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 […]
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 […]
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 / […]
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’ […]