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Merger from Rumors to Reality To be clear, a merger has not happened yet. But first there were rumors. Then there were confirmed merger talks.  It seems all but inevitable that the rankings [...]

Merger from Rumors to Reality To be clear, a merger has not happened yet. But first there were rumors. Then there were confirmed merger talks.  It seems all but inevitable that the rankings of [...]

Yes, it’s another story of shrinking carrier competition in the international shipping industry. China Ocean Shipping Co., perhaps better known as Cosco, and China Shipping Co. are forming an [...]

by Jared Vineyard It’s not official yet, but it appears the German shipping company Hapag-Lloyd is merging with the Chilean shipping company Compania Sud Americana de Vapores (CSAV). 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 [...]

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 [...]

This is a guest post by Geoff Whiting. Freight rates can fluctuate wildly, and those fluctuations can have a significant impact on your bottom line. For manufacturers, these are even more [...]

What goes up must come down. Despite many experts saying we would never see pre-pandemic-level freight rates again when the cost of ocean shipping skyrocketed out of control during and after the [...]

Shippers, get ready for the freight rate war saga of the ocean carriers to continue. Perhaps the biggest reason for shippers to pay attention to what's happening with carriers is because it [...]

With great capacity comes great responsibility. And the international shipping industry is about to have a giant influx of ocean freight capacity. With the arrival of March, new container ships [...]

High freight rates have become a motif in Universal Cargo's blog over the last year. That's not surprising as freight rates have climbed and climbed, breaking record after record, much to the [...]

Maritime research firm Drewry is predicting the same thing we've been saying here in Universal Cargo's blog for a while: high freight rates aren't going away with the pandemic. Mike Wackett [...]

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 rates in the international shipping industry are always volatile, especially for small to medium shippers who play the spot market for their import and export pricing. There are many [...]

Mediterranean Shipping Company (MSC), the world's second largest ocean freight carrier by capacity for the moment, put out a press release on Monday concerning its executive leadership: MSC [...]

This is a guest post by David Fan. Get a perspective from a freight forwarder on what digitalization means for the future of the companies shippers import and export their goods through by [...]

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 [...]

This is a guest post by Emily Marchant.

Because of the international shipping industry's volatility and the surge of shipments that happened in July of 2018 and lasted until the end [...]

We live in a global economy where about 90% of the world's goods are transported by sea, but it hasn't been smooth sailing for the ocean freight shipping industry in recent years. And the waters [...]

This is it! Universal Cargo's final blog of 2018!

It's become a tradition over the last couple years to make the last blog of the year a look back on the year's top 10 international [...]