Want to know what's happening with international shipping right now? You're in the right place. Today's post hits top international shipping news stories affecting shippers' import and export [...]
What goes up must come down. Despite many experts saying we would never see pre-pandemic-level freight rates again when the cost of ocean shipping skyrocketed out of control during and after the [...]
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 [...]
When the International Longshore & Warehouse Union (ILWU) master contract expires, it tends to be bad news for U.S. shippers. Often, a great deal of the focus is on retailers importing from [...]
While the Federal Maritime Commission (FMC) seems to still be figuring out how to enforce the Ocean Shipping Reform Act of 2022 (OSRA), it seems more shipping reform is on the way. John [...]
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 [...]
Ocean freight rates have fallen, for which U.S. importers can rejoice. Readers of Universal Cargo's blog certainly don't need a recap of how freight rates skyrocketed during the pandemic, thanks [...]
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 just days away from being over, so it's time to look forward to 2023. We'll probably have a few posts focused on what the year will have in store for international shipping, but today we [...]
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 [...]
Air freight conditions for shippers are now starkly different from what they were during the pandemic. For the most part, this difference is positive for shippers. Air space and availability is [...]
Imports from Southeast Asia to the U.S. totaled over $231 billion in 2020 alone, and the value of imports from countries like Thailand, Malaysia and Vietnam will grow. Common [...]
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, [...]
Imports for the end of the year were already expected to decline, but at the end of last week the expected decline for October basically doubled. November and December's expected decline [...]
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 [...]
For more than a year, many shippers who have always shipped by sea have turned to air freight for their heavy lifting. There's a reason 90% of goods are transported around the world by ship. [...]
Now that most countries are easing COVID-19 restrictions, ocean shipping processes might improve. However, as of the first half of 2022, you also have to consider the impacts of the [...]
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 [...]