Industry News Archives - Page 14 of 18 - Red Arrow Logistics Transportation and Freight Forwarding

Category: Industry News

Industry News, International

Trade in the Face of a No-Deal Brexit

  • August 19, 2019
The European Union represents a unique project in economic integration. Likewise, Brexit represents a unique problem in trade relations. The single market created by the EU has meant an absence of duties and quotas for Member States, along with free movement for workers and a reduced administrative burden. While most hoped that a new FTA […]
Industry News, International

Global Markets Sound Alarm as Hong Kong Protests Escalate

  • August 13, 2019
As Hong Kong enters its tenth week of increasingly violent and disruptive demonstrations, both companies and the people on the ground are growing increasingly nervous. On Friday, roughly a thousand protestors dressed in black staged a sit-in at Hong Kong international airport, distributing flyers, and chanting “Do You Hear the People Sing?” from Les Miserables. […]
Industry News, International, Shipping

Manufacturing Begins a Slow Exodus from China

  • June 21, 2019
These days, the outlook for international trade can turn on a dime (or a tweet). International supply chains, on the other hand, take much longer to adjust to changes, especially when it comes to China, the world’s second largest economy and the site of so much of the world’s manufacturing. However, despite the difficulties of […]
Industry News, Trucking

New York Adopts “Congestion Pricing” and Truckers Wince

  • June 6, 2019
Moving freight through the world’s biggest cities is about to become even more expensive. Beginning in 2021, New York will be the first American city to implement “congestion pricing,” and will charge a toll to vehicles entering Manhattan south of Central Park. New York City’s congestion pricing plan is a response to ever-worsening traffic issues […]
Industry News, International

25% Tariffs Are Here. Now What?

  • May 31, 2019
Since the White House imposed its first round of tariffs against China in February 2018, each new escalation of the trade war between the world’s two biggest economies has been greeted with disbelief. Yet this month, with the tariff rate on $200 billion of Chinese imports rising from 10 to 25 percent, business leaders, economists, […]
Industry News, Technology

A Beginner’s Guide to 5G Technology in Logistics

  • May 23, 2019
In a world in which every new technological breakthrough is hailed as the next big thing, the phrase “5G revolution” might sound like just more overblown hype. Yet 5G networks have the potential to usher in a new era in logistics and supply chain management, enabling everything from driverless vehicles to total cargo visibility. With […]
Industry News, International

Italy Joins China’s Belt and Road, to America’s Chagrin

  • April 29, 2019
In March, Italy became the first G7 country to formally join China’s Belt and Road Initiative (BRI). The deal, confirmed during a visit by Chinese President Xi Jinping laid the groundwork for a preliminary $2.8 billion in Chinese investments in Italian projects, including  infrastructure improvements at Italian ports in Trieste, Genoa, and Palermo. The announcement […]
Industry News, International

Aviation Safety is Everybody’s Problem

  • March 25, 2019
In the wake of the Ethiopian Airlines crash that left 157 people dead, leaders around the world are questioning whether regulators are doing enough to prevent these tragedies. Aviation safety is a critical issue, not just for passengers’ peace of mind, but to a global economy that relies on confidence in the people who build, […]
Industry News, International

Soaring Trade Deficit Points to Slowing Global Economy

  • March 25, 2019
In 2018, the United States’ trade deficit in goods climbed to an historic high of $891.3 billion, up from $807.5 billion in 2017. During this time, the merchandise deficits with China, Mexico, and the EU all hit record highs, and total containerized exports dropped 0.2 percent. (The overall deficit is $621 billion, offset by the […]