Freight Rates Fell Last Month But Climb Again Now
In July, I went out on a limb as seemingly the only one in the shipping industry to predict ocean freight rates could fall by the end of the year. I turned out to be right. YAY! Headlines like [...]
In July, I went out on a limb as seemingly the only one in the shipping industry to predict ocean freight rates could fall by the end of the year. I turned out to be right. YAY! Headlines like [...]
The peak season is often a time of particular danger for shippers' cargo from cargo theft. For the last 18 months, it has felt like a continuous peak season, with near-record to record high [...]
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 [...]
Check out the Ships Gonna Happen Podcast. Shipping professionals Tony B., David B., and Timmy D. do a great job with the show. On Saturday's episode, they interviewed Universal Cargo's own Jared [...]
When will it end? There are plenty of things people could be saying that about nowadays, but for U.S. shippers, unbelievably high freight rates; terribly congested ports; and disrupted, [...]
It's been a few years since we published guidelines and a video for getting published in Universal Cargo's blog, and it's high time for an update. I receive many email queries and submissions [...]
International shipping, with its ocean freight sector in particular, is a volatile industry. Freight rates go up and down like a roller coaster. But not in the last year. Ocean freight rates have [...]
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 [...]
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 [...]
It’s a classic case of good news, bad news. After Tuesday’s bad news blog about Yantian Port’s partial shutdown lingering and creating a “worse-than-Suez” level of [...]
We've been watching freight rates rise to new heights, breaking record after record, for a year. Is it possible for freight rates to get worse? Yes. And they have. After a period of months with [...]
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 [...]
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 [...]
Freight is an essential part of your business. You need to get your products to your customers, but you rely on various shipping methods to get the job done. That makes freight shipping rates a [...]
Freight rates from Asia to the U.S. are still very high. In fact, still historically so according to Greg Miller's American Shipper article published on Tuesday. However, they have come down a [...]
If you thought freight rates couldn't get any higher, carriers responded with, "Hold my beer." We often focus on transpacific freight rates, with the prevalence of importing from China, which [...]
It was hoped the high freight rates we've been seeing for about a year now in the international shipping industry would finally start easing back down at this point; however, it appears reprieve [...]
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 [...]