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.
It’s amazing how interconnected we are as a world—from delivering goods along the supply chain to your local grocery store… Read More
Discussions are currently underway that could mean the merger of China’s two largest shipping lines, China Ocean Shipping Co. (COSCO)… Read More
Break-bulk and project carriers find themselves in quite a squeeze these days. Global economic conditions have worked to their detriment… Read More
AAL, a multipurpose shipping operator, has successfully transported a fleet of eight newly-built airport shuttle buses from Xingang, China to… Read More
The Asia-to east coast North America trade is growing strongly, bringing with it a host of new services, and rate… Read More
The ship Westwood Rainier recently called at the Port of Portland – the first vessel to call at the Port… Read More
Three container-laden ships have transited a new portion of the New Suez Canal this past weekend, two weeks ahead of… Read More
Resolving congestion at U.S. container ports is “in many ways today’s most critical and relevant trade-related issue,” according to a… Read More
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