Shipping Archives - Page 6 of 8 - Red Arrow Logistics Transportation and Freight Forwarding

Category: Shipping

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 […]
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 […]
In recent months, anyone whose business takes them through US ports has faced an increasingly chaotic and expensive environment. Despite a robust economy and higher-than-expected export volumes, shippers are facing thinner profit margins as they run into a trucking bottleneck. Drayage rates are skyrocketing, fueled by a driver shortage and the demands of the ELD […]
This February, KFC experienced its worst nightmare: being a chicken restaurant with no chicken. Hundreds of KFC restaurants in the UK were forced to close for up to a week following a catastrophic breakdown of operations that saw frustrated customers calling the police, desperate franchise managers furtively buying chicken from supermarkets, and thousands of pounds […]
In recent months, shippers and freight forwarders have noticed a precipitous drop in the reliability of transatlantic carrier schedules. According to JOC, in 2017, reliability on westbound transatlantic routes fell 10.5 percent to 67.4 percent, while eastbound routes fell 10.6 percent, to land at 70.2 percent reliability. The first few months of 2018 have been […]
When it comes to big construction projects (be it a new bridge or Amazon’s new headquarters), transportation issues are one of the major ways budgets skyrocket, frustrations mount, and deadlines sail by. The problem begins with legions of subcontractors, who hire their own subcontractors ad infinitum, leading to chaos and cluttered work sites. Everyone has […]
This summer, the world’s first battery-powered barges will take to the waterways of Belgium and the Netherlands, transporting cargo while reducing emissions. The rollout will begin with only five barges, but electric technology has the potential to dramatically alter inland waterway shipping here in the US, if lawmakers, barge operators, and logistics management companies are […]
After a 2017 in which ocean carriers fought to stabilize their industry, rates may be about to drop again in 2018. Tepid economic forecasts and the persistent problem of overcapacity could keep contract rates low for much of the year. While this may be a boon to shippers, the year ahead has plenty of potential […]
The holiday shopping season is rapidly approaching, ushering in the busiest time of year for shippers, carriers, and the cargo thieves who prey on them. While estimates for the total cost of cargo theft vary wildly, the FBI calls it a “multi-billion-dollar criminal enterprise” and reported 628 cargo thefts in 2016 (though owing to inconsistent […]