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’ […]
Demand, which has been volatile and unpredictable, has led to pressure on the logistics industry and made it difficult to predict where volume would be needed. No one in the logistics industry could have predicted the disruptions that would occur to the global supply chain and network in the first half of this year. These […]
One of the best ways to provide an excellent experience for your customers is to offer convenient and affordable shipping. Freight costs are one of, if not the largest logistics costs in the supply chain. In 2017, companies in the United States spent $1.49 trillion in shipping costs. With continued challenges faced by the transportation […]
All Greater China offices and export CFS have operated to near-normal levels for the first time since the Chinese New Year (except for Wuhan). Some continue to operate with local restrictions of on-site personnel and require additional work shifts. PRC Government continues to promote the resumption of production in factories across the country. While some […]
Shipowners and operators should get ready for a rough ride in 2020 as several economic and political factors will continue to shape the industry. The Trans-Pacific Eastbound will struggle, with not enough of a demand increase to make up for the excess capacity, amid an ongoing trade war between the U.S. and China. Volume Contracts […]
The unfortunate medical issues that the coronavirus causes have been all over the news recently. While the biggest concern is how the virus will affect human health, it will also have a far-reaching effect on the global economy and international shipping. Since the virus originated in Wuhan, China, it is the country that is currently […]