S&P Global;, a global data, analytics and business intelligence organization serving sectors including maritime, energy, automotive, petrochemical and financial. In his role Peter leads The Journal of Commerce, the historic New York City maritime newspaper founded in 1827, today a team of specialized business journalists focused on the end-to-end international shipping supply chain including shipping, ports, airfreight, trucking, rail and home delivery, addressed to the needs of shippers. A career business journalist, Peter has served as a maritime reporter, West Coast Bureau Chief, Editor in Chief and Publisher of The Journal of Commerce, over the course of his 30-year career with the JOC beginning as a maritime beat reporter in the early 1990s. He is the founder and chairman of the annual JOC TPM conference in Long Beach, Calif., the world’s largest container shipping conference, now 23 years old. He writes a regular JOC column, speaks regularly at industry events and has been quoted in or written for mainstream business media including the The Wall Street Journal, CNBC and The Washington Post, CBS News, NPR, The Financial Times, The New York Times and others. He has degrees from the University of Maine and Fordham University.
About Journal of Commerce
Journal of Commerce is a team of specialized journalists covering international logistics and supply chains with a focus on containerized shipping, ports, trucking, railroads and airfreight. The JOC develops industry-leading events such as TPM, the world’s largest containerized shipping event. The Journal of Commerce is part of S&P Global Market Intelligence, whose team of experts delivers unrivaled insights and leading data and technology solutions, partnering with customers to expand their perspective, operate with confidence, and make decisions with conviction. S&P Global Market Intelligence is a division of S&P Global (NYSE: SPGI). S&P Global is the world’s foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help many of the world’s leading organizations navigate the economic landscape so they can plan for tomorrow, today.
Key Takeaways: The Post-Pandemic Supply Chain
- Peter Tirschwell is Vice President in the Maritime, Trade & Supply Chain division of S&P Global.
- In the podcast interview, Peter and Joe discuss the post-pandemic supply chain.
- As the pandemic wanes, there are still significant supply chain challenges that must be addressed.
- Joe and Peter discussed the following:
- International Longshoremen & Warehousing Union (ILWU) on the West Coast are negotiating a new contract with the Pacific Maritime Association which represents 70 ocean carriers and terminal operators who operate at the 29 West Coast Ports.
- East Coast port congestion is a problem because many shippers and ocean carriers are diverting ships to the East Coast to avoid potential problems in the event there is a strike or work slowdown on the West Coast.
- High import volumes are straining supply chains and ports. Import volumes are 30% higher than pre-Covid levels and combined with worldwide labor shortages, disruptions to supply chains became inevitable.
- Changes like the turmoil in Asia (Taiwan & China) and in Europe (Ukraine & Russia) are currently impacting supply chains. Given the amount of trade between the USA and China, any changes to the relationship could have a major impact on supply chains.
- Now part of S&P Global Market Intelligence , the JOC Group is the world’s authoritative provider of business intelligence, information and events for trade, transportation and logistics professionals.
- JOC Group provides import and export trade information to more than 1,600 companies, governments and associations in more than 50 countries.
- JOC products include PIERS, the world’s most comprehensive database of U.S. waterborne activity; the TPM annual conference for the trans-Pacific and global container shipping community; JOC.com, an information portal for container shipping and international logistics; The Journal of Commerce publication for logistics executives; and RailResource, a collection of well-known brands that serve the North American freight railroad and rail-supply markets.