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Freight Rates Up, But for How Long?

Barely more than a week ago, Universal Cargo’s blog post was about falling freight rates. Freight rates had seen 16 consecutive weeks of decline and were at their lowest since January of [...]

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U.S. China Trade War Escalation and Possible Calming

Last week, the U.S.–China trade war, which has seemed pretty tranquil of late, escalated. China Expands Export Controls on Rare Earths On Thursday (October 9th), Beijing announced new measures to [...]

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Will Israel-Hamas Peace Deal Open Red Sea Shipping?

Are we finally going to see a return of normalcy for container ships moving through the Gulf of Aden and Red Sea to utilize the Suez Canal in international shipping? Rerouting ships down and [...]

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How the Government Shutdown Affects Shippers Importing & Exporting Goods

Here we go again. We have a government shutdown as Democrats, wanting to show strong opposition to the Trump Administration, refuse to pass the Republican-led spending bill that would keep the [...]