Imports to Dramatically Slow in 2022
The Journal of Commerce (JOC) published a very interesting article by Larry Gross. Gross is president and founder of Gross Transportation Consulting and a JOC analyst. Despite the dramatic growth [...]
The Journal of Commerce (JOC) published a very interesting article by Larry Gross. Gross is president and founder of Gross Transportation Consulting and a JOC analyst. Despite the dramatic growth [...]
In the midst of an early peak season and port congestion, carriers suspend containership calls to the Port of Oakland, according to Bill Mongelluzzo's reporting in the Journal of Commerce [...]
This is staggering. Over 3,000 shipping containers fell into the Pacific Ocean last winter, Tim Lydon reports in the Revelator. We're not talking about all shipping containers lost throughout the [...]
There are three international shipping news stories making headlines this week that shippers should know about. These are the kind of stories that affect U.S. importers and exporters' bottom [...]
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 [...]
As ports are congested on both coasts of the U.S., there's a fully capable terminal at the Port of Charleston where carriers are not sending their ships. Rather than call at this terminal, [...]
Soaring freight rates for the last year plus have significantly cut into shippers' profits. Not surprisingly, these sky-high freight rates have had the opposite effect for carriers. But just how [...]
Over the last year, Universal Cargo has posted so many blogs about the astronomical freight rates the international shipping industry has been seeing, shippers are probably tired of reading about [...]
Freight is an essential part of your business. You need to get your products to your customers, but you rely on various shipping methods to get the job done. That makes freight shipping rates a [...]
This is a guest post by Victor Harper. Logistics, as we know it today, is an essential part of every successful business. You can see its wide application in commercial, non-commercial, [...]
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 [...]
If you thought freight rates couldn't get any higher, carriers responded with, "Hold my beer." We often focus on transpacific freight rates, with the prevalence of importing from China, which [...]
She's afloat once again. The Ever Given, which was stuck sideways in the Suez Canal, has been freed. While one of the companies hired to get the ship free said it could take weeks, in actuality, [...]
You thought port congestion at U.S. ports – the Ports of Los Angeles and Long Beach especially – is bad. You're right. But at least it's possible for ships to get in and out of the ports (it just [...]
This is a guest post by Maggie Simpson. As the backbone of the global economy, international trade has its own history and quirks. Buckle up as we get the lowdown on some of the most bizarre [...]
It’s early to talk about the 2021 peak season for the international shipping industry; however, with severe congestion at U.S. ports expected to last at least into the summer, 2021’s [...]
We're not completely bereft of signs that port congestion, which is so costly to shippers, could start easing soon; however, congestion is at record-setting levels and what's probably the biggest [...]
71 U.S. agricultural industry groups teamed up to write a letter to President Biden, informing him of the injury ocean freight carriers are doing to US agriculture, food, and forestry product [...]
Happy Chinese New Year! This year, the Chinese New Year falls on February 12th, and though it is still February 11th here as I'm typing these words, it is already February 12th in Beijing. [...]
We continue today with a series taking a deep dive into the outlook of international shipping in 2021. Part 1 focused on high ocean freight rates, cargo volume trends, and the potential for a [...]