International Archives - Page 5 of 5 - Red Arrow Logistics Transportation and Freight Forwarding

Category: International

2017’s punishing (and still unfinished) hurricane season is tightening freight capacity and driving up spot rates throughout the US, altering the shipping landscape in ways that are likely to last as long as the massive rebuilding effort from Harvey and Irma. The far-ranging impact of the storms, combined with the looming ELD mandate and high […]
A truck skids on a patch of ice. A container ship jettisons cargo during a storm. Dock workers in a far-distant port go on strike. Even in the most well-managed supply chain, events like these are sometimes unavoidable, but cargo insurance is what determines whether they are minor setbacks or major catastrophes. Unfortunately, misconceptions and […]
The United States is reeling from a particularly brutal hurricane season, with Harvey and Irma predicted to costs hundreds of billions of dollars in reconstruction and the loss of life is incalculable. But while many have called these storms “historic” or “once-in-a-lifetime,” the reality is that extreme weather events are becoming all too common, as […]
Shippers, carriers, and logistics professionals are all watching closely as trade delegations from the U.S., Canada, and Mexico enter the second of seven rounds of negotiations to overhaul the North American Free Trade Agreement (NAFTA). Unfortunately for observers, uncertainty abounds as to what “NAFTA 2.0” will entail. President Trump’s opposition to NAFTA was a cornerstone […]
This month, Bangladesh’s finance minister announced plans to construct a floating terminal to alleviate the congestion that is crippling Chittagong, the country’s largest port. The concept is one of several bold steps the Bangladeshi government, private sector, and regional allies are considering to eliminate the bottleneck that is threatening Bangladesh’s burgeoning economy and costing shippers […]
Expanding a business internationally can seem like a daunting prospect in the best of times, and especially in 2017. Brexit, American political unrest, and a growing strain of economic nationalism have created an uncertain outlook for global trade, but these factors alone should not deter businesses from pursuing expansion. The rise of e-commerce, sophisticated data […]
On July 1, China’s state-owned Cosco Shipping Holdings announced a bid to purchase a controlling share of Orient Overseas (International) Ltd. (OOIL) for a staggering $6.3 billion. Cosco’s acquisition of OOIL marks the latest (and possibly the last) in a wave of carrier consolidation that is reshaping the international shipping industry, which has struggled to […]
For decades, the majority of Asian Imports have passed through West Coast ports, but that balance seems to be shifting. The East Coast, Gulf Coast, and even Canada are each claiming a larger share of the market, a trend that will likely continue as ports grow to accommodate a new wave of mega carriers. According […]
The international shipping industry is caught in a dramatic conflict between US legislators and several massive carrier alliances, with the Federal Maritime Commission (FMC) and domestic service providers caught in the crossfire. This conflict raises many questions regarding whether these alliances violate US antitrust law, whether the laws themselves need to be updated, and what […]