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
Cybersecurity: A Risk on the High Seas
Cyber technologies have emerged as essential to the operation of maritime cargo vessels. Onboard systems from bridge systems to cargo… Read More
U.S. Organization Announces Major Container Weighing Initiative
The Ocean Carrier Equipment Management Association (OCEMA) is working with six major U.S. ports to develop a solution that would… Read More
HMM Hopes to Join THE Alliance
Hyundai Merchant Marine (HMM) was conspicuously left out of a newly formed ocean carrier consortium dubbed THE Alliance. The formation… Read More
Maersk Line Launches New Service Between Latin America and Asia
Maersk Line announced today the optimization of its AC network with the launch of its new AC1 service, connecting the… Read More
Xeneta Proposes Revolution in Container Shipping
With ultra-low container shipping rates, multiple ocean carriers teetering on the brink of bankruptcy, and adversarial relationships developing between those… Read More
IMO: Flexibility Warranted in Enforcement of Container Weight Rule
The International Maritime Organization, the UN agency responsible for the promulgation of the new rule requiring shippers to provide verified… Read More
Confusion Reigns Over New Container Weighing Rule
With five weeks to go before new regulation comes into effect mandating container weighing, there is still much confusion over… Read More
Ekol Logistics Enters The Czech Republic
A leading 3PL in Turkey—Ekol Logistics—has entered the Czech Republic and made its first investment in this country in the… Read More
MOL Announces Upgrade of Asia Services
Mitsui O.S.K. Lines (MOL) is upgrading its NKX (Strait/India/Pakistan) service and its CHS3 Japan/Hong Kong/Strait) service. They will be combined… Read More
BREAKING NEWS: Six Ocean Carriers Form New Alliance
Mitsui O.S.K. Lines (MOL), , Nippon Yusen Kaisha, “K” Line, Hanjin, Hapag-Lloyd and Yang Ming have agreed to create a… Read More
Crowley Combining Puerto Rico Facilities into Single Logistics Services Center
Crowley Maritime Corp. is consolidating its Caribbean logistics services into a single new facility in Guaynabo, Puerto Rico. The carrier… Read More
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