The European Union represents a unique project in economic integration. Likewise, Brexit represents a unique problem in trade relations. The single market created by the EU has meant an absence of duties and quotas for Member States, along with free movement for workers and a reduced administrative burden. While most hoped that a new FTA […]
Since the White House imposed its first round of tariffs against China in February 2018, each new escalation of the trade war between the world’s two biggest economies has been greeted with disbelief. Yet this month, with the tariff rate on $200 billion of Chinese imports rising from 10 to 25 percent, business leaders, economists, […]
In the famous nursery rhyme, “for want of a nail, the kingdom was lost.” At the US-Mexico border, a similar story is playing out: for want of a mere 750 customs officers, supply chains are in crisis, in industries ranging from agriculture to automotives. When the Trump administration reassigned 750 border agents to process the […]
This January marked the official start date of China’s ban on yang laji: foreign garbage. Last July, China informed the World Trade Organization that it would no longer accept imports of 24 types of recycled materials, including scrap paper and the low-grade plastic used in grocery bags and soda bottles. China’s decision has profound environmental […]
After a 2017 in which ocean carriers fought to stabilize their industry, rates may be about to drop again in 2018. Tepid economic forecasts and the persistent problem of overcapacity could keep contract rates low for much of the year. While this may be a boon to shippers, the year ahead has plenty of potential […]
The trade imbalance between the United States and Mexico is an immensely complex issue, but for shippers trying to move their goods north across the border, it’s quite simple. For them, the imbalance boils down to the fact that for every truckload of goods exported to Mexico, there are at least three more headed north, […]
Any business contemplating a partnership with a third-party logistics (3PL) provider faces an immediate choice: asset based or non-asset based? The difference, broadly, is that asset based 3PL providers own their own trucks, warehouses, etc., while non-asset based providers contract those services out to other companies. (Red Arrow Logistics, for the record, is a non-asset […]