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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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07 January
Lori Ann LaRocco

Viewpoint: Ningbo port’s partial closure more than just vessels berthing

The latest partial closure of the Port of Ningbo has forwarders shifting strategies to keep the flow of trade moving.

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Dec - 2021 -
22 December
Lori Ann LaRocco

Viewpoint: 3 inflationary warning signals the world can’t afford to miss

“Expectations are that high consumer demand and low inventory levels will keep rates elevated well into next year,” says Peter Sand, chief analyst at Xeneta.

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17 December
Lori Ann LaRocco

HIDA: Millions of critical medical supplies delayed at congested ports

The Health Industry Distributors Association said that between 8,000 to 12,000 containers filled with millions of critical medical supplies are delayed.

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15 December
Lori Ann LaRocco

‘Amazing’ transit times: From China, it’s faster to reach New York than LA

A new report by Shifl shows the impact the massive congestion off the coast of Los Angeles and Long Beach has had on transit times from China.

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14 December
Lori Ann LaRocco

‘Halloween costumes are still coming through the ports’

Christmas is just around the corner, but the supply chain remains snarled, says a C.H. Robinson exec.

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09 December
Lori Ann LaRocco

China terrestrial AIS data still blacked out; FMC looking into possible violations

Not only critical for the safety of seafarers on vessels, the terrestrial AIS data provides specific commodity and port information so trading decisions can be made.

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06 December
Lori Ann LaRocco

FMC Commissioner Bentzel’s grade on US logistics system: D-plus

Commission).Bentzel: “Let’s face it, it’s taking two or three times longer to deliver cargo because of congestion and conservatively prices are three to five times higher.”

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02 December
Lori Ann LaRocco

Viewpoint: Blasting through the West Coast congestion bluster

While technically the congestion has decreased in the bay because of the new queuing system, that does not mean the vessels do not exist. They do.

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Nov - 2021 -
11 November
Lori Ann LaRocco

Latest supply chain challenge: China’s terrestrial AIS data blackout

“The shipping industry as a whole has become increasingly reliant on using AIS data for operational purposes,” says VesselsValue’s Charlotte Cook.

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08 November
Lori Ann LaRocco

Ports suffering from communications gap with US Customs

Lack of data sharing regarding nonscheduled vessels is adding to the congestion in San Pedro Bay and impacting the ability to plan for container processing.

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02 November
Lori Ann LaRocco

58,900 long-dwelling containers now on penalty clock in LA, Long Beach

A whopping 40,000 of those containers have been at the Port of LA for nine-plus days, which is considered lingering.

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Oct - 2021 -
28 October
Lori Ann LaRocco

Carriers must move 60K containers out of LA/LB by Halloween

The daily surcharge fines begin Monday, but there has been no immediate surge of container activity.

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25 October
Lori Ann LaRocco

Exclusive: Congested Port of LA receiving empty containers from Gulf, Southeast

Upward of 2,000 empty containers are being sent to LA, potentially creating more burden on the congested port.

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23 October
Lori Ann LaRocco

Viewpoint: The chartering of goods and the return on investment

It costs roughly $7 million to charter a vessel, but avoiding congested ports may be worth it for some big companies.

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14 October
Lori Ann LaRocco

Viewpoint: Here’s the truth behind the 24/7 port operations pledge

Every facet of the supply chain must be participating in an equal fashion in order to successfully complete the 90-day sprint.

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04 October
Lori Ann LaRocco

Viewpoint: LA empty containers tell a compelling story

According to customs data, the share of empty exports to total exports leaving the Port of Los Angeles is up over 10% and leaving at a faster rate compared to pre-pandemic levels.

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Sep - 2021 -
29 September
Lori Ann LaRocco

Transport heads want solutions to ‘resolve’ supply chain crisis

The organizations are asking the heads of government to take “swift action” lifting fragmented travel rules and getting vaccinations into the arms of the manufacturing and logistics workforce.

