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.
St. Louis Regional Freightway Unveils $8 Billion Priority Projects List for 2025
The St. Louis Regional Freightway has announced its 2025 Priority Projects List, which includes 27 projects with a total investment… Read More
Where Have All the Hanjin Ships Gone?
With South Korea’s Hanjin Shipping undergoing liquidation, sales of its vessels have so far netted $460 million at auction, with… Read More
Kicking the Can Down the Road
The cascade of ships from Asia-Europe is passing overcapacity on to smaller trades that most often don’t have the demand… Read More
Amazon.com: Logistics Provider
Amazon, the online retailing giant, continues to make inroads into the world of logistics. A few months ago, a Chinese… Read More
The Transatlantic: In Need of Stimulus
The transatlantic continues its descent down the pecking order of world container trades, according to Drewry Maritime Consultants. Might the… Read More
Ten Companies Slowed Ships in Santa Barbara Channel in 2016
The partners in an initiative to cut air pollution and protect whales announced results from the 2016 voluntary incentive program… Read More
It’s Official: Hanjin is Finished
It’s been kind of obvious since Hanjin assets have already been in the process of being sold off in recent… Read More
Higher Container Rates and Tight Capacity Leading into Chinese New Year
Chinese New Year, which started this year on January 28, is a time in which most of Asia’s manufacturing facilities… Read More
Ocean Alliance Carriers in Agreement on Port Cooperation
COSCO SHIPPING Ports has signed a memorandum of understanding with CMA Terminals Holding in Shanghai, agreeing to seek cooperation in… Read More
DoD Releases Arctic Strategy
The Unites States Department of Defense yesterday released an unclassified version of its report to Congress on strategy to protect… Read More
The Arctic: A Growing Security and Trade Dilemma
A military strategy for the United States in the Arctic, completed by the Obama administration, is on hold until the… Read More
Insurance Implications of Autonomous Shipping
It seems only yesterday that the autonomous car was a thing of science fiction, or at the very least many… Read More
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