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.
China’s Container Trade Faces Hold-Offs Due to Supply-Demand Imbalance
Container xChange has released its latest China market update, shedding light on the current container price trends in China. Despite expectations of… Read More
A ROUNDUP OF RECENT MERGERS AND ACQUISITIONS THAT ARE SHAPING AND DEFINING THE CARRIER INDUSTRY
There is no denying that the past 18 months have been a tumultuous period for the global maritime industry. According… Read More
2021 Has Felt Like One Big Peak Season: A Global Shipping Market Update
For global freight shippers, managing disruption comes with the job. But the challenges of the last year have truly been… Read More
IANA Releases 2021’s Second Quarter Intermodal Quarterly Report
Second Quarter 2021 Intermodal Volume Intermodal volumes improved for the fourth consecutive quarter, surging 20.4% year-over-year in Q2. This quarter’s… Read More
KEELVAR SAYS ITS OCEAN AND AIR FREIGHT AI WILL REVOLUTIONIZE PROCUREMENT
Bots are everywhere these days. They play poker against you and help you order a pizza. They assist in getting… Read More
ARTIFICIAL INTELLIGENCE AND OTHER INNOVATIONS ARE FOREVER CHANGING LARGE VESSELS
Throughout the course of human history, civilizations have relied on transit across water to travel, trade and invade. Archaeologists can… Read More
The Future of Ship Systems to be Smarter with Ship Bridge Simulators
The maritime industry is not new to the simulation technique and has, in reality, been using this technique in automation… Read More
CONTAINER PRICES SURGE IN EUROPE AS CARRIERS FAVOR LOADING EMPTIES
For European exporters looking to source shipping containers, existing shortages could deteriorate significantly in the coming weeks, according to the… Read More
Three Supply Chain Risk Management Lessons You Can Learn from the Suez Canal Block
The Ever Given vessel is floating, but the ship is not out of hot water. In fact, Egyptian authorities said… Read More
View from the US Gulf: Veteran Surveyor Details the Pitfalls of the Vessel Draught Survey
In this article, Chris Zeringue, Owner, MTS Marine Technical Surveyors, and a longtime worker on US Gulf waters, explains the… Read More
International Windship Association Shares Open Letter Urging Solutions for Climate Concerns
The undersigned, We call on all maritime industry decision-makers and the entire shipping community to fully assess and utilize all… Read More
FROM FLYING CARS TO SEMI-AUTONOMOUS SHIPPING
Buffalo, New York-based American Steamship Co. (AMS) has placed the first order for Wärtsilä Voyage’s SmartMove Suite that takes “the… Read More
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