The global airfreight market has been experiencing increasing pressure, particularly on routes from China to the United States, as we enter the month of September. Understanding the factors contributing to this tightening can provide valuable insights for businesses relying on air transportation. Below are the primary reasons driving the current situation. 1. Peak E-Commerce Season […]
As a business owner, freight shipping is likely a significant part of your supply chain. Shipping costs can eat into your profit margins, especially as the global supply chain faces ongoing disruptions, rising fuel prices, and fluctuating demand. At Red Arrow Logistics, we understand how important it is to keep shipping costs under control. Whether […]
In the intricate dance of international logistics, navigating customs clearance is a crucial step. While most shipments move through smoothly, there are occasions when freight gets held up. Understanding the reasons behind these delays is essential for any business involved in global trade. In this article, we’ll shed light on the common factors that can […]
Shanghai authorities are facing major challenges in keeping supply chains going with numerous ongoing COVID-19 lockdowns. For over a month, China’s most populous city has been imposing strict lockdowns in which residents are unable to leave their homes. China’s effort to keep the latest round of the virus under control has led to rigid quarantine […]
Keeping transportation costs down in today’s market is a challenge for any business, particularly for smaller companies. Contract pricing helps to keep shipping costs more consistent because they are long-term rates for regularly scheduled volumes of freight. What are Contract Rates? Contract rates are also known as primary or dedicated rates. When looking for shipping […]
On Tuesday, workers at the Port of Montreal announced a partial strike in response to the actions of the Maritime Employers Association (MEA), which suspended guaranteed minimum pay and will instead pay on actual hours worked. The strike notice, filed by the Canadian Union of Public Employees (CUPE) Longshoremen’s Union Local 375 calls to suspend […]
Today’s global trade market requires companies to be able to deal with complex supply chains and international shipping in order to optimize their bottom line. Shippers are challenged when they must ship freight to other countries, especially when the cargo is worth a lot of money. It is important that shipments move across borders efficiently […]
Global trade was at an all-time high in 2020 because the COVID-19 pandemic meant more consumers were spending money on online purchases as they were home more. Usually, demand falls drastically around Chinese New Year, however this year, that has not occurred. Ongoing travel restrictions have meant that air freight has been tight, leaving more […]
As predicted, the outlook for the container shipping market remains strong for 2021. Indications are showing that there might not be relief anytime soon in terms of capacity restrictions. The ongoing COVID-19 pandemic, increase in e-commerce trade, and high spot rates mean there is a strong outlook for container shipping and that the shortage of […]
Businesses today need to operate in an increasingly complex global supply chain, with buyers and suppliers all over the world. Freight moves through many different locations and hands, thereby increasing the risk in shipping. External factors such as weather and traffic also come into play. The longer the cargo is exposed to risk, the more […]