On Friday, the Federal Maritime Commission (FMC) served its initial decision, fining Hapag-Lloyd over $800,000 for violating the Shipping Act by assessing unfair detention fees against a drayage [...]
On Tuesday (March 15th, 2022), the Biden Administration put out a "fact sheet" in announcing a freight data exchange program with the intention of improving the still badly congested supply [...]
To help shippers improve their international shipping, Universal Cargo’s blog often points out problems with, risks to, and likely disruptions in the supply chain. The goal of making [...]
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 [...]
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 [...]
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 [...]
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 [...]
As the Ports of Los Angeles and Long Beach hit record volumes of imports for March and freight rates reached a new peak, experts are telling us that the days of overcapacity, and the lower [...]
I've typed the words "ocean freight carriers are notoriously unreliable" so many times over the last decade of writing in Universal Cargo's blog that I should probably have the statement [...]
U.S. agricultural exporters are getting screwed. All the international shipping attention in the U.S. seems focused on importing rather than exporting. International shipping news sources, when [...]
You won't find a more complete roundup of how the coronavirus pandemic is affecting international shipping, specifically the ocean freight sector, right now than this blog post here. This [...]
What's worse, air pollution or pollution pumped into the ocean that could make the seafood you eat toxic? The transition to the new IMO 2020 regulation that requires a sulfur emissions cap of [...]
Freight rates in the international shipping industry are always volatile, especially for small to medium shippers who play the spot market for their import and export pricing. There are many [...]
Mediterranean Shipping Company (MSC), the world's second largest ocean freight carrier by capacity for the moment, put out a press release on Monday concerning its executive leadership: MSC [...]
Maersk predicted, a couple years ago, that carrier competition would shrink to just 3 global companies. Of course, Maersk is at the top of the list of carriers expected to be left if its [...]
The trade war between the U.S. and China drags on without an end in sight. However, things are not all bad news for U.S. importers. Shippers who import from China got good news last week as Trump [...]
Less than half a year away from the IMO 2020 cleaner fuel mandate, the International Association of Dry Cargo Shipowners (INTERCARGO) put out a media release raising safety concerns around the [...]
One of the biggest issues of our time is global warming. The ocean freight sector of the international shipping industry, in particular, faces an incredible challenge of reducing its greenhouse [...]
There are a number of stories about ocean freight carriers making headlines right now. So let's round up the top ones and put them all in one blog.
Read Universal Cargo's newest blog [...]
Hyundai Merchant Marine (HMM) made headlines this week for doing something all businesses should do — focusing on customers. Correction: HMM made headlines for saying it would focus on [...]
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