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.
Improved Carrier Sentiment Signals Potential Rate Increase in Truckload Spot Market
A recent Bloomberg | Truckstop survey reveals that sentiment among North American carriers in the truckload spot market has improved… Read More
What will fuel US energy exports to Europe?
President Donald Trump held out the hope, after his July 25 meeting with European Commission President Jean-Claude Junker, of new… Read More
Coast Guard coordinates tow of disabled freighter into New York Harbor
The United States Coast Guard coordinated the tow of a disabled 611-foot freighter into the port of New York and… Read More
Maersk—higher revenues, lower profits
The ocean carrier industry has been consolidating in recent years, organizing into three major alliances, and taking out some capacity…. Read More
Port of Portland, BNSF Railway extend agreement at Terminal 6
Thanks to continued growth in moving container freight by rail through Terminal 6, the Port of Portland, Oregon, is continuing… Read More
Carriers resume cargo operations to Hawaii ports
Ocean carriers serving Hawaii resumed full cargo operations following the Hawaii State Department of Transportation’s reopening of Hawaii island ports… Read More
BREAKING NEWS: Hawaii ports close as hurricane hits
Matson Navigation Company, a leading US carrier in the Pacific, is continuing to sail its vessels serving Hawaii on a… Read More
BluJay Solutions updates global trade network platform
BluJay Solutions, a provider of supply chain software and services, announces the release of BluJay Global Trade Network version 18.2…. Read More
Rock-It Cargo Secures Investment to Expand End Markets and Accelerate Growth
ATL Partners has announced that it has acquired a majority stake in Rock-It Cargo, a provider of mission-critical international freight… Read More
NYSHEX expands carrier member network
The New York Shipping Exchange (NYSHEX), the innovator of the first reliable digital forward freight contract for global container shipping,… Read More
AXIT sets course for digital ocean freight
The cloud specialist AXIT has signed a software alliance agreement with INTTRA, the largest neutral network, software and information provider… Read More
FMC collects $618,000 in penalty payments
The Federal Maritime Commission completed compromise agreements with eight non-vessel-operating common carriers, recovering a total of $618,000 in civil penalties…. Read More
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