Freight Market Slows Amid Memorial Day Slump Summer Peak at Risk

Freight Market Slows Amid Memorial Day Slump Summer Peak at Risk

Late May freight market data indicates a decline in both freight volumes and freight rates in the US, while capacity saw a slight increase. The dry van, refrigerated, and flatbed markets are all facing varying degrees of challenges. Experts suggest this could be a short-term fluctuation or a sign of increased uncertainty for the upcoming summer peak season. Trucking companies need to closely monitor market dynamics and optimize operational efficiency to survive and thrive in the competitive landscape.

01/22/2026 Logistics Industry Insights
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VICTAM Asia 2026 to Spotlight Southeast Asias Feed Market in Thailand

VICTAM Asia 2026 to Spotlight Southeast Asias Feed Market in Thailand

VICTAM ASIA 2026, a feed industry exhibition, will be held in Bangkok, Thailand in March. Focusing on feed processing, ingredients, and additives, the event provides a platform for companies to seize opportunities in the Southeast Asian market. This exhibition offers a comprehensive overview of the latest trends and technologies in animal feed production, allowing businesses to connect with potential partners and expand their reach within the region. Don't miss this chance to explore new business prospects and gain a competitive edge in the dynamic Southeast Asian feed market.

01/23/2026 Logistics Industry Insights
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Echain ERP Boosts Crossborder Sellers for Amazon Tiktok Sales

Echain ERP Boosts Crossborder Sellers for Amazon Tiktok Sales

Facing the dual challenge of Amazon Prime Day and TikTok Shop's mid-year promotion, cross-border sellers need to move beyond a single-platform mindset and achieve synergy between both platforms. E-Cang ERP facilitates this by deeply integrating with both platforms, offering features like intelligent advertising optimization, a global sales dashboard, efficient order management, and intelligent inventory planning. These capabilities empower sellers to stand out in the fierce competition and achieve significant sales growth during peak seasons.

01/19/2026 Logistics Industry Insights
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Adelaide Airport Expands Amid Rising Passenger Demand

Adelaide Airport Expands Amid Rising Passenger Demand

Adelaide International Airport is the main aviation hub of South Australia, serving as an important gateway for both international and domestic flights. Located at 34°56'S latitude and 138°31'E longitude, with an elevation of 20 feet, the airport offers diverse services and modern facilities to meet passenger needs while supporting regional economic development.

08/06/2025 Airport Codes
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Nigerias Asaba Airport Emerges As Key Aviation Hub

Nigerias Asaba Airport Emerges As Key Aviation Hub

Asaba International Airport has the ICAO code DNAS and the IATA code ABB. As an important aviation hub in Nigeria, the airport is situated at an elevation of 305 feet, with coordinates of 6°12'12.00" N and 6°39'32.00" E. It not only caters to local transportation needs but also supports the economic development of the region.

08/08/2025 Airport Codes
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Papua New Guineas Misima Island Airport Faces Infrastructure Challenges

Papua New Guineas Misima Island Airport Faces Infrastructure Challenges

Misima Island Airport is located in Papua New Guinea, with geographic coordinates of 10°41'21.12"S 152°50'16.79"E. This airport serves as a vital transportation hub connecting Misima Island to the outside world. It plays a significant role in facilitating local economic development and cultural exchange. Further information can be found on its Wikipedia page.

01/05/2026 Airport Codes
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Uzhhorod Airport Bridges Ukraine to Europe Amid War

Uzhhorod Airport Bridges Ukraine to Europe Amid War

Uzhhorod International Airport (UDJ/UKLU) is located in Ukraine, with geographic coordinates 48° 38' 3.48" N, 22° 15' 48.24" E. It plays a vital role in Ukraine's economy and international connections. The airport facilitates both domestic and international travel, contributing to the region's accessibility and development. Its strategic location makes it a key transportation hub within Ukraine.

01/22/2026 Airport Codes
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Trumps Tariff Threats Strain Global Trade Relations

Trumps Tariff Threats Strain Global Trade Relations

On July 9, Trump reiterated the threat of increased tariffs, while Treasury Secretary Becerra noted that some countries might reach agreements, but not all parties would meet deadlines. The U.S. Secretary of Commerce stated that an agreement with ten major trading partners is forthcoming, increasing pressure on national survival. Cargo owners and freight forwarders must closely monitor policy changes to mitigate potential risks.

06/30/2025 Logistics
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Guangzhous Bonded Logistics Hit Record Trade in H1 2025

Guangzhous Bonded Logistics Hit Record Trade in H1 2025

In the first half of 2025, Guangzhou's bonded logistics import and export volume reached 56.65 billion yuan, a year-on-year increase of 29.9%. Growth was driven by sectors such as international consolidation and distribution. The city's commerce bureau aims to facilitate trade by innovating policies and promoting new foreign trade models, supporting Guangzhou's development as a 'trade power city'.

08/07/2025 Logistics
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CIBC Explains SWIFT BIC Codes for Secure Transfers

CIBC Explains SWIFT BIC Codes for Secure Transfers

Understanding the SWIFT/BIC code of the Canadian Imperial Bank of Commerce (CIBC) is crucial for ensuring the security and timeliness of international money transfers. This article details the composition and importance of CIBC's SWIFT/BIC code, as well as how to verify the necessary information when making international remittances. Accurately using the correct SWIFT code can prevent potential issues in fund transfers.

08/12/2025 International Settlement
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