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How Long Will this Downward Pressure on Freight Rates Last?

After a couple years of out of control, skyrocketing freight rates, ocean freight pricing finally came tumbling down. Freight rates have gone from peaks, including cargo routes getting carriers [...]

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US Ag Exporters Urge President Biden Take Action Against Ocean Freight Carriers’ Practices

71 U.S. agricultural industry groups teamed up to write a letter to President Biden, informing him of the injury ocean freight carriers are doing to US agriculture, food, and forestry product [...]

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Top 10 Predictions and Trends of Shipping Industry in 2021

This is a guest post by Paul Zhang. The epidemic made the entirety of 2020 beyond all expectations. Global trade stirred by the "black swan" of the epidemic ushered in a great recession and fell [...]

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2020 Is Great Year for Ocean Carriers as Freight Rates Break Records

How about a positive headline for 2020? It's a great year for ocean freight carriers in the international shipping industry. Transpacific cargo volume continues to surge here in the peak season, [...]

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Blank Sailings Help Maersk Profit Despite COVID-19 — Will Blank Sailings Continue?

From when the novel coronavirus outbreak in China first started registering in international shipping news, stories have been published about how ocean freight carriers could or would lose [...]