YRC Freight Teamsters Agree on Pay Raises After Decade of Cuts

YRC Freight Teamsters Agree on Pay Raises After Decade of Cuts

YRC Freight Teamsters members have ratified a new national master agreement, delivering wage increases, vacation reinstatement, and benefit security for employees. Covering approximately 25,000 workers, the contract aims to improve their lives and recognize their contributions to the company. Highlights include a $4 wage increase over five years, the restoration of a week of vacation, protection of healthcare benefits, and a ban on the use of driverless trucks. The agreement provides stability and improved conditions for the workforce.

02/04/2026 Logistics
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EU Weighs High Tariffs on Chinese Hybrid Cars Amid Trade Spat

EU Weighs High Tariffs on Chinese Hybrid Cars Amid Trade Spat

The EU is considering imposing tariffs of up to 35.3% on Chinese hybrid vehicles, potentially reaching 45% with existing rates. This stems from surging Chinese hybrid vehicle exports and EU concerns about subsidies. Simultaneously, the US exhibits protectionist tendencies, threatening tariffs on French goods. These events highlight escalating global trade friction and rising protectionism, creating uncertainty for the global economy. The proposed EU tariffs and US threats exemplify the growing trend of trade disputes and potential barriers to international commerce.

02/03/2026 Customs Knowledge
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Guide to Key Terms in Global Ecommerce on Amazon Aliexpress Ebay

Guide to Key Terms in Global Ecommerce on Amazon Aliexpress Ebay

This article provides a detailed interpretation of core terminology used on the three major cross-border e-commerce platforms: Amazon, AliExpress, and eBay. It also introduces the DaShu cross-border common terminology query tool, designed to help sellers quickly grasp platform rules and improve operational efficiency, ultimately leading to sales growth. This tool offers authoritative, accurate, convenient, and practical term explanations, assisting sellers in achieving success in the cross-border e-commerce market.

02/03/2026 Logistics Encyclopedia
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US Rail Freight Rises in Early August on Carload Intermodal Growth

US Rail Freight Rises in Early August on Carload Intermodal Growth

According to the Association of American Railroads, U.S. rail freight continued to grow in the week ending August 9th, with carload traffic up 2.4% year-over-year and intermodal traffic up 3.4%. Year-to-date figures show a 2.8% increase in total carloads and a 4.6% increase in total intermodal volume. This growth in rail freight reflects the overall economic recovery in the United States. However, the industry faces challenges related to infrastructure and competition.

02/04/2026 Logistics
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Barclays Upgrades ASML to Overweight Targets 1500 on AI Chip Demand

Barclays Upgrades ASML to Overweight Targets 1500 on AI Chip Demand

Barclays upgraded ASML's stock rating to 'Overweight' with a target price increase to €1500, demonstrating confidence in ASML's future development. The analysis highlights ASML's technological advantages, challenges, and opportunities, as well as its leading position in the semiconductor industry. It suggests that ASML is likely to maintain its leading position and generate substantial returns for investors in the future. The upgrade reflects a positive outlook on ASML's prospects and its ability to capitalize on the growing demand for advanced semiconductor manufacturing equipment.

02/05/2026 HS Code Query
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Cuba Calls on WTO to Address Trade Barriers Masked As Regulations

Cuba Calls on WTO to Address Trade Barriers Masked As Regulations

Cuba proposed strengthening GATT Article V at the WTO, aiming to prevent members from imposing trade barriers based on "non-commercial reasons," restricting the free transit of goods and means of transport. The proposal emphasizes the principle of non-discrimination, calling for a clear definition of "non-commercial reasons," enhanced review mechanisms, and the establishment of dispute resolution mechanisms. The goal is to build a fairer and more transparent international trade system by addressing potential abuses of trade restrictions under the guise of non-commercial justifications.

02/06/2026 Customs Knowledge
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New Regulations Spark Compliance Challenges for Toy Sellers on Temu Amazon

New Regulations Spark Compliance Challenges for Toy Sellers on Temu Amazon

Temu and Amazon are tightening compliance requirements for the toy category, posing multiple challenges for sellers, including increased security deposits, CPC certification, and direct verification. Sellers need to promptly pay the deposit, choose a compliant testing organization, and standardize product labeling. In the long term, establishing independent brands and enhancing product added value are crucial for sustainable development. This requires proactive adaptation and investment in quality and safety to meet the evolving demands of these major e-commerce platforms.

02/12/2026 Customs Knowledge
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Shenzhen Leads the World: The City with the Highest Quantity of Pure Electric Logistics Vehicles

Shenzhen Leads the World: The City with the Highest Quantity of Pure Electric Logistics Vehicles

Shenzhen is a global leader in promoting pure electric logistics vehicles, aiming to achieve a 50% usage rate by 2020. The first China New Energy Vehicle (Logistics Vehicle) Challenge is set to take place on December 20, attracting numerous automakers and logistics giants. Shenzhen's initiatives target the promotion of 9,203 pure electric logistics vehicles, contributing to the establishment of a green urban delivery system.

07/18/2025 Logistics
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