Recent data from the freight transportation consultancy FTR paints a nuanced picture of the trucking industry's current landscape. The Trucking Conditions Index (TCI), which measures changes across five crucial areas in the U.S. truck market—freight volumes, freight rates, fleet capacity, fuel
In a significant move indicative of broader industry trends, Cosco Shipping has made a high-profile order for six large container ships from Hudong-Zhonghua Shipbuilding through its subsidiary, Cosco Shipping Container Lines. This action follows closely on the heels of a similar agreement just ten
In a customer-focused landscape, businesses are feeling increasing pressure to streamline their logistics. One of the best ways to do this is by partnering with a 3PL (third-party logistics) provider. Businesses from startups to large enterprises are choosing 3PLs to handle their logistics. To
The de minimis tax exemption policy in the United States, which allows goods valued under $800 to enter the country without incurring duty fees, was initially adopted to make online shopping more affordable and support small businesses. Over time, however, this seemingly benign policy has morphed
Europe's logistics sector is grappling with a surge in security concerns following a series of arson attacks allegedly connected to Russian operatives. These troubling incidents have prompted logistics companies across the continent to bolster their security protocols to protect their operations
The global logistics sector is grappling with myriad complex challenges, as revealed by a comprehensive survey commissioned by a leading European customs provider. Internal skills shortages, intricate customs regulations, and the impact of geopolitical disruptions like the Ukraine conflict
The Hong Kong Association of Freight Forwarding and Logistics (HAFFA) has lauded recent initiatives announced by the Hong Kong Special Administrative Region (HKSAR) Chief Executive, John Lee Ka-chiu, aimed at enhancing the logistics sector. These initiatives are expected to reinforce Hong Kong's
Air France KLM Martinair Cargo (AFKLMP) and Bos Logistics have made strides in advancing sustainable transport by launching an eco-friendly collaboration. This partnership aims to significantly cut carbon emissions and promote green logistics practices through innovative solutions, such as the
As e-commerce continues to experience rapid growth, JD Logistics, a pivotal arm of JD.com, is launching a bold initiative to expand its global presence. The Chinese logistics giant aims to double its overseas warehouse capacity by the end of 2025, asserting its commitment to supporting the
The rapid advancement of Artificial Intelligence (AI) is reshaping various industries, and military logistics is no exception. AI's potential to enhance U.S. Army logistics for future combat scenarios is immense. This article delves into how AI can transform logistics operations, addressing gaps in
