Whether you need to move goods across the state or across the country, choosing a domestic freight forwarder to handle the job for you is a wise business move. Professionals in the freight moving [...]
You won't find a more complete roundup of how the coronavirus pandemic is affecting international shipping, specifically the ocean freight sector, right now than this blog post here. This [...]
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 [...]
In case anyone actually needed more evidence for the volatility of freight rates, ocean shipping prices just swung in the opposite direction again. After blogging just a week ago about a surge in [...]
This year, freight rates in the traditionally peak season months have behaved untraditionally. Instead of seeing higher freight rates, this peak season was full of falling freight rates. However, [...]
Normally, freight rates increase this time of year during international shipping's peak season when shippers are importing more goods than usual to stock up for the big holiday shopping season. [...]
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 [...]
The trade war between the U.S. and China drags on without an end in sight. However, things are not all bad news for U.S. importers. Shippers who import from China got good news last week as Trump [...]
Less than half a year away from the IMO 2020 cleaner fuel mandate, the International Association of Dry Cargo Shipowners (INTERCARGO) put out a media release raising safety concerns around the [...]
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 [...]
The share of shipments in the international shipping industry going to freight forwarders and Non-Vessel-Operating Common Carriers (NVOCC) is increasing.
Furthermore, it is not just [...]
Two weeks ago, when this blog last checked in on freight rates, they were falling. Massively. This week, transpacific freight rates rise significantly with a wave of General Rate Increases (GRI), [...]
Hyundai Merchant Marine (HMM) made headlines this week for doing something all businesses should do — focusing on customers. Correction: HMM made headlines for saying it would focus on [...]
International shipping spot rates are, not surprisingly, falling at the moment. But they have been falling massively.
Freight rate pricing tends to fall after the Chinese New Year as [...]
Are you unhappy with your current freight forwarder? It might be time to change your freight partner. To be sure you are changing a freight forwarder at the right time, look for these telltale [...]
We've noticed an uptick recently in international shipping scams by fraudulent individuals or companies impersonating freight forwarders.
We here at Universal Cargo hate to see [...]
A couple years ago in San Francisco, the world's major ocean freight carriers were holding a biannual Box Club meeting when the U.S. Department of Justice (DOJ) burst in on them with a raiding [...]
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 [...]
Transpacific freight rates are soaring high right now and not just because it's peak season.
Shippers have been rushing to beat tariff increase dates on imports from China, [...]