Guest Post by Ryan Hoek The standard shipping container is a widely used medium for loading, unloading and transporting goods from one international port to a distribution center across the [...]
Japan’s “Big 3” shipping companies—K Line, MOL, and NYK— joined forces to form the joint venture Ocean Network Express (ONE). And starting today (February 1st, 2018) you can [...]
TOP 10 INTERNATIONAL SHIPPING NEWS STORIES OF 2017 - Universal Shipping NewsWatch this video on YouTube This is it! Universal Cargo’s final blog of 2017. This year certainly seems to have [...]
The Federal Maritime Commission (FMC) is losing another commissioner. Commissioner William P. Doyle announced in a press release yesterday (November 27th) that he is stepping down from the FMC: [...]
Last month, Maersk said it expects carrier competition to shrink to only three global companies. It’s possible that Maersk is wrong, but it’s hard not to take the words and [...]
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 [...]
China has beef with the U.S. again, and it’s worth billions of dollars. The Port of Oakland wants in on that money, and is spending $11 million to be a part of it. It was almost exactly a [...]
President Trump signed two executive orders last week to attack trade abuses and the United States’ trade deficit. The executive order going after trade abuses is focused on enforcement of [...]
We talk about how volatile the international shipping industry is in terms of freight rates all the time. But international shipping news can be quite volatile too, with stories taking twists and [...]
The Emergence of SM Line It sounds like the story of the phoenix: SM Line rising “from the ashes of Hanjin.” But perhaps the better mythological creature to describe this story is the [...]
Hanjin Container Ship Photo by: Flickr user Ingrid Taylar The Emergence of SM Line It sounds like the story of the phoenix: SM Line rising “from the ashes of Hanjin.” But perhaps the better [...]
2017 international shipping predictions Happy New Year! Welcome to 2017, shippers. Last week, in the last blog of 2016, we took a look back at the top stories of the year. This week, in the first [...]
This is it! Universal Cargo’s last blog of 2016. What better way to close out the year than with a look back on the top international shipping stories of 2016. Below you’ll find a [...]
It came out over Thanksgiving weekend that the major carrier Hamburg Süd could be up for sale. Immediately, speculation began about who would acquire the company with the names of other carriers [...]
News broke this weekend that Japan’s three biggest shipping companies are merging. On October 31st, Mitsui O.S.K. Lines Ltd. (MOL), Nippon Yusen Kabushiki Kaisha (NYK), and Kawasaki Kisen [...]
Will we see more major carriers, like Hanjin, go bankrupt soon? According to the work of a major research company in the international shipping industry, it looks not only possible but likely. [...]
There could not have been a worse time for one of international shipping’s major ocean carriers to sink than peak season. However, that’s exactly what’s happened with Hanjin [...]
Hanjin Container Ship Photo by: Flickr user Ingrid Taylar There could not have been a worse time for one of international shipping’s major ocean carriers to sink than peak season. However, that’s [...]
South Korea might have been taking notes when China pushed for the merger of its two, big, state-owned shipping companies, Cosco Group and China Shipping Group. South Korea may force Hanjin [...]