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28 September
Lori Ann LaRocco

Can you hear me? US ports not 100% connected

Dead spots are plaguing the flow of trade within the nucleus of their port bubbles. One wrong step at the Port of Los Angeles and your cellphone call could drop.

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14 September
Lori Ann LaRocco

Viewpoint: Will the world’s largest container ship actually provide trade solutions?

The Ever Ace is at nearly 24,000 TEUs, but ports may not be able to handle that much capacity.

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11 September
Lori Ann LaRocco

National Tree CEO: Don’t wait till Black Friday to shop for holidays

National Tree Co. tells American Shipper it is warning customers not to sit on their wallets until Black Friday because the items they are coveting might already be sold out.

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02 September
Lori Ann LaRocco

A most ghoulish story: Halloween supply chain nightmares

Halloween is among the most popular holidays in America, so the horrific congestion this year is no treat for the nation’s supply chain.

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Aug - 2021 -
25 August
Lori Ann LaRocco

Viewpoint: Global supply chain reaching ‘a critical moment in time’

The stress levels of logistics managers and supply chain managers are at all high-time highs — and for good reason.

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03 August
Lori Ann LaRocco

FMC’s Maffei says capacity demand won’t recede ‘until late 2022’

In this exclusive Q&A, Federal Maritime Commission Chairman Daniel Maffei notes that “the supply chain is overheated. It’s like we are going from nine lanes to four lanes and then squeezing more traffic into them.”

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Jul - 2021 -
28 July
Lori Ann LaRocco

Warning: Book now or ‘Christmas may be canceled’

U.S. shippers this holiday season will need more than Rudolph’s red nose to guide them through the whiteout of congestion.

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21 July
Lori Ann LaRocco

Exclusive: SEKO Logistics chartering vessels for clients

It’s not what the company typically does but “this market has created a lot of unique situations,” says SEKO exec.

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Jun - 2021 -
10 June
Lori Ann LaRocco

Exclusive: Proposals submitted to address ocean shipping crisis

The proposals hope to enforce the carriage of trade and excessive penalties U.S. importers are being charged by foreign carriers.

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09 June
Lori Ann LaRocco

Viewpoint: Yantian might be ‘worse than the Suez blockage’

In an effort to keep trade flowing, major carriers have canceled sailings to Yantian — a useful diversion that has created a whole new chain of bottlenecks.

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04 June
01 June
Lori Ann LaRocco

Viewpoint: Is Yantian next pothole on maritime superhighway?

Out of an abundance of caution, carriers like Maersk extended the suspension of vessels into the ports from May 31-June 6.

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May - 2021 -
20 May
Lori Ann LaRocco

Seafarer crew crisis ‘only going to get worse’

The ICS hopes its Seafarer Vaccination Roadmap will create vaccine hubs in various ports.

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Apr - 2021 -
28 April
Lori Ann LaRocco

Ag industry’s letter to Buttigieg urges immediate action on export problem

Ag letter is the latest in a series of urgent pleas to stop the denial of trade and increased demurrage costs.

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26 April
Lori Ann LaRocco

Ever Given’s arrest and manifest — and the impact on US importers

Some importers are rethinking how to move their products due to the Ever Given’s “very sorry situation.”

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01 April
Lori Ann LaRocco

First interview with new Federal Maritime Commission chairman

Daniel Maffei becomes chairman at a time of massive disruption in the world of trade.

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Mar - 2021 -
30 March
Lori Ann LaRocco

Will Panama Canal avoid Suez-type logjam? Top exec talks differences

The Panama Canal Authority’s administrator discusses why he’s not worried about a container ship blocking the canal.

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17 March
Lori Ann LaRocco

Viewpoint: Brace for another container surge

There is a direct correlation between stimulus checks and the surge in e-commerce spending, according to SEKO US.

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Feb - 2021 -
10 February
Lori Ann LaRocco

Viewpoint: Container congestion may now impact Easter

Due to shipping snarl and container congestions, delays in retail inventories will be felt from Christmas through Easter.

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Jan - 2021 -
28 January
Lori Ann LaRocco

Commentary: Breaking the backbone of trade

China’s latest maritime measure to control the spread of the coronavirus will add to the clog of containers at ports.

