global trade Archives - Red Arrow Logistics Transportation and Freight Forwarding
Trade Compliance: Managing the Risks of Global Trade | Red Arrow Logistics
International

Trade Compliance: Managing the Risks of Global Trade

Supply chains in every industry are becoming more global and more complex, but that comes with additional risks. As global sourcing and trade expand, supply chain professionals must understand and abide by the regulations of each country they do business with. Trade and customs compliance is essential to mitigating the risks involved with doing business […]
Shipping

Update – Yantian disruption spreads to South China ports

South China’s port congestion is getting worse, with the delays that began at Yantian (YICT) now spilling over to nearby Shekou and Nansha and the situation may continue to deteriorate as more positive COVID cases have been confirmed in Shenzhen, where Yantian and Shekou ports are located, and in Guangzhou, where Nansha port is located. […]
International

Yantian Terminal Update

The major port of Yantian in Shenzhen, South China, which handled 13 million teu last year, temporarily suspend operations following congestion and Coronavirus outbreak.  Consequently, all operations in the western area of YICT remain suspended until further notice. – From 00:00 on May 25th to 23:59 on May 30th, export laden containers are not accepted […]
Canadian Port Strike Would Mean Disruptions to the Supply Chain | Red Arrow Logistics
International

Canadian Port Strike Would Mean Disruptions to the Supply Chain

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 […]
Is Your Cross-Border Insurance Covering Your Shipping Needs | Red Arrow Logistics
Shipping

Is Your Cross-Border Insurance Covering Your Shipping Needs?

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 […]
Impacts of the Revised USMCA on Trade | Red Arrow Logistics
Industry News

Impact of the Revised USMCA

The United States, Mexico, and Canada conduct a large amount of trade. According to the U.S. Census, Mexico and the United States traded $309 billion worth of goods during the first six months alone of 2019, making Mexico the U.S.’s main trading partner. Canada was not too far behind, at $306 billion. The implications of […]
Will International Shipping Rates Rise in 2020 | Red Arrow Logsitics
Shipping

Will International Shipping Rates Rise in 2020?

With a tumultuous 2019 within the shipping industry, many are wondering how the new year will play out with many global changes on the horizon.  Major factors such as the implementation of the IMO 2020 regulations and the ongoing trade war between the U.S. and China are sure to affect the international shipping rates for […]
Maritime Cyber Security Threats and Solutions | Red Arrow Logistics
Shipping

Maritime Cybersecurity

Maritime Cybersecurity… A few years ago, a spate of attacks captured the world’s attention as Somali pirates hijacked ships and held crews for ransom. The attacks grew more frequent, peaking around 2011, around the time of the dramatic hijacking of the Maersk Alabama— that incident was even adapted into a film starring Tom Hanks. But […]