This is a guest post by Geoff Whiting. Freight rates can fluctuate wildly, and those fluctuations can have a significant impact on your bottom line. For manufacturers, these are even more [...]
What goes up must come down. Despite many experts saying we would never see pre-pandemic-level freight rates again when the cost of ocean shipping skyrocketed out of control during and after the [...]
Shippers, get ready for the freight rate war saga of the ocean carriers to continue. Perhaps the biggest reason for shippers to pay attention to what's happening with carriers is because it [...]
With great capacity comes great responsibility. And the international shipping industry is about to have a giant influx of ocean freight capacity. With the arrival of March, new container ships [...]
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 [...]
Ocean freight rates have fallen, for which U.S. importers can rejoice. Readers of Universal Cargo's blog certainly don't need a recap of how freight rates skyrocketed during the pandemic, thanks [...]
2022 is just days away from being over, so it's time to look forward to 2023. We'll probably have a few posts focused on what the year will have in store for international shipping, but today we [...]
Air freight conditions for shippers are now starkly different from what they were during the pandemic. For the most part, this difference is positive for shippers. Air space and availability is [...]
This is a guest post by James Harrow. On paper, choosing a freight carrier to cooperate with might seem almost simple. After all, so long as you prioritize something with lower rates, you can [...]
There are lines in current news outlet articles that shippers, importers in particular, will actually be happy to read: "Trans-Pacific shipping rates have plummeted roughly 75% from year-ago [...]
For more than a year, many shippers who have always shipped by sea have turned to air freight for their heavy lifting. There's a reason 90% of goods are transported around the world by ship. [...]
In the last blog, we looked at how – with the slowing economy – retailers and shippers are decreasing their imports and expected to keep doing so in 2023. As discussed, that should mean [...]
It's kind of a good news, bad news situation. Or more accurately, bad news, good news situation. Because of the slowing economy (bad news), freight rates should see decline (good news) in the [...]
Ocean freight rates are falling. Yes, they're still extremely high, but they're moving in the right direction. Greg Miller reported this week in Freight Waves that global spot rates for ocean [...]
It's generally accepted that World War II ended the Great Depression. Could the Russia conflict end America's supply chain crisis? Or at least mitigate it? Hmmm... Greg Miller wrote an American [...]
There are many world events affecting current and upcoming ocean freight rates. Sanctions on Russia with its aggression on Ukraine obviously affects cargo movement to and from that region, and [...]
Ocean freight carriers, which have been in the driver's seat for the last couple years when it comes to freight rates, are utilizing their leverage right now to negotiate enormous contracts with [...]
In July, I went out on a limb as seemingly the only one in the shipping industry to predict ocean freight rates could fall by the end of the year. I turned out to be right. YAY! Headlines like [...]
It feels like we've been talking about the international shipping industry's sky-high freight rates non-stop for the last year and a half. With freight rates breaking record after record over [...]
Today, we continue our look at governmental pressure on the international shipping industry. Having watched carrier competition shrink over the last decade until reaching the point we're at now, [...]
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