Now that international shipping is dominated by three carrier alliances, the 2M, OCEAN Alliance, and THE Alliance, many shippers are worried about freight rate collusion between the shipping [...]
$66 million seems like a lot of money. Imagine losing that much in 3 months. For most of us, that’s hard to imagine because we’ve never even seen $1 million let alone $66 million. [...]
As of today (March 30, 2017), the Federal Maritime Commission’s (FMC) approval of the cooperation agreement between Hyundai Merchant Marine (HMM) and the 2M alliance members, Maersk and MSC [...]
The current East and Gulf Coast labor contract between the International Longshore Association (ILA) and the United States Maritime Alliance, Ltd. (USMX) expires next year. While shippers and the [...]
With all the alliances of carriers in the international shipping industry, it was inevitable that ports and terminals would begin forging alliances too. A little less than a month ago, we posted [...]
It was a surprise move back in November when Korea Line swooped in to buy Hanjin Shipping’s Asia-U.S. assets. South Korea’s second largest bulk shipping company saw it as an [...]
2017 international shipping predictions Happy New Year! Welcome to 2017, shippers. Last week, in the last blog of 2016, we took a look back at the top stories of the year. This week, in the first [...]
This is it! Universal Cargo’s last blog of 2016. What better way to close out the year than with a look back on the top international shipping stories of 2016. Below you’ll find a [...]
During these trying times for ocean carriers in the international shipping industry, carrier alliances dominate the shipping lines, sharing ship operations to reduce costs. On the outside looking [...]
It came out over Thanksgiving weekend that the major carrier Hamburg Süd could be up for sale. Immediately, speculation began about who would acquire the company with the names of other carriers [...]
If you’re a shipper and you’ve heard the words “blank sailing,” there’s a decent chance they were accompanied by frustration. That’s because blank sailing [...]
As of Monday, the OCEAN Alliance has been cleared for business–at least as far as the Federal Maritime Commission (FMC) is concerned. However, the vessel sharing agreement between CMA CGM, [...]
Don’t look now, but it seems like the honeymoon might be over between Maersk and Mediterranean Shipping Company (MSC) in their 2M Alliance. There is no news about the premier carrier [...]
Well, this might be a little bit early–notices are reported to start going up tomorrow at the earliest–but Hanjin Shipping’s Asia-U.S. operations are going up for sale. The [...]
Despite the fact that Hanjin Shipping has been in financial trouble for a long time, the ocean carrier’s collapse last week is major news. The entire shipping industry is affected by South [...]
After years of labor and billions of dollars have been invested in expanding the Panama Canal to allow much larger cargo ships through, many shippers worry sending their cargo through the canal [...]
All the rumors have led up to this… A big, new carrier alliance has been announced: The Ocean Alliance. After China Cosco Group and China Shipping Group merged to form China Cosco [...]
A $500 million rail project that would serve the Port of Los Angeles, and certainly the Port of Long Beach too, is on the verge of being scrapped. Over a decade in the making, the Southern [...]
It’s a showdown for the ages. The two heavyweights of the international shipping industry facing off. In one corner: Air Freight. In the other corner: Ocean Freight. This is like Ali vs. [...]
If there is an industry where efficiency and productivity matter (and is there an industry where it doesn’t?), it is international shipping. For years, technology has existed, been [...]