Global trade was at an all-time high in 2020 because the COVID-19 pandemic meant more consumers were spending money on online purchases as they were home more. Usually, demand falls drastically around Chinese New Year, however this year, that has not occurred. Ongoing travel restrictions have meant that air freight has been tight, leaving more […]
Climate change is a global issue that affects the shipping and transportation industry. The shipping industry is faced with a daunting challenge: to be able to comply with the International Maritime Organization’s (IMO) emissions reduction by at least 50% by 2050. Reducing greenhouse gas emissions (GHG) within the industry would have a significant impact on […]
As predicted, the outlook for the container shipping market remains strong for 2021. Indications are showing that there might not be relief anytime soon in terms of capacity restrictions. The ongoing COVID-19 pandemic, increase in e-commerce trade, and high spot rates mean there is a strong outlook for container shipping and that the shortage of […]
Businesses today need to operate in an increasingly complex global supply chain, with buyers and suppliers all over the world. Freight moves through many different locations and hands, thereby increasing the risk in shipping. External factors such as weather and traffic also come into play. The longer the cargo is exposed to risk, the more […]
When compared to other methods of transportation, marine shipping is one of the most energy-efficient ways to move cargo. That is not to say, however, that marine shipping does not produce its share of pollution. In fact, the drastic increase in container shipping in the latter half of 2020 has meant the use of dirty […]
With the holiday season upon us, and more consumers than ever doing their shopping online, retailers who are trying to stock up have added to the capacity squeeze in November. During the last several months, the demand for imports has skyrocketed, freight rates for container liners have continued to rise, and capacity has continued to […]
Several factors are resulting in a shipping shortage in the next few months as the holiday season is here. Container ordering and scheduling can tell a lot about the economy. Demand for container ordering and shipping is strong, and Chinese container factories are sold out until February 2021. With just a few producers in China […]
FOR IMMEDIATE RELEASE Dear Valued Red Arrow Logistics Customer, Due to unprecedented demand in the Trans-Pacific trade, customers are experiencing extensive delays and service interruptions. This also has resulted in an extreme shortage of equipment at origin ports, exacerbating the issues and preventing carriers from meeting transportation demands. We are working proactively with our […]
Dear Valued Red Arrow Logistics Customer, Effective December 1, 2020 General Rate Increase (GRI) has been filed for all cargo imported from Asia ports of loading, to the U.S.A., Canada, and Mexico ports/ramps of discharge. The proposed increases are as follows: General Rate Increase – December 1, 2020 USD 900 / 20′ USD 1,000 / […]
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’ […]