North American Class 8 Truck Orders Jump Amid Economic Growth ELD Rules

North American Class 8 Truck Orders Jump Amid Economic Growth ELD Rules

North American Class 8 truck orders continue to climb, driven by economic growth, the ELD mandate, and rising freight rates. Data from FTR and ACT Research shows significant order increases, indicating strengthened market confidence. The ELD mandate presents both opportunities and challenges, prompting fleets to optimize operations. Looking ahead, technology and sustainability will shape the industry, with autonomous driving and electric trucks poised to reshape trucking.

02/03/2026 Logistics
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North American Class 8 Truck Orders Stabilize in March Despite Supply Challenges

North American Class 8 Truck Orders Stabilize in March Despite Supply Challenges

North American Class 8 truck orders saw a slight month-over-month increase in March, but remained down year-over-year. OEM manufacturers' cautious strategies and persistent supply chain bottlenecks are key constraints. Market demand remains robust, suggesting potential for industry recovery. Close monitoring of supply chain dynamics and policy developments is crucial for future forecasting.

02/03/2026 Logistics
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WCO Backs Secretariat in Postpandemic Trade Revival

WCO Backs Secretariat in Postpandemic Trade Revival

The World Customs Organization (WCO) Council supported the Secretariat, focusing on key areas like capacity building and trade facilitation. By adopting resolutions such as the HS 2022 Amendments, the WCO COVID-19 Action Plan, and the SAFE Framework 2021, the WCO aims to simplify customs procedures, strengthen international cooperation, and improve customs management. These efforts are designed to contribute to global economic recovery and safeguard trade development in the post-pandemic era by empowering customs administrations around the world.

Aviation Leaders Shape Industry Future Via IATA Councils

Aviation Leaders Shape Industry Future Via IATA Councils

This paper delves into the operating rules of IATA's Advisory Councils, detailing their definition, roles and responsibilities, membership, chair election, meeting procedures, and the establishment of working groups. It also provides a detailed interpretation of the specific responsibilities of each advisory council, aiming to reveal how these 'aviation brains' contribute to the sustainable development of the global aviation industry. The analysis highlights the crucial role these councils play in shaping aviation policy and providing expert advice to IATA.

01/08/2026 Airlines
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Israels Somaliland Recognition Sparks International Outcry

Israels Somaliland Recognition Sparks International Outcry

Israel's recognition of Somaliland's "independence" has sparked strong international backlash. Egypt, Turkey, Somalia, Djibouti, the Gulf Cooperation Council, the Organization of Islamic Cooperation, and the Arab League have all condemned the move, emphasizing the need to uphold Somalia's sovereignty and international legal norms. This event has exacerbated regional tensions, and the international community's response is being closely watched. The recognition is seen as a potential destabilizing factor in the Horn of Africa, raising concerns about further fragmentation and conflict.

US Consumer Spending Fuels Growth Despite Economic Headwinds

US Consumer Spending Fuels Growth Despite Economic Headwinds

Council of Economic Advisers Chair Bernstein analyzes the current state of the US economy, emphasizing the importance of intermediate goods trade and highlighting consumption as the economic engine and employment as the cornerstone. The government is committed to balancing growth and stability while improving public well-being, but challenges such as high prices remain. Efforts are focused on navigating these inflationary pressures and fostering a robust labor market to ensure sustainable economic prosperity for all Americans.

WCO Highlights Data Strategy and Trade Tools at June Meetings

WCO Highlights Data Strategy and Trade Tools at June Meetings

The World Customs Organization (WCO) Permanent Technical Committee (PTC) meeting focused on data strategy, emphasizing the future of data-driven customs management. The meeting approved several key tools, including the 'Study Report on Disruptive Technologies' and the 'Rail Transit Handbook,' which will be submitted to the Policy Commission and Council for approval. Furthermore, discussions covered e-commerce, pandemic response, and the circular economy. The meeting also saw the election of a new chairman and vice-chairman.

Latin America Becomes Key Market for Fashion Ecommerce

Latin America Becomes Key Market for Fashion Ecommerce

While the global fashion industry's growth is projected to slow down by 2025, Latin American e-commerce presents significant potential. Brands need to pay close attention to evolving consumer behavior, leverage AI technology, expand price ranges, and adapt products to local tastes to succeed in the Latin American market. The Global Fashion Development Forum and the Latin American Fashion Trends Release will provide further market insights.

African Customs Agencies Boost Trade and Capacity Efforts

African Customs Agencies Boost Trade and Capacity Efforts

The 19th meeting of the Customs Management Council of the Eastern and Southern Africa (ESA) region focused on trade facilitation and capacity building. Emphasis was placed on the implementation of the WTO Trade Facilitation Agreement (TFA). Discussions covered regional cooperation, financial management, and the appointment of the WCO Director. The meeting aimed to promote African trade growth and regional economic integration through innovative customs procedures. Furthermore, the goal was to enhance customs efficiency and risk management capabilities within the ESA region.

ISSA and AEO Certification Boost Global Trade Security

ISSA and AEO Certification Boost Global Trade Security

The ISSA Council discussed the integration of the ISSA Standard with the World Customs Organization's (WCO) Authorized Economic Operator (AEO) concept. By combining ISSA's quality standards with AEO certification, the aim is to enhance supply chain security, customs clearance efficiency, and business competitiveness, thereby facilitating global trade and healthy development. This collaboration will contribute to establishing a more transparent, efficient, and secure international trade environment. The synergy aims to streamline processes and foster trust among stakeholders within the global supply chain.