international 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 […]
Industry News

Global Airfreight Market Update: April 2022

The airfreight market shows no signs of slowing down, with many industry leaders indicating a growth trajectory. Delays on the ocean shipping lines have sent many retailers to air freight. In 2021, airfreight had a strong recovery after the aftermath of the start of the COVID-19 pandemic. Air freight demand dipped in January of this […]
Industry News

Clean Truck Fund (CTF) Rate

Dear Valued Customer,   The Ports of Long Beach and Los Angeles have implemented a new Clean Truck Fund (CTF) Rate that they will begin collecting on April 1, 2022 of $10 per twenty-foot equivalent unit ($20 for containers longer than 20 feet). This CTF rate will be assessed on loaded import and export cargo […]
Industry News

Trailer Service Delays Impacting Air Shipments in South China

Under the lockdown that started on 14 March, public services and daily supplies are operating, however, city transportation has been suspended. The regional container hub, Yantian International Container Terminal announced that it maintained normal operation since the escalation of local Covid-19 prevention and controls and is making great efforts to keep the supply chain running smoothly […]
The Impact on the Conflict Between Ukraine and Russia on Logistics
Industry News

The Impact on the Conflict Between Ukraine and Russia on Logistics

The Russian invasion of Ukraine has already disrupted supply chains that are still recovering from the COVID-10 pandemic. The worsening situation between Ukraine and Russia will have a significant impact on international shipping and logistics, particularly with delayed deliveries, higher costs, and transportation challenges.     Energy Prices Are on the Rise Revenues from energy are […]
Inbound Air Freight Remains Tight | Red Arrow Logistics
Industry News

Inbound Air Freight Remains Tight

It’s no surprise that air freight capacity is tight at this time of year, yet now more than ever air freight is needed to keep supply chains moving along. With rising demand and fewer passenger flights as compared to pre-COVID days, there is simply less available air freight capacity. In addition, airports that are using […]
Cross-border Strategies Can Benefit Your Business | Red Arrow Logistics
Trucking

Cross-border Strategies Can Benefit Your Business

The growth of e-commerce has led to more international shipping but the current lack of capacity for international shipping in addition to rising rates has companies looking elsewhere for supplies. With disruptions in overseas suppliers, many companies are considering nearshoring to Canada and Mexico. This minimizes risk and the potential for disruptions to the supply […]
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 […]