Big news hit in January when it was announced Maersk and IBM were forming a joint venture. The giants in international shipping and information technology, respectively, were introducing a [...]
This is a guest post by Erica Sunarjo.
There are layers to running every business, and each layer needs to be perfect to make the whole thing work smoothly. The same goes for the [...]
This is a guest post by Kristin Savage.
It hit the scene as that mysterious technology behind Bitcoin. No one paid much attention at first. A digital currency that its founders said [...]
You would think the trade war between the U.S. and China would be nothing but bad for transpacific shipping; however, it may have just saved the year for carriers.
Back in June, we [...]
At Universal Cargo, we help many businesses import goods from China. This means many of our customers are being affected by the tariff increases President Trump is imposing on Chinese imports. [...]
Hurricane Florence and Super Typhoon Mangkhat struck over the weekend, bringing tragedy with them. This article gives an update on the aftermath of these two devastating storms that took [...]
This is a Guest Post by Alana Downer
Currency is somewhat unpredictable, and when you have transactions taking place in multiple countries using different currencies, keeping track [...]
Maersk announced that it is sending the first container ship from East Asia to Europe through the Arctic Ocean. Daniel Shane reports in CNN Money:
The newly built Venta Maersk is set [...]
I've seen a lot of headlines this year about various ocean freight carriers losing money. However, it all came to a head for me with Mike Wackett's article in the Loadstar last week with the [...]
A week ago, we posted a blog from Universal Cargo's own Cherry Chen outlining the section 301 tariff exclusion process shippers can use to request a one year tariff exclusion on products they [...]
By Cherry Chen
Are you an exporter or importer impacted by the trade war between China and the United States? Here is good news for you.
On July 6th, the United [...]
The Trade Expansion Act of 1962 gives President Trump the legal right to impose tariffs at his discretion if he determines there's a national security threat to justify it. Therefore, when the [...]
We’ve talked a lot about the escalating tariffs and tariff threats between the U.S. and China in this blog, but Asia is not the only battle front for President Trump’s trade wars. [...]
"We're all going to go bust," MOL President and CEO Junichiro Ikeda said to the Financial Times about the near future of ocean carriers in the international shipping industry.
Fuel costs have significantly increased this year, causing many carriers to post first-quarter losses for 2018.
At least, carriers are saying higher fuel bunker prices are the cause [...]
This is a guest post by Michelle Arios.
selling overseasImporting and exporting can rarely be a lone wolf operation. You’re going to need boots on the ground in other countries, [...]
This is a guest post by Jake Rheude
3PL WarehouseEveryone is looking for a leg up in their business, but we often focus too much internally to see how existing partners can help us [...]
Worried about a trade war with China? Here's some good news.
“We’re putting the trade war on hold,” Treasury Secretary Steven Mnuchin said in an interview on Fox News [...]
This is a Guest Post by Daniel Moore
international business successWhen you pursue international business expansion, you may be tempted to simply copy the marketing tactics that [...]