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.
Hapag-Lloyd Invests $4 Billion in 24 Dual-Fuel Containerships to Propel Decarbonization Goals
German shipping giant Hapag-Lloyd has committed to a $4 billion investment in 24 new dual-fuel containerships, ordered from China’s Yangzijiang… Read More
Maersk, CMA CGM in Driving Seat for Highest Earning Carriers in 2021
Resulting from record demand and supply chain capacity challenges, container lines saw record earnings in 2021. A.P. Moller – Maersk (Maersk)… Read More
Supply Chain Pressure Mounts as Shanghai Extends Lockdown
Due to rising cases of COVID-19, the lockdown in Shanghai has been extended – sparking congestion fears amongst port officials…. Read More
Port of Virginia Cargo Volumes Continue to Soar
The Port of Virginia has handled more than 314,000 TEU in March 2022, registering an increase of more than 35,000 TEU (or… Read More
HOW TO PREPARE FOR THIS YEAR’S CHALLENGES AND OPPORTUNITIES
Twenty twenty-one was a difficult year in global logistics due to ongoing volatility. We worked alongside customers navigating the Suez… Read More
Supply Chain Predictions for 2022
After the numerous supply chain issues of the last two years, businesses are hoping for an improved logistics landscape in… Read More
LOOKING BACK WITH 2021 VISION: NAVIGATING THE EVOLVING OCEAN LOGISTICS INDUSTRY
Nearly every business has experienced the effects of today’s global supply chain disruptions over the course of the COVID-19 pandemic,… Read More
How to Prepare for Global Logistics in 2022
2021 was a difficult year in global logistics due to ongoing volatility. We worked alongside customers navigating the Suez Canal… Read More
LCL: A Shipping Solution for Today’s Global Logistics Market
Less-than-container load (LCL) shipping has become part of the solution design to many supply chain challenges. LCL shipping provides shippers… Read More
AN OVERVIEW ON COMPLIANCE IN OPERATIONS AND MANAGEMENT
Shippers across the globe are sure to be confronted with new disruptions when navigating international markets–regardless of the shipping method… Read More
A ROUNDUP OF RECENT MERGERS AND ACQUISITIONS THAT ARE SHAPING AND DEFINING THE CARRIER INDUSTRY
There is no denying that the past 18 months have been a tumultuous period for the global maritime industry. According… Read More
2021 Has Felt Like One Big Peak Season: A Global Shipping Market Update
For global freight shippers, managing disruption comes with the job. But the challenges of the last year have truly been… Read More
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