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 […]
Any business contemplating a partnership with a third-party logistics (3PL) provider faces an immediate choice: asset based or non-asset based? The difference, broadly, is that asset based 3PL providers own their own trucks, warehouses, etc., while non-asset based providers contract those services out to other companies. (Red Arrow Logistics, for the record, is a non-asset […]
Three weeks after Hurricane Maria made landfall in Puerto Rico, the island remains devastated, with the vast majority of residents without electricity, and many without access to clean drinking water, medicine, or food. The situation has brought several logistical issues to the forefront of public consciousness, as Americans struggle to understand why the United States […]
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 […]
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 […]
Relationships are the foundation of a well-functioning supply chain, but when it comes to relationships between shippers and carriers, there is often room for improvement. For years, friction between carriers and shippers has simply been the status quo, but major changes to the logistics landscape mean that it’s more important than ever that both parties […]