Global Standards Set for Customs Leadership Excellence

Global Standards Set for Customs Leadership Excellence

The WCO's PICARD Programme, in collaboration with the International Network of Customs Universities (INCU), has developed a set of professional development standards for customs middle and senior managers. These standards aim to enhance the leadership, management capabilities, and professional skills of customs officials. They can be flexibly applied to internal training and recruitment strategies, helping to build high-performing customs management teams capable of addressing increasingly complex international trade challenges. The standards provide a framework for continuous improvement and professional growth within customs administrations worldwide.

Global Airlines to Stabilize at 39 Profit Margin by 2026

Global Airlines to Stabilize at 39 Profit Margin by 2026

IATA forecasts the global airline industry's profitability will stabilize by 2026, reaching a net profit margin of 3.9%, despite ongoing supply chain challenges. Passenger and cargo volumes, along with total revenue, are projected to increase. However, the imbalance between industry profitability and value contribution persists, requiring a reshaping of the value chain. The report also analyzes the development of the aviation industry in various regions and highlights passengers' expectations for sustainable development within the sector. The industry needs to address these issues to ensure long-term success.

Ecommerce Boom Drives Six Key Trends in Freight Industry

Ecommerce Boom Drives Six Key Trends in Freight Industry

Faced with rising freight costs and driver shortages, shippers are actively adjusting their strategies. Six major trends in freight management are emerging: portfolio freight management, collaborative efforts to address driver shortages, reducing detention time, increasing private fleets, adopting technology to manage fleets, and developing autonomous trucks. These trends will reshape the future of freight, helping businesses manage logistics more efficiently. The adoption of autonomous driving especially promises to revolutionize long-haul transportation and alleviate driver scarcity, offering a potential solution to current industry challenges.

US Manufacturing Growth Slows in July As Inventories Dip

US Manufacturing Growth Slows in July As Inventories Dip

The ISM's July manufacturing report indicates a slight dip in the PMI, with key indicators like new orders and production generally declining, increasing the risk of inventory buildup. Businesses commonly cite inflation, reduced orders, and raw material supply issues. Experts believe that manufacturing has not fallen into recession, but caution against inventory risk and emphasize the need for refined operations. The report suggests a slowing manufacturing sector facing challenges related to demand and supply chain disruptions, requiring careful management of inventory levels to mitigate potential losses.

Forward Air CEO Steps Down During Omni Logistics Merger

Forward Air CEO Steps Down During Omni Logistics Merger

Forward Air CEO Tom Schmitt has abruptly resigned, with Michael Hance taking over as interim CEO. This leadership change occurs during a critical period following the acquisition of Omni Logistics, presenting significant integration challenges. The company faces the task of seamlessly merging operations and cultures while navigating the uncertainty brought about by the sudden departure of its top executive. The market will be watching closely to see how Forward Air manages this transition and whether it can successfully realize the anticipated synergies from the Omni Logistics acquisition.

01/20/2026 Logistics
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US Rail Freight Mixed in March Coal Autos Rise

US Rail Freight Mixed in March Coal Autos Rise

According to the Association of American Railroads, U.S. rail freight and intermodal volumes decreased year-over-year in the first week of March, while coal, petroleum, and automotive shipments bucked the trend with increases. Economic downturn, inflation, and supply chain issues are key contributing factors. Logistics companies need to optimize operations, expand services, strengthen partnerships, and embrace digitalization to address challenges and seize opportunities. These strategies are crucial for navigating the current economic climate and ensuring future growth in the face of fluctuating freight demands.

01/20/2026 Logistics
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Korn Ferry Supply Chain Talent Adapts to Postpandemic Demands

Korn Ferry Supply Chain Talent Adapts to Postpandemic Demands

A CRI International survey reveals that the pandemic has accelerated cultural changes in supply chains, with agility, resilience, and collaboration becoming key. Companies are facing a shortage of end-to-end talent and need to break down departmental barriers and broaden their selection horizons. CRI International helps companies meet these challenges by building outstanding supply chain teams and embracing the digital future. The survey highlights the urgent need for organizations to adapt their talent strategies to foster a more responsive and adaptable supply chain workforce.

US Truckload Demand Slows As Rates Volumes Decline in July

US Truckload Demand Slows As Rates Volumes Decline in July

The US truckload market showed signs of cooling in late July, with both rates and volumes declining. The dry van, refrigerated, and flatbed sectors all exhibited weakness. Sluggish agricultural shipments significantly impacted the refrigerated market. A combination of economic headwinds, excess capacity, and seasonal factors contributed to the market challenges. Freight companies and shippers need to closely monitor market dynamics and leverage data-driven decision-making to navigate the current environment. The downturn highlights the importance of adaptability and strategic planning in the face of market volatility.

01/20/2026 Logistics
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Global Supply Chain Crisis Deepens As Talent Shortage Worsens

Global Supply Chain Crisis Deepens As Talent Shortage Worsens

A Manpower Group survey reveals a growing supply chain talent shortage in the US, with 52% of employers facing recruitment challenges. Skills mismatch is a primary driver. Both future supply chain professionals and companies need to prioritize skills development. Addressing the talent gap requires initiatives like training programs and industry-academia partnerships to ensure a stable and efficient supply chain. Focusing on upskilling and reskilling will be crucial to meet the evolving demands of the industry and mitigate the impact of the skills shortage.

UPS Wins USPS Air Cargo Contract Altering Delivery Competition

UPS Wins USPS Air Cargo Contract Altering Delivery Competition

UPS has won an air cargo contract with the United States Postal Service (USPS), potentially reshaping the express delivery landscape. Experts suggest that USPS's strategic shift and intensified market competition were key factors driving this collaboration. UPS is expected to expand its market share as a result, while FedEx faces challenges in terms of both revenue and market share. This deal highlights the evolving dynamics within the express delivery sector and the increasing pressure on companies to adapt to changing market demands and customer needs.