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.
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The Chinese government has announced that it is extending the ban it imposed last year on imports of items like… Read More
If you’re familiar with the study of macroeconomics, you’ll know that this relates to the core economic factors that impact… Read More
Maersk Line will test what is said to be the world’s first AI-powered situational awareness system aboard one of its… Read More
Holt Logistics Corporation has announced today that it has become the first independent port operator in the northeastern United States… Read More
COSCO Shipping Holdings, a Chinese ocean carrier, is reportedly proposing to divest its potential interest the Long Beach Container Terminal… Read More
According to a new research report by the market research and strategy consulting firm, Global Market Insights, Inc., the Inland… Read More
Federal Maritime Commissioner Rebecca Dye was in Beijing last week representing the Federal Maritime Commission at the US-China Bilateral Maritime… Read More
In late March 2018, scientists from the National Snow and Ice Data Center (NSIDC) and NASA reported that Arctic sea… Read More
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