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 [...]

Early Contract Extension May Happen with Dockworkers at East & Gulf Coast Ports

Something has changed at U.S. ports. And it’s a good thing for shippers. The International Longshore & Warehouse Union (ILWU) agreed to an early contract extension in August that brings [...]

Which Carriers Will Be the Final 3 to Survive?

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 [...]

What’s Happening with Ocean Freight Rates?

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 [...]

Maersk Expects Carrier Competition to Shrink to 3 Global Companies

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 [...]

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