Are Freight Rate Indices & Carrier Fees Useless?
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 [...]
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 [...]
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 [...]
This is staggering. Over 3,000 shipping containers fell into the Pacific Ocean last winter, Tim Lydon reports in the Revelator. We're not talking about all shipping containers lost throughout the [...]
From the West Coast to the East Coast, congestion has been a problem at the ports all year. Congestion at the country's busiest ports – the Ports of Los Angeles and Long Beach – has been [...]
There are three international shipping news stories making headlines this week that shippers should know about. These are the kind of stories that affect U.S. importers and exporters' bottom [...]
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 [...]
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 [...]
As ports are congested on both coasts of the U.S., there's a fully capable terminal at the Port of Charleston where carriers are not sending their ships. Rather than call at this terminal, [...]
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 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 [...]
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 [...]
As the Ports of Los Angeles and Long Beach hit record volumes of imports for March and freight rates reached a new peak, experts are telling us that the days of overcapacity, and the lower [...]
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 [...]
She's afloat once again. The Ever Given, which was stuck sideways in the Suez Canal, has been freed. While one of the companies hired to get the ship free said it could take weeks, in actuality, [...]
You thought port congestion at U.S. ports – the Ports of Los Angeles and Long Beach especially – is bad. You're right. But at least it's possible for ships to get in and out of the ports (it just [...]
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, [...]
Some shippers are looking at Gulf Coast ports like the Port of Houston as possible alternatives to the severely congested ports along the East and West Coasts. Port congestion like we're seeing [...]
It’s early to talk about the 2021 peak season for the international shipping industry; however, with severe congestion at U.S. ports expected to last at least into the summer, 2021’s [...]