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’ […]
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 […]
‘What the Truck’, a logistics resource article, offers insights into the impacts of COVID-19 on the Trucking Industry. With stay-at-home order still in place for many states due to the COVID-19 outbreak, the trucking industry is facing yet another tough year. The weak freight market is yet another sign of the economic downfall that […]
Rapid responses to the Coronavirus pandemic leave logistics vulnerable to security breaches. Security and risk teams must remain vigilant and focus on strategic areas. Despite the current global pandemic, cyberattackers have made it clear they’re not taking any time off. Now that many workers have shifted to working remotely and organizations are distracted trying to […]
The COVID-19 virus outbreak has affected every industry in the United States to some degree. At some point, hopefully, in the not-too-distant future, the freight industry will return to a variation of normalcy. However, the industry after COVID-19 might look quite different than before. Here are the ways the major shipping modes could be affected […]
One of the best ways to provide an excellent experience for your customers is to offer convenient and affordable shipping. Freight costs are one of, if not the largest logistics costs in the supply chain. In 2017, companies in the United States spent $1.49 trillion in shipping costs. With continued challenges faced by the transportation […]
An overview from Red Arrow Logistics on the impacts COVID-19 is having on the world’s supply chains and domestic freight in the U.S. The novel coronavirus, or clinically named COVID-19, is impacting the freight market and supply chains in the United States. Various commodities from many industries are being affected, such as retailers, consumer packaged […]
All Greater China offices and export CFS have operated to near-normal levels for the first time since the Chinese New Year (except for Wuhan). Some continue to operate with local restrictions of on-site personnel and require additional work shifts. PRC Government continues to promote the resumption of production in factories across the country. While some […]
Shipowners and operators should get ready for a rough ride in 2020 as several economic and political factors will continue to shape the industry. The Trans-Pacific Eastbound will struggle, with not enough of a demand increase to make up for the excess capacity, amid an ongoing trade war between the U.S. and China. Volume Contracts […]
The unfortunate medical issues that the coronavirus causes have been all over the news recently. While the biggest concern is how the virus will affect human health, it will also have a far-reaching effect on the global economy and international shipping. Since the virus originated in Wuhan, China, it is the country that is currently […]