Blogs and News

Japanese 3 consolidation: NYK, MOL, and K-Line

By ussa-login on Monday, December 5, 2016 - News

It has recently been announced that three of Japan’s largest and best-known shipping groups, namely K-Line, MOL, and NYK, will be merging. The merger is set to take place in mid-2017, with the joint service offering being fully operational by the 1st of April 2018: a slow and steady collaboration about which all members of […]

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3 Japanese carriers form a joint venture for their freight business

By ussa-login on Monday, November 21, 2016 - Blog

Japan’s three shipping groups, K-Line, MOL, and NYK, have announced that they will be merging their shipping and overseas terminal operations. They plan to join forces on the 1 July 2017 and the commencement of the decision will take place from 1 April 2018. The three Japanese firms, Kawasaki Kisen Kaisha (K-Line), Mitsui OSK Lines (MOL), […]

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The expected benefits of the Panama Canal Expansion

By ussa-login on Monday, November 14, 2016 - Blog

After nine years of construction costing approximately $5.4 billion, the expanded Panama Canal began its commercial operation in June this year. By reducing greenhouse gasses and allowing more vessels with greater capacities to have access through the canal, there will be far-reaching consequences for the Panama Canal Authority and the shipping industry as a whole. […]

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Why port business leaders are pushing for early PMA contract negotiations

By ussa-login on Monday, November 7, 2016 - Blog

Strike-related issues are a big problem for ocean carriers, port operators, terminal operators, truckers servicing the ports, and importers and exports in the U.S. Manufacturers, retailers and other local, regional, and national groups dependent on the ports are pushing for contract negotiations to be finalized as the lack of outcome is having a negative effect […]

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What the HLAG & UASC merger means for ocean shipping companies

By ussa-login on Monday, October 24, 2016 - Blog

When carriers merge, it gives them stronger and more dominant control over the overall ocean freight economy. Hapag-Lloyd AG and United Arab Shipping Company. UASC have agreed to merge, which will make the combined entity, operating under the Hapag-Lloyd banner, the world’s fifth largest ocean carrier. When the two companies merge, they will have a total of 237 […]

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Finding The Right Partner for Ocean Shipping Contracts

By ussa-login on Tuesday, October 18, 2016 - Blog

If you need to ship goods to remote locations, you need to know which ocean carriers  are most trustworthy. How to choose the right ocean carrier: If you are shipping a large amount of goods per shipping, you need to make sure that the carrier of your choice is capable of handling your. Make sure […]

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Hanjin’s Chapter 15 Bankrupcy – What’s Next?

By ussa-login on Tuesday, October 4, 2016 - News

The collapse of Hanjin, the seventh largest container ocean shipping company, is going to impact the global supply chain. The legal options and what to expect from the Hanjin Chapter 15 proceedings have been outlined in this maritime law update by the International Maritime Group: http://www.internationalmaritime.net/hanjins-collapse/

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Should Your Company Invest in Ocean Freight Auditing?

By ussa-login on Monday, September 26, 2016 - Blog

USSA, a leader in ocean freight management, understands that there are multiple components to consider in managing the transportation of your cargo. Whether you ship vast quantities of product or less-than-truckload shipments, it is inevitable that you will receive several freight invoices along the way. You may need a tool and mechanism to manage all […]

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Learn About the Insolvency of Hanjin Shipping

By ussa-login on Wednesday, September 21, 2016 - News

It has been a tense time for many around the world. While on September 13, the chairman of Hanjin Group transferred 40 billion won ($36 million) to Hanjin Shipping to enable cargo stranded on the troubled shipper’s vessels to be unloaded, securing additional funds could take “considerable time”, according to a company spokesman. The looming […]

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Reasons behind the new SOLAS VGM rules for ocean freight containers

By ussa-login on Wednesday, September 21, 2016 - Blog

SOLAS introduced the new regulation about the declaration of the weight of ocean freight with great impact to the industry. Besides the additional administrative cost, there has been a shift in liability to the ocean shipping companies. As much as a change in any well-established process can seem like a burden, USSA has put together […]

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