Industry News Archives - Page 14 of 16 - Red Arrow Logistics Transportation and Freight Forwarding

Category: Industry News

The long-awaited capacity crunch is here, with the national load-to-truck ratio hovering well above normal levels for this time of year, and shippers grudgingly accepting higher rates.   Courtesy DAT   Fortunately, the trucking industry is racing to add capacity, both by purchasing new equipment and hiring new drivers. Orders for new trailers skyrocketed by 36 […]
On April 26, the CEO of Maersk Shipping, Sǿren Skou, delivered a stinging indictment of government shipping subsidies, which he criticized as anticompetitive, and which threaten to stifle the carrier industry’s burgeoning recovery. Speaking at a Singapore shipping conference, Skou accused the subsidies of encouraging companies to build ships which are “not needed, for companies […]
In the weeks since the US and China released their dueling lists of tariffs, the world has gotten a glimpse of just how delicate and complex our supply chains have become. The US had already imposed steep tariffs on imported steel and aluminum, then specifically targeted China with heavy machinery, medicine, and 1,300 other items. […]
It’s a volatile time for US-China relations, and the effects of the brewing trade war are being felt around the world. Seemingly every week, a new volley of tariffs is announced by the Chinese government or the Trump administration, creating uncertainty for freight forwarders, Wall Street traders, and heartland farmers alike. Despite the fact that […]
Lately it seems that the word on everyone’s lips is “blockchain.” What started as the obscure engine for cryptocurrencies like Bitcoin is now being adopted by some of the world’s largest corporations and institutions. In the logistics world, even the technologically averse are beginning to learn what blockchain is and how it stands to impact […]
The Trump Administration has made it clear that its “America First” philosophy is incompatible with many of the free trade agreements which have been the cornerstones of American trade policy for decades. In the year since taking power, the Trump White House has walked away from trade deals that had been years in the making, […]
Across the US, trucking rates have been hovering at record highs for months and show no signs of coming down. The higher rates and limited capacity are the result of a perfect storm of factors, some of which were unforeseeable, while others have been on the horizon for months or even years. Shippers who are […]
This January marked the official start date of China’s ban on yang laji: foreign garbage. Last July, China informed the World Trade Organization that it would no longer accept imports of 24 types of recycled materials, including scrap paper and the low-grade plastic used in grocery bags and soda bottles. China’s decision has profound environmental […]
When people around the world tune in to the Pyeongchang Olympics this February, they will be witnessing not just a triumph of athleticism, but logistics. Every two years, a new city attempts to do the seemingly impossible in hosting the Olympics: building infrastructure, transporting tons of goods, and navigating inevitable crises. As we prepare for […]
Shippers trying to secure air freight in recent weeks have found themselves caught in an unexpected rate hike and capacity crunch, as rates doubled and even tripled, particularly for cargo passing through Europe or Asia. The holidays are over, but industry leaders are confident that higher rates are here to stay, fueled by the demands […]