East Coast Gulf Ports Ratify Sixyear Labor Pact With Wage Increases

East Coast Gulf Ports Ratify Sixyear Labor Pact With Wage Increases

The International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) have reached a new six-year contract covering 36 ports on the US East and Gulf Coasts. The agreement includes record wage increases and automation protections, averting a potential strike, ensuring supply chain stability, and paving the way for port modernization. The efforts of all parties and the solidarity of ILA members were key to reaching the agreement.

01/22/2026 Logistics
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Trucking Demand Surges Postthanksgiving DAT Reports

Trucking Demand Surges Postthanksgiving DAT Reports

DAT data reveals a robust rebound in the U.S. truckload spot market post-Thanksgiving, with a surge in freight volumes and a slight increase in capacity, leading to a tighter supply-demand balance. Dry van, refrigerated, and flatbed markets all experienced varying degrees of growth. Experts suggest this signals a market recovery, but caution is advised due to seasonal factors, macroeconomic conditions, and industry competition. A cautiously optimistic outlook is warranted.

01/19/2026 Logistics Industry Insights
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Trucking Demand Rises As Rates Fall Amid Excess Capacity

Trucking Demand Rises As Rates Fall Amid Excess Capacity

DAT data shows truckload volumes increased 4% week-over-week in the last week of January, but an even greater increase in truck availability led to declining rates. Rates for dry van, refrigerated, and flatbed freight all decreased. Industry analysts suggest that the market outlook is uncertain. Companies should closely monitor market dynamics, optimize operational efficiency, expand business scope, strengthen risk management, and embrace technological innovation to navigate the uncertainty.

01/19/2026 Logistics Industry Insights
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Truckload Demand Grows As Spot Rates Decline DAT Finds

Truckload Demand Grows As Spot Rates Decline DAT Finds

DAT data indicates increased truckload spot market demand at the end of January, yet freight rates declined. Dry van, refrigerated, and flatbed rates all experienced varying degrees of decrease. Analysts attribute this primarily to seasonal factors. Carriers need to optimize operations, expand their customer base, flexibly adjust capacity, and leverage technology to navigate market fluctuations. The decline in rates despite increased demand highlights the complexities of the current freight environment.

01/19/2026 Logistics Industry Insights
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WCO Launches New Global Customs Performance Standards

WCO Launches New Global Customs Performance Standards

The World Customs Organization (WCO) has launched the second round of its Performance Measurement Mechanism (PMM), aiming to enhance strategic decision-making and overall effectiveness of member customs administrations through a standardized assessment framework. The PMM is not only an evaluation tool but also a key instrument supporting capacity building and promoting international cooperation. The WCO encourages all members to actively participate in building an efficient and transparent global trade environment.

01/27/2026 Customs Knowledge
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Canadatoshenzhen Ocean Freight Costs and Timelines Revealed

Canadatoshenzhen Ocean Freight Costs and Timelines Revealed

Shipping time from Canada to Shenzhen varies depending on several factors, typically ranging from 15 to 25 days. Route, port, vessel type, weather conditions, and customs clearance all impact the transit duration. Choosing the optimal route and vessel, monitoring weather patterns, and cooperating with customs procedures are crucial for minimizing shipping time. Understanding these variables allows for better planning and potentially faster delivery of goods from Canada to Shenzhen.

01/28/2026 Logistics
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Disruptive Tech Tackles Global Food Waste Crisis

Disruptive Tech Tackles Global Food Waste Crisis

Global food loss is a significant problem, reaching up to 40%. Key contributing factors include low profit margins for farmers, stringent requirements from supermarkets, and inadequate storage and transportation infrastructure. Precision agriculture and other technological advancements hold promise in reducing food loss across the supply chain. Addressing this issue requires a collaborative effort from all stakeholders, including farmers, retailers, policymakers, and consumers, to implement sustainable practices and invest in innovative solutions.

01/29/2026 Logistics Industry Insights
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US Manufacturing Activity Holds Steady Amid Minor Decline

US Manufacturing Activity Holds Steady Amid Minor Decline

Although the US ISM Manufacturing PMI edged down slightly in February, it remained above the 50 threshold, indicating continued expansion in the manufacturing sector. Key indicators such as new orders, production, and employment all maintained growth. Rising prices and faster delivery speeds reflect adjustments in supply and demand. Analysis suggests the manufacturing industry is developing steadily. Businesses should adapt flexibly to market changes, and the government needs to provide continuous support.

01/30/2026 Logistics Industry Insights
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Shanghai Port Container Guide for Freight Forwarders

Shanghai Port Container Guide for Freight Forwarders

This article addresses common issues in freight forwarding operations at Shanghai Port. It provides detailed answers to questions regarding container yard entry/exit time inquiries, yard invoices, temperature-controlled container operations, and the pricing term "USD 4100 ALL-IN." The aim is to offer practical guidance for freight forwarding professionals working in Shanghai. It covers practical aspects of container handling and pricing within the specific context of Shanghai port's freight forwarding landscape.

08/22/2025 Logistics Encyclopedia
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UOB Singapore SWIFT Codes Simplify Crossborder Transfers

UOB Singapore SWIFT Codes Simplify Crossborder Transfers

This article provides a detailed analysis of United Overseas Bank (UOB) Singapore's SWIFT code, UOVBSGSGXXX, and offers important considerations for cross-border remittances. It aims to help users avoid remittance issues caused by incorrect SWIFT codes, ensuring smooth international financial transactions. The article also reminds users to pay attention to exchange rates and fees, and to verify all information before initiating a transaction. This helps ensure accurate and efficient international money transfers through UOB.

09/03/2025 International Settlement
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