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Dec - 2020 -
07 December
Lori Ann LaRocco

‘Snapping the chalk line’: An OWS update on Tiberius

If there were a virus bloom in a given area, states could quickly decide to move vaccine from one ZIP code to another.

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Nov - 2020 -
16 November
Lori Ann LaRocco

Commentary: US ag exporters, trucking industry urging FMC to regulate carriers

Harbor Trucker Association says it’s time for the FMC to seriously look at regulating the carriers.

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05 November
Lori Ann LaRocco

Breaking down the logistical mission of Operation Warp Speed

The logistics of delivering a COVID-19 vaccine to all Americans will be historic. Major Gen. Christopher J. Sharpsten, the deputy director for supply, production and distribution for Operation Warp Speed (OWS)

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Oct - 2020 -
27 October
Lori Ann LaRocco

Commentary: Operation Warp Speed logistical plan takes ‘whole-of-America approach’

In the world of politics, the complicated distribution of a COVID-19 vaccine is greatly simplified. It must be for messaging and public confidence. President Trump, in his rallies and in the first presidential 2020 debate, said the deployment was “logistically all set up” using soldiers to deliver “200,000 a day.” But is it really that simple? Absolutely not.

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Sep - 2020 -
23 September
Lori Ann LaRocco

Commentary: What products are US consumers buying?

Earnings reports from retailers show a clear shakeout between winners and losers.

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18 September
Lori Ann LaRocco

Commentary: The fabric of withhold release orders

The CBP must establish reasonable suspicion a good is made with forced labor in order to institute a WRO.

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Aug - 2020 -
06 August
Lori Ann LaRocco

Commentary: 20-foot container crunch may impact harvests

Containers are used to carry imports to the U.S., but they also carry exports from the U.S. The agriculture industry depends on them, but COVID-19 has caused the system to fray…

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Jul - 2020 -
08 July
Lori Ann LaRocco

Commentary: COVID-19 severely impacts the ‘Blue Economy’

Lori Ann LaRocco illustrates the disruption to global trade by profiling what has happened at the Port of Miami since the coronavirus pandemic began.

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Jun - 2020 -
16 June
Lori Ann LaRocco

Commentary: Intra-Asia trade waving economic distress flag

Lori Ann LaRocco explains why intra-Asian trade is down and its affect on the United States.

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May - 2020 -
14 May
Lori Ann LaRocco

Commentary: Trade flow and the warning flares it signals

CNBC’s Lori Ann LaRocco writes about the impact of COVID-19 on U.S.-China trade, particularly in regard to the trade war between the two nations.

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Apr - 2020 -
01 April
Lori Ann LaRocco

Commentary: April Fools! Who’s the loser in phase one?

CNBC’s Lori Ann LaRocco provides commentary on how the Phase One trade deal between the U.S. and China has not worked as thought, at least to date….

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Mar - 2020 -
09 March
Lori Ann LaRocco

Commentary: Data shows maritime trade being restored

CNBC’s Lori Ann LaRocco writes about the ramping up of manufacturing in China, and the subsequent ramping up of cargo headed to the U.S. via ships.

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Feb - 2020 -
06 February
Lori Ann LaRocco

Commentary: Will coronavirus impact trade flows long-term?

Lori Ann LaRocco writes about the impact of coronavirus on maritime trade between China and the U.S.

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Jan - 2020 -
14 January
Lori Ann LaRocco

Commentary: Trans-Pacific lane is the trade war truth barometer

Phase One of the U.S.-China trade deal is scheduled to take effect Wednesday. Read CNBC’s Lori Ann LaRocco’s take on how that trade has changed since the tariff war began — and how it may never be quite the same.

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Dec - 2019 -
05 December
Lori Ann LaRocco

Commentary: In US vs. the world, trade flow tells the real truth

CNBC trade expert and author Lori Ann LaRocco says if trade talks were really progressing, U.S. exports to China would be ticking up, not down.

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