It’s a volatile time for US-China relations, and the effects of the brewing trade war are being felt around the world. Seemingly every week, a new volley of tariffs is announced by the Chinese government or the Trump administration, creating uncertainty for freight forwarders, Wall Street traders, and heartland farmers alike. Despite the fact that […]
In recent months, shippers and freight forwarders have noticed a precipitous drop in the reliability of transatlantic carrier schedules. According to JOC, in 2017, reliability on westbound transatlantic routes fell 10.5 percent to 67.4 percent, while eastbound routes fell 10.6 percent, to land at 70.2 percent reliability. The first few months of 2018 have been […]
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 […]
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 […]
In recent months, China has taken an unexpectedly hard line in enforcing its anti-pollution policies, shuttering thousands of factories and sending shockwaves through the global supply chain. According to JOC, over 18,000 factories have already been ordered to close since the start of the crackdown, and that number could grow much larger as inspectors begin […]
2017’s punishing (and still unfinished) hurricane season is tightening freight capacity and driving up spot rates throughout the US, altering the shipping landscape in ways that are likely to last as long as the massive rebuilding effort from Harvey and Irma. The far-ranging impact of the storms, combined with the looming ELD mandate and high […]