Freight Rates to Hit Record Lows Again in 2018?
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 [...]
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 [...]
Sexy is not a word typically used to describe international shipping. Boring. Yeah, that’s a more typical description. Of course, boring isn’t exactly the type of description to [...]
By December 18th, the trucking industry must use electronic logging devices. This electronic logging device (ELD) mandate will likely not only affect truckers but also significantly impact [...]
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 [...]
Big, bold letters reading, “Fourth Industrial Revolution will disrupt shipping” headline an article Wolfgang Lehmacher wrote for the Journal of Commerce (JOC). Is this just a [...]
Is international shipping manipulating weather? Controlling the weather has often captured our imagination in popular fiction. Examples include the upcoming movie Geostorm about weather [...]
The biggest news to hit U.S. Shippers and international shipping last week was also the biggest hurricane to hit the U.S. in a decade. We shared how Hurricane Harvey hurt the supply chain last [...]
I read something very disturbing this week. According to a brief from Supply Chain Dive, most cargo imported to the U.S. travels uninsured. In fact, according the brief, 9 out of 10 shipping [...]
The Port of Virginia just had a very good fiscal year. In a press release from Port of Virginia Spokesman Joseph D. Harris, the port reported: The Port of Virginia® handled 231,675 twenty-foot [...]
In this age when people and businesses are more and more dependent upon technology, it seems no company–no matter how big–is invulnerable to cyber attack. Or is it cyberattack? Or [...]
CMA CGM and Maersk announced in a joint press release Tuesday (June 13th) that the former is acquiring Mercosul Line from the latter: CMA CGM and Maersk Line have announced today that they have [...]
Kawasaki Kisen Kaisha, Ltd. (K Line), Mitsui O.S.K. Lines, Ltd. (MOL), and Nippon Yusen Kabushiki Kaisha (NYK) have given a name to their upcoming joint venture. In a joint press release [...]
Now that international shipping is dominated by three carrier alliances, the 2M, OCEAN Alliance, and THE Alliance, many shippers are worried about freight rate collusion between the shipping [...]
It’s back! The most entertaining way to look at definitions of international shipping terms: comparing Logistics Glossary definitions to their Urban Dictionary counterparts. Let’s [...]
This is unprecedented news. The International Longshore & Warehouse Union (ILWU) is actually going to vote on an early contract extension. Chris Dupin reports in American Shipper: The [...]
It’s official. People are obsolete. Okay, not really. But by watching the video above that was posted on Youtube by James Vincent, you can see how technology is taking over shipping. [...]
Freight forwarders and non-vessel operators (NVOs) have been under a great deal of scrutiny for their lack of automation lately. For anything consumers want, they can go online and with a [...]
With all the alliances of carriers in the international shipping industry, it was inevitable that ports and terminals would begin forging alliances too. A little less than a month ago, we posted [...]
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 [...]