July 2026 - Universal Cargo

Renewed Hostilities Halt Persian Gulf But Not Red Sea Shipping – What It Means for Shippers

In freight rates, International Shipping, ocean freight, ocean freight rates, shippers

Posted July 9, 2026

Renewed Hostilities Halt Persian Gulf But Not Red Sea Shipping – What It Means for Shippers

Iran attacked three ships trying to cross the Hormuz Strait this week. The U.S. responded by striking approximately 170 Iranian military targets over a 48-hour period. Iran then tried to [...]

Are Surging Freight Rates About to Come Down?

Trans-Pacific freight rates have been surging after strong shipper demand spurred an early start to international shipping’s peak season. Last week, ocean freight carriers implemented [...]

U.S. Not Renewing USMCA – What It Means

The Trump Administration decided not to renew the U.S.-Mexico-Canada Agreement (USMCA). Andrew Moran reported on it in the Epoch Times, quoting the U.S. Trade Representative’s July 1st [...]