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For years, ocean carriers struggled with overcapacity. It pushed freight rates low, and they lost billions. Over the last couple years, carriers learned more discipline with capacity. Over the [...]

The Federal Maritime Commission (FMC) made a regulation move concerning ocean freight carriers. It's actually a bit of deregulation when it comes to carriers filing service contracts. Maybe it [...]

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 [...]

I've typed the words "ocean freight carriers are notoriously unreliable" so many times over the last decade of writing in Universal Cargo's blog that I should probably have the statement [...]

U.S. agricultural exporters are getting screwed. All the international shipping attention in the U.S. seems focused on importing rather than exporting. International shipping news sources, when [...]

It looks like the practices of ocean carriers during the pandemic and the resulting record-high freight rates have caught the attention of American and Chinese maritime regulatory [...]

A couple weeks ago, we posted a blog about how ocean freight carriers, in the middle of the coronavirus pandemic, went from being projected to lose as much as $23 billion in 2020 to looking like [...]

With the first half of 2020 marked by COVID-19 shutdowns around the world, first in China and eventually in the U.S., ocean carriers' biggest strategy for dealing with decreased shipping demand [...]

What would happen if ocean freight carrier alliances were brought to an end?

Many shippers would cheer as they're currently seeking to make such an outcome a reality. But would it [...]

We're finally seeing news on how carriers will pass higher fuel costs, which are on the way, to shippers.

It seems that all the news around the International Maritime Organization's [...]

You would think the trade war between the U.S. and China would be nothing but bad for transpacific shipping; however, it may have just saved the year for carriers.

Back in June, we [...]

"We're all going to go bust," MOL President and CEO Junichiro Ikeda said to the Financial Times about the near future of ocean carriers in the international shipping industry.

For [...]

Fuel costs have significantly increased this year, causing many carriers to post first-quarter losses for 2018.

At least, carriers are saying higher fuel bunker prices are the cause [...]

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 [...]

It has been a dark time for ocean carriers. Investing heavily in megaships–ships so large they can destroy entire planets–carriers created capacity greatly surpassing disappointing [...]

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 [...]

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 [...]

“Five large terminal companies and one European port authority have joined together to file a discussion agreement with the Federal Maritime Commission (FMC) in attempts to establish a [...]

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 [...]