It seems like every time you turn around there's a new fee announced at the Ports of Los Angeles and Long Beach. Sometimes those fees are merely threats in a less-than-successful attempt to speed [...]
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 [...]
You know all that bragging the Biden Administration has done over the last four months about getting the Ports of Los Angeles and Long Beach to go 24/7 to fight congestion? Yeah, the ports are [...]
One of the top stories in the Journal of Commerce (JOC) yesterday (January 31st, 2022) was CMA CGM acquiring "a majority stake in European last-mile logistics specialist Colis Privé, a parcel [...]
Keith Wallis reported in a Journal of Commerce article this week that South Korea's Fair Trade Commission fined ocean freight carriers over $80 million for collaborating in setting freight [...]
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 [...]
Let’s talk rail and what’s happening with getting shipping containers out of the Port of Los Angeles, so your goods can get to your businesses around the U.S. Universal Cargo’s [...]
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, [...]
International shipping, with its ocean freight sector in particular, is a volatile industry. Freight rates go up and down like a roller coaster. But not in the last year. Ocean freight rates have [...]
High freight rates have become a motif in Universal Cargo's blog over the last year. That's not surprising as freight rates have climbed and climbed, breaking record after record, much to the [...]
Over the last year, international shipping has been marked by container and equipment shortages, port congestion, high demand, lost containers, rolled containers, and – of course – outrageously [...]
A couple months ago, we blogged about carriers making billions with these high freight rates shippers are being forced to choke down. Well, that was nothing. Wait until you hear this.... If [...]
This is a guest post by John Nicks. The pandemic triggered many changes in various industries all across the world. One of the most affected areas is shipping costs. As the prices go up, the [...]
Mike Wackett wrote an article in the Loadstar that might make shippers consider ocean freight spot rate indices and the fees ocean freight carriers have been charging to guarantee service as [...]
It’s a classic case of good news, bad news. After Tuesday’s bad news blog about Yantian Port’s partial shutdown lingering and creating a “worse-than-Suez” level of [...]
An intriguing story broke in the international shipping industry at the start of this week. A shipper made a move that has the potential to be disruptive to ocean carriers, who run the world's [...]
We've been watching freight rates rise to new heights, breaking record after record, for a year. Is it possible for freight rates to get worse? Yes. And they have. After a period of months with [...]
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