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.
To say that 2019 has been challenging for ocean carriers would be an understatement. The year began with the National… Read More
Crowley Maritime Corp. will add sailings between Pennsauken, N.J., and San Juan, Puerto Rico, this summer. The move comes in… Read More
Hapag Lloyd, the German-flag ocean carrier, is terminating all container service through the Port of Portland with the company no… Read More
Long Beach, CA – The deployment of the latest generation of mega-containerships “presents physical, financial and operational challenges that must… Read More
Madison, NJ – Container shipping giant Maersk has said it will raise the tariff on US inland imports and exports… Read More
Los Angeles, CA – Creation of the giant P3 shipping alliance now rests with Chinese regulators, who, analysts say, are… Read More
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