Guide Simplifies Ocean Freight Invoice Accounting for Finance Teams

Guide Simplifies Ocean Freight Invoice Accounting for Finance Teams

Struggling with accounting for shipping freight invoices? This article provides a detailed explanation of the accounting process for shipping freight invoices, including setting up detailed accounts, accounting methods for different scenarios, the accounting process for general taxpayers, handling transportation documents, input tax deduction issues, and accounting for freight and insurance expenses for export companies. It helps you easily handle the accounting of shipping freight invoices.

02/06/2026 Customs Knowledge
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PITT OHIO Expands Nextday Delivery in New York

PITT OHIO Expands Nextday Delivery in New York

PITT OHIO has significantly improved logistics efficiency to and from New York State by adding 32 new next-day delivery lanes. This expansion not only optimizes transportation times but also reflects PITT OHIO's customer-centric approach, integrating resources and leveraging technology to become a regional logistics leader. The move demonstrates their strategic commitment to meeting customer demands and solidifying their position in the market.

01/16/2026 Logistics
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Roadone Acquires The Transporter to Expand Logistics Network

Roadone Acquires The Transporter to Expand Logistics Network

RoadOne IntermodaLogistics' acquisition of The Transporter marks a strategic expansion in the regional intermodal market. This acquisition aims to optimize the regional intermodal network, improve service efficiency, and potentially trigger a new round of consolidation within the industry. Ultimately, this will benefit consumers and drive the logistics system towards greater efficiency. The move strengthens RoadOne's position and signals a commitment to enhancing regional transportation solutions.

01/16/2026 Logistics
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Antwerp Port Shutdown Disrupts EU Ecommerce Supply Chains

Antwerp Port Shutdown Disrupts EU Ecommerce Supply Chains

The Port of Antwerp in Belgium is facing a five-day shutdown due to strikes and holidays, potentially impacting delivery times for cross-border e-commerce shipments. Our company has activated contingency plans, actively coordinating container pickup appointments and transportation to minimize the strike's impact on cargo movement and safeguard customer interests. We are closely monitoring the situation and will provide timely updates on the latest developments.

01/16/2026 Logistics
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Q1 2025 Freight Index Shows Diverging Multimodal Pricing Trends

Q1 2025 Freight Index Shows Diverging Multimodal Pricing Trends

The TD Cowen-AFS Freight Index reveals a mixed bag for different transportation modes despite overall weak freight demand. Truckload spot rates are slightly up, but contract rates remain under pressure. Parcel carriers are adapting to market competition through flexible pricing strategies. LTL pricing remains stable, but there are signs of weakening pricing discipline. The index provides valuable market insights and decision-making support for freight companies.

12/31/2025 Logistics Industry Insights
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US Truckload Market Holds Steady Amid Modest Demand Decline

US Truckload Market Holds Steady Amid Modest Demand Decline

DAT reports a slight increase in available freight and a decrease in available trucks in the US spot truckload market. This dynamic has kept freight rates firm despite the typical 'July lull.' Factors such as market supply and demand, driver shortages, and economic recovery are contributing to this trend. Shippers should closely monitor market dynamics and adjust their transportation strategies accordingly to navigate the current environment.

01/19/2026 Logistics
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US Diesel Prices Spike Raising Economic and Energy Sector Alarms

US Diesel Prices Spike Raising Economic and Energy Sector Alarms

US diesel prices have risen for 14 consecutive weeks, reaching $2.801 per gallon, a recent high. Key drivers include crude oil prices, limited drilling activity, and a slow economic recovery. The price increase is expected to raise costs for transportation, agriculture, and construction, potentially triggering inflation. Businesses and individuals should improve fuel efficiency and adopt alternative fuels. The government may consider intervention to alleviate the pressure.

01/19/2026 Logistics
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Yellow Corp Reports Smaller Q1 Loss Revenue Rises

Yellow Corp Reports Smaller Q1 Loss Revenue Rises

Yellow Corp. released its Q1 earnings report, showing a significant reduction in losses to $27.5 million, with operating revenue increasing to $1.26 billion. The company holds a prominent position in the Less-than-Truckload (LTL) transportation market. Through optimized operations and improved services, Yellow Corp. has demonstrated significant performance improvement. Future development will require continued focus on market competition and ongoing innovation to maintain its positive trajectory.

01/19/2026 Logistics
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Truck Drivers Face ELD Mandate Deadline for Digital Logs

Truck Drivers Face ELD Mandate Deadline for Digital Logs

A U.S. court upheld the ELD mandate, signaling a digital shift in the trucking industry. While ELDs aim to improve safety and efficiency, they've raised concerns among drivers regarding privacy and costs. Capacity may tighten, and prices could rise, potentially reshaping the industry and accelerating technological innovation. The mandate represents a significant change, forcing adaptation and highlighting the evolving landscape of freight transportation in the United States.

01/19/2026 Logistics
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US Freight Decline Points to Economic Slowdown

US Freight Decline Points to Economic Slowdown

The U.S. Freight Transportation Services Index (TSI) decreased in December for the first time in four months, ending a streak of consecutive increases. The index showed an overall growth of 1.0% for the year. However, factors such as supply chain disruptions remain important considerations. This decline warrants attention as broader economic indicators are analyzed and the impact of ongoing supply chain challenges is assessed.

01/20/2026 Logistics
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