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 [...]
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 [...]
We live in a global economy where about 90% of the world's goods are transported by sea, but it hasn't been smooth sailing for the ocean freight shipping industry in recent years. And the waters [...]
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 [...]
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 [...]
Back in November, we blogged about Maersk no longer being the number one carrier. Today’s blog headlines with Maersk still being number one. So what gives? The previous blog was about who [...]
This is it! Universal Cargo’s final blog of 2017. This year certainly seems to have gone by fast. Last year, we began a new tradition of ending the year in the blog with a look back at the [...]
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 [...]
In light of digital technologies, big data, and the Internet of Things–yes, the 4th Industrial Revolution–the global management consulting firm McKinsey & Company imagined what [...]
Maersk is the largest carrier by capacity in international shipping and clearly the leader of the industry. We’ve talked about this before in Universal Cargo’s blog: The moves Maersk [...]
On the latest Global 100 Most Sustainable Corporations in the World, Mitsui OSK Lines (MOL) & Nippon Yusen Kaisha Line (NYK) are selected as the greenest ocean shipping lines from its [...]
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