International shipping industry news? You’ll find it in Global Trade. Check out trade articles about ocean carriers and port destinations.
Ocean carriers have become the standard for connecting trading partners from different geographies, especially when large volumes of freight must be sent over significant distances. Freight costs on carriers are among the lowest available, making these remarkable ocean liners the preferred choice for shipments that are not adversely impacted by a longer transportation time – anywhere from 10 to 30 days. However, maintaining these lower costs has been a challenge in an asset-heavy, highly competitive industry that requires considerable financial investment – not just in the ships themselves, but in fuel and carriers as well. This may be one reason why many major carriers have expanded their services to also incorporate freight consolidation, warehousing, and truck and rail service, so shipments can literally now be made door-to-door rather than port-to-port.
Deepwater Ports, Roads, and Telecommunications are National Requirements
“The United States, through Alaska, is a significant Arctic nation with strategic, economic, and scientific interests,” asserts a new Council on Foreign Relations-sponsored (CFR) independent task force report, “Arctic Imperatives: Reinforcing US Strategy on America’s Fourth Coast.” With the Arctic “warming at twice the rate as the rest of the planet” and melting sea ice… Read More
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