In trying to make sense of recent sea freight and air cargo rate fluctuations, we’ve gathered information from several sources and made the following observations:1) Rates are going up and [...]
Below is a list of major shipping lines and other companies related to shipping with updated news and information concerning the radiation crisis in Japan. Please visit these sites to learn more [...]
The last post was about how nobody knows anything about what will happen with the International Longshoremen's Association (ILA) contract negotiations, with its potential to highly disrupt [...]
The situation in the Gulf of Aden and Red Sea, forcing ocean freight carriers to route ships away from the Suez Canal, got worse yesterday (Wednesday, March 6th). Antisemitic, Iran-backed Houthi [...]
Controversy continues to swirl around the Federal Maritime Commission's (FMC's) proposed rules on "unreasonable refusal to deal or negotiate with respect to vessel space accommodations provided [...]
So some have deemed to tell you there is no peak season this year? Virginia, your little friends are wrong. They have been affected by the skepticism of a skeptical age. There is, indeed, a peak [...]
As always, we here at Universal Cargo are keeping an eye on international shipping news, so you don't have to. Two big items in shipping news right now are the upcoming peak season and the fight [...]
Shippers, get ready for the freight rate war saga of the ocean carriers to continue. Perhaps the biggest reason for shippers to pay attention to what's happening with carriers is because it [...]
Maersk doesn't believe any of the ocean freight carriers outside of itself and Mediterranean Shipping Company (MSC) have the ability to stand alone. For this reason, the company doesn't believe [...]
It's become something of a habit when talking about the sister ports of Los Angeles and Long Beach to mention they're the busiest port complex in the U.S. in terms of cargo volume brought in [...]
2022 is nearly over, so it's time to look back on the year and digest what happened. Here at Universal Cargo, we like to count down the top international shipping news stories we covered from [...]
Mediterranean Shipping Company (MSC), the world’s largest ocean freight carrier by capacity, has been making moves that could position itself to leave the 2M Alliance it has with Maersk, [...]
The Wall Street Journal headlined an article yesterday with "Ocean Shipping Rates Have Plunged 60% This Year." Costas Paris reports in the article: "The cost to ship a 40-foot container from [...]
West Coast ports, East Coast ports, Gulf Coast ports... we're seeing congestion all over. A great deal of the focus lately has been on congestion at East and Gulf Coast ports as many shippers are [...]
Small and medium-sized companies rely on shipping processes to send their goods to the appropriate destinations. However, current record inflation highs make these efforts more difficult for the [...]
You know all that bragging the Biden Administration has done over the last four months about getting the Ports of Los Angeles and Long Beach to go 24/7 to fight congestion? Yeah, the ports are [...]
This is a guest post by Matthew Rayden. The pandemic has played havoc on anyone looking to make a living by importing and exporting goods. The question we are left with is just how bad the [...]
Keith Wallis reported in a Journal of Commerce article this week that South Korea's Fair Trade Commission fined ocean freight carriers over $80 million for collaborating in setting freight [...]
Three-month-plus transit times for sailings goods across the Pacific? After more than a year of severe congestion at U.S. ports, especially at the Ports of Los Angeles and Long Beach and along [...]
This will be the last blog I post in 2021, so I can spend the holidays with family. What better time to do a look back at the year's top international shipping news stories? This year, stories [...]