Chinas Trucking Market to Hit 1 Trillion by 2035

Chinas Trucking Market to Hit 1 Trillion by 2035

The American Trucking Associations forecasts that China's truck freight volume will approach 14 million tons by 2035, dominating the freight market. The report reveals the growth potential of trucking over the next decade, emphasizing its crucial role in the supply chain. Businesses should seize opportunities, embrace technology, expand services, and strengthen cooperation to usher in a golden age of trucking. This period of significant freight growth presents challenges and opportunities for companies involved in logistics and transportation.

01/22/2026 Logistics Industry Insights
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Global Shipping Firms Adopt Costsaving Payment Strategies

Global Shipping Firms Adopt Costsaving Payment Strategies

International ocean freight payments, especially for high-value shipments, carry inherent risks. This paper details the choice between prepaid and collect freight, the application of telegraphic transfers (TT) and letters of credit (LC), and provides seven key considerations for high-value freight payments. These include reviewing fee details, ensuring payment security, mitigating exchange rate risks, selecting reliable partners, ensuring legal compliance, and optimizing costs. This guide helps you complete payments safely and efficiently, avoiding unnecessary losses in international trade.

01/23/2026 International Settlement
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Shanghaisingapore Sea Route Key Insights for Traders

Shanghaisingapore Sea Route Key Insights for Traders

This article provides an in-depth analysis of the sea freight route from Shanghai to Singapore, covering key elements such as route overview, vessel types, sailing schedules, shipping companies, cargo types, and freight rates. It aims to offer readers comprehensive and practical knowledge of sea freight, assisting in informed trade decisions. The analysis focuses on providing a clear understanding of the logistics involved in this vital trade lane, highlighting the factors that influence efficiency and cost-effectiveness.

01/23/2026 Logistics
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Chinaeurope Shipping Giants Face Growing Trade Challenges

Chinaeurope Shipping Giants Face Growing Trade Challenges

This article provides an in-depth analysis of key players in the China-Europe sea freight market, including COSCO SHIPPING Lines, COSCO SHIPPING (Tianjin), and OOCL. It details various sea freight services such as FCL (Full Container Load), LCL (Less than Container Load), and Ro-Ro (Roll-on/Roll-off). The paper also explores the operational models of shipping companies, industry trends like digital transformation and sustainable development, and answers frequently asked questions regarding sea freight duration and costs.

01/26/2026 Logistics Industry Insights
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Runion Businesses Seek IATA Cargo Certification for Growth

Runion Businesses Seek IATA Cargo Certification for Growth

This article provides a guide to IATA accreditation for freight forwarders planning to expand their business in Reunion Island. It details different agent types, location types, guideline types, and language requirements. The article analyzes key accreditation requirements step-by-step, helping freight forwarders successfully obtain accreditation and seize opportunities in the Reunion Island freight market. It offers practical advice and insights to navigate the accreditation process and ensure compliance with IATA standards, ultimately facilitating market entry and growth.

01/26/2026 Logistics Encyclopedia
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US Supply Chain Strains Amid Truck Driver Shortage High Turnover

US Supply Chain Strains Amid Truck Driver Shortage High Turnover

The US trucking industry faces a high driver turnover crisis, with large freight companies experiencing rates as high as 90%. Contributing factors include industry models, the ELD mandate, and difficulties in obtaining a CDL. Analysts predict potential increases in freight rates or a shift towards intermodal transportation. Solutions involve improving driver compensation and working conditions, embracing new technologies, and streamlining regulations. Addressing these issues is crucial to mitigating the freight crisis and controlling rising logistics costs.

01/27/2026 Logistics Industry Insights
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Air Cargo Industry Adopts Dual Risk Strategy Valuation and Insurance

Air Cargo Industry Adopts Dual Risk Strategy Valuation and Insurance

To mitigate risks associated with air cargo, shippers can adopt a dual-protection strategy: purchasing air transport insurance and declaring the value of the goods. Insurance transfers risk to the insurance company through compensation. Declared value carriage ensures the carrier assumes full liability for compensation based on the pre-declared value. This combination maximizes the shipper's protection and safeguards their interests against potential losses or damages during air transportation.

09/26/2025 Logistics Encyclopedia
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