US Freight Market Stabilizes Amid Q2 Downturn

US Freight Market Stabilizes Amid Q2 Downturn

Bank of America's Q2 Freight Payment Index indicates a continued slump in the US freight market. Both shipment volume and expenditures decreased year-over-year, although the decline narrowed. Sequential growth in some regions suggests a potential market bottom. Consumer spending patterns, inflation, interest rates, and energy prices will continue to influence the freight market. Logistics companies should closely monitor market dynamics and adapt accordingly.

01/25/2026 Logistics Industry Insights
Read More
CH Robinson Debuts Aidriven Supply Chain for Logistics

CH Robinson Debuts Aidriven Supply Chain for Logistics

C.H. Robinson launches an "Intelligent Supply Chain" leveraging AI to build a smart logistics ecosystem. This system enables more accurate demand forecasting, optimized transportation route planning, and efficient inventory management. It can autonomously adjust strategies based on market changes and unforeseen events, improving supply chain efficiency, reducing costs, and enhancing risk resilience. The platform aims to create a more responsive and agile supply chain for its customers.

01/28/2026 Logistics
Read More
Universal Freight Network Cuts Costs in Global Logistics

Universal Freight Network Cuts Costs in Global Logistics

Universal Freight Network (UFN) is a brand of Shenzhen Yongliantong Industrial Co., Ltd., a global freight forwarding information center based in China. The platform connects shippers and freight forwarders using mobile internet technology, providing vast freight rate information and the UFMS-SAAS freight forwarding operating system. It aims to reduce operational costs, improve work efficiency, and provide customers with efficient, convenient, and low-cost international logistics services.

01/27/2026 Logistics
Read More
US Patents Vertical Hanger Connector for Closet Space Efficiency

US Patents Vertical Hanger Connector for Closet Space Efficiency

A vertical hanger connector hook has been granted a design patent in the United States (USD1048733S1). This design effectively increases closet storage space. Cross-border sellers should be aware that selling similar products requires thorough patent searches to avoid infringement risks and potential losses. It is crucial to conduct due diligence before offering such items to ensure compliance with intellectual property rights and prevent legal repercussions.

01/27/2026 Logistics Encyclopedia
Read More
BYD Leads Thailands EV Market Surpassing Japanese Rivals

BYD Leads Thailands EV Market Surpassing Japanese Rivals

BYD, leveraging its strength in new energy vehicles, achieved sales of 41,570 units in 2023, becoming the top-selling Chinese brand in the Thai market. This represents a 53.8% year-over-year increase and places them fourth in the Thai light vehicle market. This accomplishment signifies a breakthrough for Chinese new energy vehicles in Thailand and may intensify competition within the Thai automotive market.

01/27/2026 Logistics Industry Insights
Read More
Airspace Aviation Enhances Global Cargo Efficiency for Businesses

Airspace Aviation Enhances Global Cargo Efficiency for Businesses

Airspace provides IATA-certified professional cargo ground handling services. With a global network and customized solutions, Airspace ensures safety and compliance, empowering clients to achieve business success. They offer comprehensive air cargo solutions, acting as a General Sales and Service Agent (GSSA) to connect airlines and shippers. Their expertise in global logistics ensures efficient and reliable transportation of goods worldwide, adhering to the highest industry standards.

01/27/2026 Airlines
Read More
Airwallex Enhances Crossborder Payments for Global Businesses

Airwallex Enhances Crossborder Payments for Global Businesses

Airwallex provides a one-stop cross-border payment solution for global businesses, covering global collections, cross-border payments, foreign exchange management, corporate expense management, and cross-border e-commerce solutions. Leveraging technological innovation, a global footprint, and diversified products, Airwallex helps businesses reduce costs, improve efficiency, and achieve global business growth. It empowers businesses to streamline their financial operations and expand internationally with ease.

01/27/2026 International Settlement
Read More
Guide to Finding Reliable Logistics Partners in Baoding

Guide to Finding Reliable Logistics Partners in Baoding

This document provides a comprehensive guide to information inquiry and verification of logistics companies in Baoding. It covers various channels including official sources, industry associations, and online platforms. The guide emphasizes the importance of qualification verification before establishing partnerships. It aims to help you quickly and accurately select suitable logistics partners by outlining key steps and resources for due diligence, ensuring a reliable and trustworthy collaboration.

01/28/2026 Logistics
Read More
APICS Enhances STEM Programs to Address Supply Chain Labor Shortage

APICS Enhances STEM Programs to Address Supply Chain Labor Shortage

APICS promotes STEM education in supply chain to address the industry's talent shortage. It cultivates interest in K-12 students through interactive activities, encouraging more young people and women to pursue careers in the field. This initiative aims to build a future workforce equipped with the necessary skills and knowledge to excel in supply chain management, ensuring a sustainable talent pipeline and promoting diversity within the industry.

01/27/2026 Logistics Industry Insights
Read More
Emerge Kuebix Partner to Boost Freight Efficiency

Emerge Kuebix Partner to Boost Freight Efficiency

Emerge partnered with Kuebix to integrate the Emerge marketplace into the Kuebix platform. This provides users with a broader range of capacity options and more competitive pricing. The integration streamlines processes, enhances transparency, and accelerates the digital transformation of freight. Ultimately, this collaboration helps businesses improve efficiency and reduce costs by providing access to a wider network and streamlined tools for managing their freight operations.

01/29/2026 Logistics
Read More