Dynamic Pricing Transforms Freight Industry Amid Rate Challenges

Dynamic Pricing Transforms Freight Industry Amid Rate Challenges

Static freight rates fail in volatile markets, leading to high rejection rates and increased costs. Convoy's dynamic pricing solution leverages machine learning, automation, and an open marketplace to enable transparent, competitive pricing and reliable capacity. This approach effectively saves time, reduces costs, and provides shippers with assurance across various scenarios. Embracing dynamic pricing is crucial for navigating the challenges of the freight market.

STB Probes BNSF Acquisition Amid Freight Rate Concerns

STB Probes BNSF Acquisition Amid Freight Rate Concerns

The U.S. Surface Transportation Board (STB) held a hearing regarding Berkshire Hathaway's acquisition of BNSF Railway, focusing on whether the acquisition premium should be included in BNSF's cost base, thus impacting freight rates. Shippers expressed concerns about potential rate increases, while BNSF emphasized market-based pricing. The STB's decision will influence the competitive landscape of the rail freight market and companies' operating costs. The core issue is whether the acquisition price will unfairly inflate freight rates for shippers using BNSF's services.

01/22/2026 Logistics
Read More
Freight Market Struggles Persist Despite Minor Rate Uptick

Freight Market Struggles Persist Despite Minor Rate Uptick

DAT data reveals a decline in both volume and rates in the U.S. spot truckload freight market in October, with slight rate increases failing to offset overall weakness. Experts attribute this to soft demand, compounded by visa issues and regulatory factors, posing challenges to the market. Looking ahead to 2025, the outlook remains uncertain. Businesses are advised to enhance data analysis, optimize transportation networks, and implement flexible pricing strategies to navigate market fluctuations. The market is expected to be difficult for the foreseeable future.

Air Freight Price Guide From Shanghai To Gothenburg

Air Freight Price Guide From Shanghai To Gothenburg

This article provides air freight pricing information from Shanghai to Gothenburg. Due to price fluctuations during peak season, the base rate for general cargo is 55 RMB, with a minimum rate of 28 RMB; please consult customer service for confirmation when booking. The flights are operated by Air China and transit through Frankfurt, with the effective flight dates from July 16 to July 23, 2025.

07/22/2025 Logistics
Read More
Direct Vs House Air Waybills Key Choices for Air Freight

Direct Vs House Air Waybills Key Choices for Air Freight

This article provides a detailed interpretation of the concepts, differences, and applicable scenarios of Direct Air Waybill (Direct AWB) and House Air Waybill (House AWB) in international air transport. A Direct AWB is issued by the airline, directly connecting the actual consignor and consignee. A House AWB is issued by the freight forwarder, involving a master air waybill and house air waybill, and is often used in scenarios where freight forwarders need to provide customs clearance and other services. The choice of which document to use depends on factors such as the consignee's customs clearance capabilities, service requirements, cost, information security, and transportation time.

US Air Express Firms Face Air Freight Insurance Claims Challenges

US Air Express Firms Face Air Freight Insurance Claims Challenges

This article provides an in-depth analysis of U.S. air freight line cargo insurance, covering key aspects such as claim scope, hidden limitations, claim procedures, and deductibles. It aims to help businesses mitigate transportation risks, avoid claim pitfalls, and achieve safe and efficient cross-border transportation of goods. Choosing the right insurance plan is crucial to ensuring worry-free coverage and truly safeguarding your shipments. Understanding these elements empowers businesses to make informed decisions and protect their valuable cargo during air freight transit.

11/03/2025 Logistics
Read More
Air Waybill (AWB): Legal and Practical Foundations of Air Freight

Air Waybill (AWB): Legal and Practical Foundations of Air Freight

The air waybill serves as a transport contract between the shipper and the carrier, functioning both as a transport agreement and a receipt for the goods. Its importance lies in effectively recording the cargo transport process and providing legal validity. Additionally, there are differences between air waybills and sea bills of lading, particularly regarding their function as documents of title.

Air Freight Costs From Zhengzhou To Helsinki

Air Freight Costs From Zhengzhou To Helsinki

This article provides a detailed overview of air freight costs from Zhengzhou to Helsinki. It discusses how different weight categories affect pricing with Turkish Airlines TK. Additionally, information on flight routes and a breakdown of included and excluded costs are provided, offering essential guidance for cargo transportation.

07/22/2025 Logistics
Read More
Key Packaging Techniques Boost Air Freight Safety

Key Packaging Techniques Boost Air Freight Safety

In international air transport, the effectiveness of cargo packaging directly affects transportation safety. This article presents four key packaging techniques, including selecting appropriate materials, enhancing stacking strength, addressing extreme conditions, and clear labeling, aimed at significantly reducing the risk of cargo damage and ensuring the safe arrival of goods at their destination.