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    Archives

    Monthly Archive for: "May, 2021"
    Home » Archives for May 2021
     3 Predictions for the 2021 Peak Season
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    By Jared Vineyard
    In peak season, port congestion, Port of Long Beach, Port of Los Angeles, Port of Oakland
    Posted May 27, 2021

    3 Predictions for the 2021 Peak Season

    I made a prediction in Tuesday's blog post about this year's peak season. That post wasn't actually about predicting what will happen with international shipping in the upcoming months, so the [...]

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     Congestion Improving at Ports But Rail Could Be Problem for Peak Season
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    By Jared Vineyard
    In importers, port congestion, Port of Long Beach, Port of Los Angeles, shipping containers
    Posted May 25, 2021

    Congestion Improving at Ports But Rail Could Be Problem for Peak Season

    From the West Coast to the East Coast, congestion has been a problem at the ports all year. Congestion at the country's busiest ports – the Ports of Los Angeles and Long Beach – has been [...]

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     3 International Shipping News Stories Shippers Should Know About
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    By Jared Vineyard
    In ILWU, ocean freight, Port Automation, Port of Long Beach, shippers, Truck Driver Shortage, truckers, trucking
    Posted May 20, 2021

    3 International Shipping News Stories Shippers Should Know About

    There are three international shipping news stories making headlines this week that shippers should know about. These are the kind of stories that affect U.S. importers and exporters' bottom [...]

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     Freight Rates Manage to Climb Even Higher
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    By Jared Vineyard
    In freight rates, International Shipping, ocean freight, ocean freight rates, ocean shipping
    Posted May 18, 2021

    Freight Rates Manage to Climb Even Higher

    We've been watching freight rates rise to new heights, breaking record after record, for a year. Is it possible for freight rates to get worse? Yes. And they have. After a period of months with [...]

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     Why Are Ocean Carriers Doing “Risky” Shipbuilding?
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    By Jared Vineyard
    In carriers, freight rates, ocean freight
    Posted May 13, 2021

    Why Are Ocean Carriers Doing “Risky” Shipbuilding?

    For years, ocean carriers struggled with overcapacity. It pushed freight rates low, and they lost billions. Over the last couple years, carriers learned more discipline with capacity. Over the [...]

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     At Least 2 More Years of High Freight Rates Says Drewry
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    By Jared Vineyard
    In carrier alliances, carriers, container carriers, freight rates, International Shipping, ocean freight, ocean freight rates
    Posted May 11, 2021

    At Least 2 More Years of High Freight Rates Says Drewry

    Maritime research firm Drewry is predicting the same thing we've been saying here in Universal Cargo's blog for a while: high freight rates aren't going away with the pandemic. Mike Wackett [...]

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     ILA Strangling Port of Charleston’s New Terminal
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    By Jared Vineyard
    In carriers, container ports, ILA, ILWU, port congestion, shippers
    Posted May 6, 2021

    ILA Strangling Port of Charleston’s New Terminal

    As ports are congested on both coasts of the U.S., there's a fully capable terminal at the Port of Charleston where carriers are not sending their ships. Rather than call at this terminal, [...]

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     Just How Much Are Carriers Earning with These High Freight Rates?
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    By Jared Vineyard
    In China Cosco Shipping Corporation, container carriers, container shipping, freight rates, International Shipping, Maersk, ocean freight rates
    Posted May 4, 2021

    Just How Much Are Carriers Earning with These High Freight Rates?

    Soaring freight rates for the last year plus have significantly cut into shippers' profits. Not surprisingly, these sky-high freight rates have had the opposite effect for carriers. But just how [...]

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