An overview from Red Arrow Logistics on the impacts COVID-19 is having on the world’s supply chains and domestic freight in the U.S. The novel coronavirus, or clinically named COVID-19, is impacting the freight market and supply chains in the United States. Various commodities from many industries are being affected, such as retailers, consumer packaged […]
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 […]
Most businesses have to deal with returns on some level. For an item that was purchased online, however, the chance of return is higher since the customer has not been able to see or try the product beforehand. As much as 30% of products ordered online are returned. As e-commerce grows, so does the need […]
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 […]
The global Aerospace air cargo market experienced a downturn in 2019, leaving many to wonder what will occur in 2020. Political and economic changes that are beginning to take place might allow the market to rebound somewhat. However, there are several trends that we can expect to see continue in 2020. Current Situation of Aerospace […]
The United States, Mexico, and Canada conduct a large amount of trade. According to the U.S. Census, Mexico and the United States traded $309 billion worth of goods during the first six months alone of 2019, making Mexico the U.S.’s main trading partner. Canada was not too far behind, at $306 billion. The implications of […]
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 […]
It’s been a long and arduous journey, but at last, after 16 months of tension between the world’s two largest economies, the US-China trade war is winding down. The US and China are currently holding in-depth discussions to establish a trade deal which should lead to the removal of punitive tariffs. Trump administration officials seem […]
In the face of a burgeoning consumer movement against plastic packaging, retailers and manufacturers are ramping up sustainability efforts and seeking to cut back on plastic. This is very difficult when plastics are involved in not only packaging but also production, shipping, and just about every stage of the supply chain: but concerns about climate […]