Trucking Demand Surges Postthanksgiving As Rates Climb

Trucking Demand Surges Postthanksgiving As Rates Climb

The US truckload spot market experienced a robust rebound post-Thanksgiving, with surging freight volumes, increased capacity demand, and steady rate increases. DAT data shows significant growth in freight volumes across all equipment types, leading to tighter capacity. Experts suggest the market may have bottomed out, but caution is advised due to seasonal factors and macroeconomic influences. A cautiously optimistic outlook prevails, acknowledging the potential for continued recovery while remaining mindful of external pressures.

01/19/2026 Logistics Industry Insights
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Swiss SECO WCO Collaborate to Boost Global Trade Efficiency

Swiss SECO WCO Collaborate to Boost Global Trade Efficiency

The Swiss SECO, in collaboration with the WCO, has launched the "Global Trade Facilitation Programme" with an investment of 5.5 million Swiss francs. This initiative aims to enhance trade competitiveness and integration into the global economy for developing and transition countries, fostering sustainable development. The programme focuses on organizational capacity building, technical assistance, and WCO capacity building support. Bolivia, Colombia, Peru, and Uzbekistan are among the first countries to benefit from this project.

01/20/2026 Customs Knowledge
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Global Shipping Faces Summer Crisis As Freight Rates Soar

Global Shipping Faces Summer Crisis As Freight Rates Soar

The global freight market faced severe challenges in May 2021. Trans-Pacific routes experienced congestion, leading to increased freight rates and tight capacity. Equipment shortages in Asia and port congestion in Europe impacted the repositioning of empty containers. Air freight demand surged, resulting in a capacity crunch and soaring prices. The ongoing pandemic continued to disrupt global supply chains. It is recommended to book space in advance and choose quality services to mitigate potential disruptions.

01/27/2026 Logistics
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US Trucking Freight Volume Rises Hinting at Economic Rebound

US Trucking Freight Volume Rises Hinting at Economic Rebound

According to data from the American Trucking Associations (ATA), freight volume surged 5.5% year-over-year and 0.5% month-over-month in February, marking the largest monthly increase since July 1998. The recovery in manufacturing, retail, and real estate sectors fueled this growth. However, rising fuel prices and tight capacity remain potential challenges. Analysts believe that freight volume growth will outpace capacity growth slightly, highlighting the urgent need for reinvestment in the industry.

01/28/2026 Logistics
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North Americas Class 8 Truck Orders Hit Sharp Decline

North Americas Class 8 Truck Orders Hit Sharp Decline

North American Class 8 truck orders experienced a significant decline in October, signaling a potential market downturn. Supply chain issues have constrained OEM production capacity, hindering order growth. Despite challenges like limited capacity and rising costs, the logistics industry is also seeing opportunities in technological innovation, a thriving used truck market, and the emergence of alternative transportation modes. Moving forward, the industry needs to actively embrace change to find opportunities for growth amidst uncertainty.

01/29/2026 Logistics Industry Insights
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Freight Industry Faces Economic Challenges Amid Downturn

Freight Industry Faces Economic Challenges Amid Downturn

Bloomberg analysts believe the risk of a US economic recession is high, leading to a downturn in the freight market and a capacity exodus. Spot rates are expected to rebound in the second half of the year, with a return of peak season demand. Inventory adjustments will be crucial in driving this recovery. The freight market is currently experiencing a cold winter, and capacity adjustments are underway to adapt to the changing economic conditions.

01/28/2026 Logistics Industry Insights
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WCO Tool Boosts Customs Training in Eswatini Pilot

WCO Tool Boosts Customs Training in Eswatini Pilot

The WCO piloted an assessment tool to enhance customs capacity building. Working with Eswatini, data was collected to refine the tool. The initiative aims to empower customs officers and improve their professional capabilities. This pilot program provides valuable insights for further development and implementation of the assessment tool, contributing to more effective and efficient customs operations globally. The focus is on providing customs administrations with the means to identify areas for improvement and tailor capacity building programs accordingly.

01/05/2026 Customs Knowledge
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Finnish Customs Boosts Global Trade Via WCO Training

Finnish Customs Boosts Global Trade Via WCO Training

Finnish Customs actively participates in WCO capacity building projects, contributing to global customs capacity enhancement and trade facilitation through workshops and financial support. The Finnish government's financial support for WCO projects in East and Southern Africa will further promote customs modernization and trade development in the region. Finnish Customs will continue to deepen its cooperation with the WCO in the future, contributing to global trade prosperity. They aim to strengthen customs procedures and promote efficient trade practices worldwide.

12/30/2025 Customs Knowledge
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WCO Strategy Boosts Global Trade Efficiency

WCO Strategy Boosts Global Trade Efficiency

This paper provides an in-depth analysis of the World Customs Organization's (WCO) regional capacity building strategy, aiming to enhance the competitiveness of its members in global trade by building efficient and collaborative regional networks. It details the key mechanisms of regional capacity building, the core mission and functions of ROCBs, specific operational strategies, and the crucial roles of the WCO Secretariat and Regional Vice-Chairs. This provides clear guidance and reference for customs officials and related practitioners.

12/30/2025 Customs Knowledge
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