At the beginning of August, we shared a story in Universal Cargo's blog about a U.S. shipper, MCS Industries, filing an official complaint with the Federal Maritime Commission (FMC) that accused [...]
As the Ports of Los Angeles and Long Beach hit record volumes of imports for March and freight rates reached a new peak, experts are telling us that the days of overcapacity, and the lower [...]
It’s early to talk about the 2021 peak season for the international shipping industry; however, with severe congestion at U.S. ports expected to last at least into the summer, 2021’s [...]
The Federal Maritime Commission (FMC) is increasing how often ocean freight carriers from the three major alliances that dominate global shipping must file trade data. Shipping lines from these [...]
The Mediterranean Shipping Company, better known as MSC, is poised to surpass Maersk as the biggest ocean freight carrier in the world by capacity. And the shipping line could to do it soon. [...]
It looks like the practices of ocean carriers during the pandemic and the resulting record-high freight rates have caught the attention of American and Chinese maritime regulatory [...]
With the first half of 2020 marked by COVID-19 shutdowns around the world, first in China and eventually in the U.S., ocean carriers' biggest strategy for dealing with decreased shipping demand [...]
Before 2020 hits, let's take a look back at 2019. What happened in international shipping this year didn't happen in a bubble. Just like events of years past affected this year, the things [...]
Mediterranean Shipping Company (MSC), the world's second largest ocean freight carrier by capacity for the moment, put out a press release on Monday concerning its executive leadership: MSC [...]
Maersk predicted, a couple years ago, that carrier competition would shrink to just 3 global companies. Of course, Maersk is at the top of the list of carriers expected to be left if its [...]
TOP 10 INTERNATIONAL SHIPPING NEWS STORIES OF 2017 - Universal Shipping NewsWatch this video on YouTube This is it! Universal Cargo’s final blog of 2017. This year certainly seems to have [...]
The leviathan just ate the top dog. Perhaps that’s a bit overdramatic, but China Cosco Shipping Corporation (Cosco), China’s international shipping leviathan, is now the world’s [...]
Last month, Maersk said it expects carrier competition to shrink to only three global companies. It’s possible that Maersk is wrong, but it’s hard not to take the words and [...]
Maersk is the largest carrier by capacity in international shipping and clearly the leader of the industry. We’ve talked about this before in Universal Cargo’s blog: The moves Maersk [...]
THE Alliance members are “falling further behind in the megamax vessel stakes,” Alphaliner was quoted as saying in an article by Mike Wackett in the Loadstar. The headlining point of [...]
CMA CGM Launches New Fee CMA CGM just made a move that we could see ripple through the international shipping industry. The carrier will charge a fee to shippers who are “no-shows” [...]
Now that international shipping is dominated by three carrier alliances, the 2M, OCEAN Alliance, and THE Alliance, many shippers are worried about freight rate collusion between the shipping [...]
Despite the reshuffling of ocean carriers into just three alliances–the 2M, Ocean Alliance, and THE Alliance–being described as a disaster, U.S. shippers have seen little impact on [...]
As of today (March 30, 2017), the Federal Maritime Commission’s (FMC) approval of the cooperation agreement between Hyundai Merchant Marine (HMM) and the 2M alliance members, Maersk and MSC [...]
This is it! Universal Cargo’s last blog of 2016. What better way to close out the year than with a look back on the top international shipping stories of 2016. Below you’ll find a [...]
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