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 […]
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 […]
EU Emissions Trading System As the year draws to a close, the maritime sector is busily preparing to ensure adherence to IMO’s low-sulfur 2020 rules. But this business belies a hard truth: for all their talk, IMO is simply not taking enough concrete action to reduce greenhouse gas emissions in the next few years. And […]
Maritime Cybersecurity… A few years ago, a spate of attacks captured the world’s attention as Somali pirates hijacked ships and held crews for ransom. The attacks grew more frequent, peaking around 2011, around the time of the dramatic hijacking of the Maersk Alabama— that incident was even adapted into a film starring Tom Hanks. But […]