Following the much-anticipated post-holiday period, transport prices experienced a marked reduction in January 2025. This trend aligns with historical patterns, and the TEG Road Transport Index revealed significant shifts. The index recorded a decrease of 9.8 points, marking a 7.41% month-on-month
Recent developments in Spain's road transport sector have revealed an unprecedented shift towards shorter payment periods, which could signal a significant improvement in financial stability for transport service providers. According to data from the Permanent Observatory of Payments in Road
The logistics and transportation industry is a dynamic and complex field, playing a crucial role in the global economy. Cristian Prisacariu, Branch Manager of XPO Logistics Romania, shares his insights and experiences, shedding light on the industry's current state and future trends. With more
As families across China prepare to reunite for the Spring Festival, the nation faces the monumental task of managing what is widely considered the world's largest annual human migration. With record-high travel volumes anticipated this year, China's transport system must overcome
German automaker Mercedes-Benz AG’s recent demand for a 10% reduction in freight rates by February 1, 2025, has sparked heated debate within the transportation industry. Transport service providers were required to submit their revised offers by January 23, 2025. In an industry where profit margins
In an era where international logistics and cross-border transportation are pivotal to global trade, the partnership between Hua Pengfei Co., Ltd. (HPF) and the International Road Transport Union (IRU) seeks to revolutionize these processes and enhance connectivity. Established in 2021, HPF has
