Maersk & IBM Team to Innovate Shipping - Universal Shipping NewsWatch this video on YouTube Always seeming to be a step ahead of the competition, Maersk is at it again. The industry-leading [...]
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 [...]
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 [...]
The leviathan just ate the top dog. Perhaps that’s a bit overdramatic, but China Cosco Shipping Corporation (Cosco), China’s international shipping leviathan, is now the world’s [...]
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 [...]
What kind of freight rates are shippers getting right now on their ocean shipping? The last time we posted on freight rates was in August with a blog titled Freight Rate Wars: Carriers Strike [...]
THE Alliance members are “falling further behind in the megamax vessel stakes,” Alphaliner was quoted as saying in an article by Mike Wackett in the Loadstar. The headlining point of [...]
The worst is over with Hurricane Irma; however, Florida and Georgia took pretty big hits. Millions are without power. Homes and businesses were damaged. Worse, ABC reported the death toll in the [...]
We haven’t even gotten over Hurricane Harvey, and already another deadly hurricane is headed for U.S. landfall. Hurricane Irma is a category 5 storm that is likely to make landfall in [...]
It was only a matter of time. Well, there still is some time, really. But not much. The first automated containership is scheduled to set sail in 2018. Check out this video from Kongsberg [...]
On Sunday (July 9th, 2017), Cosco Shipping Holdings Co., Ltd. (Cosco); Shanghai International Port Group Co., Ltd (SIPG); and Orient Overseas International Limited (OOIL) announced jointly that [...]
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 [...]
Maersk is the world’s largest ocean carrier by capacity. Not only is the company the industry leader (in more than just size), but Maersk also has more stability than other carriers in [...]
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 [...]
For years now, we’ve talked about overcapacity plaguing carriers in the international shipping industry and putting downward pressure on freight rates. Over the last couple years, freight [...]
CMA CGM Launches New Fee CMA CGM just made a move that we could see ripple through the international shipping industry. The carrier will charge a fee to shippers who are “no-shows” [...]
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 [...]
Despite the reshuffling of ocean carriers into just three alliances–the 2M, Ocean Alliance, and THE Alliance–being described as a disaster, U.S. shippers have seen little impact on [...]
Shippers were worried about potential delays or disruptions that April first’s carrier alliance reshuffle might bring. It turns out, those fears were well founded. Major congestion is [...]