News
RSS UWL Industry News
  • Maersk becomes sixth carrier to join NYSHEX January 23, 2018
    The New York Shipping Exchange (NYSHEX) said it has added Maersk Line as an investor, bringing the number of major carriers involved in the online marketplace to six. The world’s largest carrier joins CMA CGM, MOL, OOCL, Cosco and Hapag-Lloyd on the list of members of the exchange, which uses a...
    Jan 23, 2018 6:10AM EST
  • US imports forecast to rocket in February January 8, 2018
    Retail had a strong year fueled by growing wages, higher employment, and a boost in consumer confidence, according to a supply chain executive. Photo credit: Shutterstock. Growth in imports at the busiest US container ports for retail goods is expected to tick up slightly this month before rocketing in February and...
    Jan 08, 2018 11:36AM EST
  • Intra-Asia outlook: Even more competition December 29, 2017
    Scores of shipping lines competed for the estimated 30 million TEU in 2016 volume that moved among thousands of port pairs across Asia. Photo credit: Shutterstock. A key development in intra-Asia during 2018 will be the first-quarter launch of the Korea Shipping Partnership, an alliance of South Korean container shipping companies...
    Dec 29, 2017 11:47AM EST
  • FMC proposes privately funded portal to fight port congestion December 7, 2017
    The FMC is taking aim at supply chain inefficiency. Photo credit: Shutterstock. A report by the Federal Maritime Commission (FMC) proposes that the commission work with shipping industry stakeholders to instigate a privately funded national industry portal designed to give shippers key supply chain information. In the final report from the agency-led...
    Dec 07, 2017 5:50PM EST
  • FMC green lights carrier positions on NYSHEX board December 4, 2017
    The NYSHEX marketplace aims to reduce the volume of containers that are rolled, or are not delivered as agreed by shippers. Credit: Shutterstock The Federal Maritime Commission on Friday approved four shipping carriers — CMA CGM, Hapag-Lloyd, MOL, and COSCO — as potential candidates to join investors, shippers and company executives...
    Dec 04, 2017 1:46PM EST