Keith Wallis reported in a Journal of Commerce article this week that South Korea's Fair Trade Commission fined ocean freight carriers over $80 million for collaborating in setting freight [...]
There are two news stories worthy of shippers' attention today. The first pertains to air freight while the second has to do with ocean freight. On the air side, we have a story about suspended [...]
It's said that the United States Congress can't work together. It's said that Democrats and Republicans can't agree on anything – that all they do is fight with each other. If that's the rule, [...]
This is a guest post by Jason Godfrey. When reading up about shipping, we tend to focus on the more industrial aspects of it. And, while it is essential to learn about logistics advancements and [...]
With Universal Cargo launching a new air freight division, I caught up with CEO Devin Burke and Charles Freeman, Business Development, who's heading up the division to find out more. They [...]
This is a guest post by Lance Peterson. The import/export business has always been a lucrative affair. However, where there is money to be had, there are mistakes to be made. It's a sort of [...]
This is a guest post by Frank Bale. The supply chain industry is typically a rather serious topic. Millions and millions of people count on it not only for luxury goods but quite often for [...]
How about some good news for a change? There was a cyber attack on the Port of Houston. No, that's not the good news. The good news is the port was able to thwart the attack. Last week, the port [...]
While shippers have been complaining and accusing ocean freight carriers of profiteering and unfair practices since the pandemic hit (and for years before that as well), there have not been major [...]
This is a guest post by Marcus Dokken. International trade was, and still is, one of the main drivers of economic expansion. We might even say that it's directly responsible for shaping the [...]
Mike Wackett wrote an article in the Loadstar that might make shippers consider ocean freight spot rate indices and the fees ocean freight carriers have been charging to guarantee service as [...]
An intriguing story broke in the international shipping industry at the start of this week. A shipper made a move that has the potential to be disruptive to ocean carriers, who run the world's [...]
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 [...]
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 [...]
This is a guest post by Brad Smith. In 2012, to better get the edge over the competition, Maersk teamed up with Ericsson, the Swedish telecommunications company, to create a remote container [...]
The way ocean freight rates have skyrocketed in 2020 and into 2021, it became expected that the big U.S. shippers – the beneficial cargo owners (BCOs) of the world like Walmart, Target, Best Buy, [...]
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 [...]
This is a guest post by Paul Zhang. The epidemic made the entirety of 2020 beyond all expectations. Global trade stirred by the "black swan" of the epidemic ushered in a great recession and fell [...]
On November 30th, the MV One Apus had a massive shipping container collapse as it was hit by a storm and massive waves in the Pacific Ocean on its way to the Port of Long Beach. We blogged about [...]