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Legislation & Regulatory Spending Increasing in Ocean Freight Shipping

While the Federal Maritime Commission (FMC) seems to still be figuring out how to enforce the Ocean Shipping Reform Act of 2022 (OSRA), it seems more shipping reform is on the way. John [...]

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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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Transpacific Freight Rates East, West Coast Spread Is Back to Pre-Pandemic Levels

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 [...]

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How MSC and Maersk’s 2M Alliance Split Will Affect Shippers

On Thursday, Universal Cargo's blog was about MSC and Maersk announcing they're ending the 2M Alliance. The world's top two shipping lines said they're doing this to "pursue individual [...]

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