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DOJ Antitrust Probe of Ocean Freight Carriers Is Over

A couple years ago in San Francisco, the world's major ocean freight carriers were holding a biannual Box Club meeting when the U.S. Department of Justice (DOJ) burst in on them with a raiding [...]

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Top 10 International Shipping News Stories of 2018

This is it! Universal Cargo's final blog of 2018!

It's become a tradition over the last couple years to make the last blog of the year a look back on the year's top 10 international [...]

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Maersk & IBM’s BlockChain Collaboration Stalls

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 [...]

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Maersk Sending First Container Ship Through Arctic

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 [...]

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Are Ocean Carriers In Trouble?

"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.

For [...]

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Freight Rates to Hit Record Lows Again in 2018?

It’s bad news for ocean freight carriers but good news for U.S. shippers. At least, it’s good news for U.S. shippers in the short run. 2018 could see transpacific freight rates drop [...]

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