Decoding OSRA… New Series
Approaching a year after the bipartisan Ocean Shipping Reform Act of 2022 (OSRA) was signed into law, we've only barely begun to see its impact. It's been loftily described as crucial and the [...]
Approaching a year after the bipartisan Ocean Shipping Reform Act of 2022 (OSRA) was signed into law, we've only barely begun to see its impact. It's been loftily described as crucial and the [...]
This is a guest post by Olivia Montgomery. If you are undecided on the best method of shipping goods, then we have a guide that might just help! Check out our guide on how to unleash your [...]
It's no secret that the international shipping industry, even for all the supply chain disruptions and bottlenecks, did very well during the pandemic. There was a shipping demand boom, but now [...]
As always, we here at Universal Cargo are keeping an eye on international shipping news, so you don't have to. Two big items in shipping news right now are the upcoming peak season and the fight [...]
Want to know what's happening with international shipping right now? You're in the right place. Today's post hits top international shipping news stories affecting shippers' import and export [...]
Democrat and Republican lawmakers seem to have found something they can agree on: the international shipping industry, and ocean freight sector in particular, needs regulatory change. On Monday, [...]
The International Longshore & Warehouse Union (ILWU) claimed today to have reached a "tentative agreement" with the Pacific Maritime Association (PMA) on "certain key issues." Immediately, it [...]
The Ports of Los Angeles and Long Beach suddenly shut down Thursday night. The closure of the country's busiest port complex continued Friday. "Terminals noted they closed due to labor [...]
One of the things we often do in Universal Cargo's blog is give shippers an outlook for how the international shipping freight rate market is behaving and looks to behave. Over the years, [...]
Last week, four witnesses representing U.S. and international supply chain stakeholders appeared before the House's Coast Guard and Maritime Transportation subcommittee to speak and be questioned [...]
A group of 238 state, local, and federal trade associations sent a letter to President Biden, imploring him and his administration to mediate the International Longshore & Warehouse Union [...]
This is a guest post from Anthony Mwangi. In this post, Anthony from Ameritrans shares 10 things to look for when engaging an international shipping company. 1. Delivery Speed The most crucial [...]
What goes up must come down. Despite many experts saying we would never see pre-pandemic-level freight rates again when the cost of ocean shipping skyrocketed out of control during and after the [...]
Shippers, get ready for the freight rate war saga of the ocean carriers to continue. Perhaps the biggest reason for shippers to pay attention to what's happening with carriers is because it [...]
With great capacity comes great responsibility. And the international shipping industry is about to have a giant influx of ocean freight capacity. With the arrival of March, new container ships [...]
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 [...]
At last there’s news about the International Longshore & Warehouse Union (ILWU) contract negotiations. After months of being completely stalled, negotiations have reportedly resumed. [...]
Maersk doesn't believe any of the ocean freight carriers outside of itself and Mediterranean Shipping Company (MSC) have the ability to stand alone. For this reason, the company doesn't believe [...]
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 [...]
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 [...]