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Shrinking Carrier Competition: Japan’s 3 Big Carriers Merging
Picture: Container ship MOL Presence passing the Golden Gate Bridge by Chris Isherwood News broke this weekend that Japan’s three biggest shipping companies are merging. On October 31st, Mitsui O.S.K....
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Top 10 International Shipping Stories of 2016
pic: flickr iabusa 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...
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2017 International Shipping Predictions
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 blog...
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Port Alliance Era Is For Real
international shipping cargo ship port 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...
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How Stable Will Freight Rates Be in 2017?
Carriers could finally get some freight rate stability going in 2017. Traditionally, freight rates are a very volatile thing in the international shipping industry. In the last few years, however, low...
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Air Freight Is Up on 5 Year High
Despite slow, even what some would call stagnant, growth in international trade over the last several years, the air freight sector saw healthy growth in cargo demand during 2016. In fact, it was the...
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Is It Time to Change or Replace Ocean Shipping Reform Act?
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 lines in...
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What’s Happening With International Shipping Freight Rates?
For years now, we’ve talked about overcapacity plaguing carriers in the international shipping industry and putting downward pressure on freight rates. Over the last couple years, freight rates hit...
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Freight Rate Wars: Carriers Strike Back
It has been a dark time for ocean carriers. Investing heavily in megaships–ships so large they can destroy entire planets–carriers created capacity greatly surpassing disappointing global trade...
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How To Get an Accurate Freight Quote
Imagine going into a restaurant, being seated, and when the waiter asks to take your order, you request the check. Seems kind of odd right? Like maybe a few steps were missed? Well, that’s a lot like...
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Maersk Expects Carrier Competition to Shrink to 3 Global Companies
Maersk Cargo Ship pic: Maersk Line Maersk is the largest carrier by capacity in international shipping and clearly the leader of the industry. We’ve talked about this before in Universal Cargo’s blog:...
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What’s Happening with Ocean Freight Rates?
What kind of freight rates are shippers getting right now on their ocean shipping? The last time we posted on freight rates was in August with a blog titled Freight Rate Wars: Carriers Strike Back. I...
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Which Carriers Will Be the Final 3 to Survive?
Last month, Maersk said it expects carrier competition to shrink to only three global companies. It’s possible that Maersk is wrong, but it’s hard not to take the words and predictions of the clear...
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Freight Rates to Hit Record Lows Again in 2018?
It’s bad news for ocean freight carriers but good news for U.S. shippers. At least, it’s good news for U.S. shippers in the short run. 2018 could see transpacific freight rates drop to record lows....
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Top 10 International Shipping News Stories of 2017
pic: flickr iabusa This is it! Universal Cargo’s final blog of 2017. This year certainly seems to have gone by fast. Last year, we began a new tradition of ending the year in the blog with a look back...
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Maersk Still Number One Carrier by Capacity
Maersk Cargo Ship pic: Maersk Line Back in November, we blogged about Maersk no longer being the number one carrier. Today’s blog headlines with Maersk still being number one. So what gives? The...
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More Carrier Imposed Freight Rate Increases Could Be Good for Shippers?
Get prepared for more increases in ocean freight rates from Asia to the U.S. As an international shipper importing from places like China to the U.S., the last thing you want to see is a blog title...
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Where Did All the Chassis Go, Ocean Freight Carriers?
APL has joined the bandwagon of ocean freight carriers to stop carrying their own chassis for truckers to use in transporting the ocean freight shipping containers. While this is not the case around...
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Carriers Attempt Revenue Grab on Transpacific Imports & Exports
The transpacific carrier market is in transition and many in the industry are trying to determine how best to profit by marginal economic growth in US markets. This marginal growth (up 5% from this...
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Could a Trend of Decreasing Freight Rates Be Approaching?
If you’re an international shipper, freight rates are important to you. How much you pay to import and export your goods is a big factor for your bottom line. 2011 was a great year for international...
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