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 [...]
Parenting 101 from the Ports of Los Angeles & Long Beach On Tuesday, in yet another blog post about the Ports of Los Angeles and Long Beach postponing the outrageous container dwelling fees [...]
The Ports of Los Angeles and Long Beach announced another postponement in the assessment of the enormous fees they originally announced were going into effect on November 1st. When announced, the [...]
This is a guest post by Jason Godfrey. When reading up about shipping, we tend to focus on the more industrial aspects of it. And, while it is essential to learn about logistics advancements and [...]
The Ports of Los Angeles and Long Beach seem happy to keep dangling the threat of incredibly high container dwell fees to induce movement of import shipping containers out of the ports' [...]
At the beginning of the month, we blogged about $100-per-day fines the Ports of Los Angeles and Long Beach were to impose on carriers for lingering containers. The carriers immediately said [...]
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 [...]
It appears the Ports of Los Angeles and Long Beach and their partners think they can climb out of congestion by charging hefty fines on cargo containers stuck on the docks. Big surcharges, [...]
This is a guest post by Jake Rheude. Global supply chains and disruptions have gone hand-in-hand for the past few years, and many companies are hoping 2022 will be different. The best way to [...]
Speaking in the East Room on Wednesday (October 13th), President Biden announced: "After weeks of negotiation and working with my team and with the major union and retailers and freight movers, [...]
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, [...]
This is a guest post by Emma Pogg. If you think your supply chain has been optimized as best as it can because you’ve made sure to get the best raw materials and send out your products as [...]
Over the last year and a half, shippers might have thought they'd seen it all. Astronomical freight rates, hundreds of blanked (cancelled) sailings, no-roll fees that basically amount to holding [...]
Congestion at U.S. ports has been a problem without relief for the last year. When there is already longstanding congestion before the peak season – which we're deep into now – hits, you know [...]
Right now, there are a few governmental moves concerning international shipping that should pique U.S. shippers' interest. First, the Federal Maritime Commission (FMC) voted to proceed with two [...]
Let’s talk rail and what’s happening with getting shipping containers out of the Port of Los Angeles, so your goods can get to your businesses around the U.S. Universal Cargo’s [...]
It's officially a trend. Shippers are chartering ships to exclusively carry their goods. We're not talking about just any shippers, of course. Big retailers, beneficial cargo owners (BCOs) who [...]
At the beginning of August, we shared a story in Universal Cargo's blog about a U.S. shipper, MCS Industries, filing an official complaint with the Federal Maritime Commission (FMC) that accused [...]
In the last blog we talked about the very likely scenario that, with the master contract for the International Longshore & Warehouse Union (ILWU) expiring in less than a year, contract [...]
Today, we continue our look at governmental pressure on the international shipping industry. Having watched carrier competition shrink over the last decade until reaching the point we're at now, [...]