The global airfreight market has been experiencing increasing pressure, particularly on routes from China to the United States, as we enter the month of September. Understanding the factors contributing to this tightening can provide valuable insights for businesses relying on air transportation. Below are the primary reasons driving the current situation. 1. Peak E-Commerce Season […]
As a business owner, freight shipping is likely a significant part of your supply chain. Shipping costs can eat into your profit margins, especially as the global supply chain faces ongoing disruptions, rising fuel prices, and fluctuating demand. At Red Arrow Logistics, we understand how important it is to keep shipping costs under control. Whether […]
In the fast-paced world of logistics, staying informed about freight rates is crucial for making timely and cost-effective decisions. At Red Arrow Logistics, we’re committed to keeping our clients updated on the latest market trends. This past month has brought some encouraging news for businesses shipping goods from Latin America to the United States. Declining […]
In the realm of international trade and commerce, the path to success is often fraught with challenges and uncertainties. From geopolitical tensions to natural disasters and unforeseen disruptions, the risks inherent in global logistics can significantly impact supply chain operations and bottom lines. However, with the right strategies and partnerships in place, businesses can navigate […]
The reliance on fossil fuels to power trucks, trains, vessels, and aircraft in the transportation issue has a decided impact on emissions. The International Energy Agency estimates that transportation was responsible for 8.26 gigatons, or 26% of CO2 emissions worldwide in 2018. In the U.S., passenger and freight transportation contributed 28% of the total greenhouse […]
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. […]
Just as the blockage of the Suez Canal threw a major wrench in maritime operations earlier this spring, congestion at Yantian port in Shenzen, China has put a halt to operations. Major shipping companies are warning their clients about the congestion situation at this port after several asymptomatic cases of COVID-19 were discovered. The port’s […]
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 […]
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 […]
For several months, the industry has been talking about the increased demand for imports, tightening capacity for container shipping, and driving up the cost to ship via ocean containers. In addition, the backlog in receiving goods at certain U.S. ports has meant disruption along the supply chain. The surge in imports is far from over, […]