cargo rates Archives - Red Arrow Logistics Transportation and Freight Forwarding
Trans-Pacific Trade Update | Red Arrow Logistics
Industry News

Trans-Pacific Trade Update

  • November 13, 2020
FOR IMMEDIATE RELEASE Dear Valued Red Arrow Logistics Customer,  Due to unprecedented demand in the Trans-Pacific trade, customers are experiencing extensive delays and service interruptions. This also has resulted in an extreme shortage of equipment at origin ports, exacerbating the issues and preventing carriers from meeting transportation demands.   We are working proactively with our […]
General Rate Increase (GRI) Cargo From Asia | Red Arrow Logistics
Industry News

General Rate Increase Cargo from Asia

  • November 3, 2020
Dear Valued Red Arrow Logistics Customer,  Effective December 1, 2020 General Rate Increase (GRI) has been filed for all cargo imported from Asia ports of loading, to the U.S.A., Canada, and Mexico ports/ramps of discharge. The proposed increases are as follows: General Rate Increase – December 1, 2020 USD     900 / 20′ USD   1,000 / […]
Industry News

The U.S. Line’s Freight Rate Hits a New High

  • August 25, 2020
The year 2020 has certainly been one full of surprises, especially in the freight and logistics industries.  Now in the second half of the year, the surprises keep coming.  The Asia to U.S. line freight rate is at an all-time high for the last decade, and it just might continue to rise.  The United States’ […]
Volatility in the Air Freight and Ocean Cargo Industries | Red Arrow Logistics
Industry News

Volatility in the Air Freight and Ocean Cargo Industries

  • August 18, 2020
Demand, which has been volatile and unpredictable, has led to pressure on the logistics industry and made it difficult to predict where volume would be needed. No one in the logistics industry could have predicted the disruptions that would occur to the global supply chain and network in the first half of this year.  These […]
International

Air Cargo Market Tries to Find its Footing

  • August 28, 2019
Last year saw an extraordinary rate of growth for air cargo. No one expected 2019 to replicate that level of demand. Still, even with mild expectations, the global air freight market has been strikingly weak in the first half of 2019. The International Air Transport Association (IATA) previously forecast an average annual growth rate of […]
Trucking

Lower Trucking Rates Are Possible. Here’s How:

  • November 3, 2018
There’s no denying that the American trucking landscape is in turmoil. Transportation costs for U.S. businesses are up seven percent, year-over-year. What some were calling a “crisis” a few months ago has settled into a new normal, with higher rates and tighter capacity than anyone has experienced in decades. Along with rates, tensions between shippers […]
Industry News

The U.S. Trucker Shortage is Causing Prices to Rise in Every Sector

  • August 14, 2018
Joyce Brenny, chief executive of Brenny Transportation in Minnesota, gave her truck drivers a 15 percent raise this year, but she still can’t find enough workers for a job that now pays $80,000 a year. A year ago, when customers would call Brenny, she could almost always get their goods loaded on a truck and […]
Industry News, International

Sky-high Air Freight Rates Show No Signs of Coming Down

  • January 19, 2018
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 […]
Shipping

Optimizing Your Freight Spend

  • June 30, 2017
“How do I optimize my freight budget?” This is one of the first questions every business owner asks a logistics professional, and the first step is educating yourself about your specific needs in the current freight environment. All too often, businesses treat their transportation budgets as a chore or an afterthought, but they can be ripe […]
Trucking

Spot Rates Climb, Contract Rates to Follow

  • June 2, 2017
National spot rate averages have been on a slow and steady climb through the beginning of 2017, and analysts predict further gains as the year continues. The spot rate increases come in response to both a relatively robust economy and tightening capacity in the face of the truck driver shortage. Shippers and carriers alike are […]