Decoding OSRA… New Series
Approaching a year after the bipartisan Ocean Shipping Reform Act of 2022 (OSRA) was signed into law, we've only barely begun to see its impact. It's been loftily described as crucial and the [...]
Approaching a year after the bipartisan Ocean Shipping Reform Act of 2022 (OSRA) was signed into law, we've only barely begun to see its impact. It's been loftily described as crucial and the [...]
There are lines in current news outlet articles that shippers, importers in particular, will actually be happy to read: "Trans-Pacific shipping rates have plummeted roughly 75% from year-ago [...]
President Biden is about to sign a piece of legislation into law: The Ocean Shipping Reform Act of 2022 (OSRA). The president claims that this "will solve a big piece of [inflation]." The [...]
It's generally accepted that World War II ended the Great Depression. Could the Russia conflict end America's supply chain crisis? Or at least mitigate it? Hmmm... Greg Miller wrote an American [...]
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 [...]
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 [...]
We continue today with a series taking a deep dive into the outlook of international shipping in 2021. Part 1 focused on high ocean freight rates, cargo volume trends, and the potential for a [...]
Today we continue our examination of freight rates and the outlook of the international shipping industry for 2021. Part 1 of this series looked at the high freight rate prices the international [...]
This is a guest post by Paul Zhang. The epidemic made the entirety of 2020 beyond all expectations. Global trade stirred by the "black swan" of the epidemic ushered in a great recession and fell [...]
International shipping in 2021 continues right where 2020 left off. That sentence sounds obvious, but what it means is an abnormal start to the year when it comes to ocean freight shipping, and [...]
Transpacific shipping is strong right now. Despite predictions by experts earlier in the year that 2020 would see no international shipping peak season, we have had and are in a strong one. Will [...]
No-roll premiums? What's that? Hopefully, as a shipper, you've never heard of a no-roll premium. Unfortunately, many shippers are finding out about them right now as they're being forced to [...]
We promised to blog on this, so here it is... the controversy surrounding low sulfur surcharges. Big news events affecting the international shipping industry, specifically the Phase One Trade [...]
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 [...]
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 [...]
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 [...]
This is it! Universal Cargo's final blog of 2018!
It's become a tradition over the last couple years to make the last blog of the year a look back on the year's top 10 international [...]
Traditionally, when it comes to international shipping, there are two major modes to choose between: ocean freight and air freight. But now, shippers are starting to eye a combination service [...]
In light of digital technologies, big data, and the Internet of Things–yes, the 4th Industrial Revolution–the global management consulting firm McKinsey & Company imagined what [...]