international trade Archives - Red Arrow Logistics Transportation and Freight Forwarding
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. […]
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 […]
A Bumpy Ride Ahead for U.S. Importers with Ongoing Container Crisis | Red Arrow Logistics
As the year progresses, it appears that the global container constraints will most likely not end anytime soon. With container capacity continuing to be limited and an imbalance in trade on some routes, U.S. importers should prepare for a difficult month or two ahead. Many U.S. importers are having a very difficult time booking current […]
Canadian Port Strike Would Mean Disruptions to the Supply Chain | Red Arrow Logistics
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
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 […]
Will it Be Business as Usual During Chinese New Year? | Red Arrow Logistics
The difference between this time last year and this year in the container market is like night and day. A year ago, routes were being cancelled because of soft volumes as well as the industry coping with the new emissions standards that require low-sulfur fuels or that ships install exhaust-cleaning systems. As compared to last […]
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’ […]
Impacts of the Revised USMCA on Trade | Red Arrow Logistics
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
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 […]