North American Class 8 Truck Orders Drop Sharply Amid Demand Uncertainty

North American Class 8 Truck Orders Drop Sharply Amid Demand Uncertainty

North American Class 8 heavy truck orders experienced a significant decline in November, raising concerns about a potential demand inflection point. Experts attribute this downturn to a combination of factors, including seasonality, economic conditions, and excess capacity. Despite these challenges, opportunities remain in areas such as infrastructure development and e-commerce growth. Companies should closely monitor market trends and adapt flexibly to navigate this new market cycle.

01/30/2026 Logistics
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Intermodal Volumes Decline Sharply in March

Intermodal Volumes Decline Sharply in March

The Intermodal Association of North America (IANA) reports a 3.7% year-over-year decrease in U.S. intermodal volume for March. Trailer volume experienced the most significant drop at 12.1%. Domestic and international container volumes also saw declines. These figures indicate that the intermodal market is facing multiple pressures, and its future trajectory remains uncertain. The downturn reflects broader economic concerns and potential shifts in freight demand.

01/29/2026 Logistics
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US Freight Market Resilient Despite Midyear Dip Longterm Growth Steady

US Freight Market Resilient Despite Midyear Dip Longterm Growth Steady

According to data from the American Trucking Associations, truck freight volume saw a slight dip in June, but the overall market remains robust. Economic recovery is the driving force behind the growth, with varying prospects across different market segments. Experts recommend paying close attention to market dynamics, optimizing operational efficiency, seizing opportunities, and embracing challenges to collectively usher in the next golden age of the freight market.

01/29/2026 Logistics
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August Retail Sales Jump As Supply Chains Face Pressure

August Retail Sales Jump As Supply Chains Face Pressure

August retail sales showed both month-over-month and year-over-year growth, indicating a steady economic recovery. However, challenges such as e-commerce disruption, last-mile delivery issues, inventory management, supply chain visibility, and sustainability are becoming increasingly prominent. Businesses need to embrace digital transformation, optimize supply chain networks, strengthen collaboration, enhance resilience, and cultivate talent to navigate these changes and maintain a competitive edge.

01/29/2026 Logistics
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Sudan Customs Modernizes HR with WCO Assistance

Sudan Customs Modernizes HR with WCO Assistance

The World Customs Organization (WCO) supports Sudan Customs in its HR management modernization transformation. Through workshops and expert assistance, the WCO helps Sudan Customs build a competency-based HR management system, including tools like a position directory, competency framework, job descriptions, and a competency dictionary. This initiative aims to improve customs service efficiency, enhance law enforcement capabilities, improve the customs image, and ultimately promote Sudan's economic development.

01/30/2026 Customs Knowledge
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Tanzania Boosts Trade with Upgraded Customs System

Tanzania Boosts Trade with Upgraded Customs System

With support from WCO/JICA, Tanzania is actively developing a customs risk management framework to enhance customs efficiency, combat smuggling and tax evasion, and promote trade facilitation. Through risk identification, assessment, control, and monitoring, this framework will help Tanzanian customs address challenges and contribute to national economic development. International cooperation and continuous improvement are key. The risk management concept is also applicable to other areas.

01/30/2026 Customs Knowledge
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ASEAN Trade Expands with RMB Settlement for Export Rebates

ASEAN Trade Expands with RMB Settlement for Export Rebates

This paper interprets the RMB settlement export tax rebate policy, focusing on its application in ASEAN trade. Companies trading with countries that have signed RMB trade circulation agreements can apply for tax rebates if the contract and payment are in RMB and an RMB account is opened. Businesses should closely monitor policy updates and strengthen cooperation with financial institutions to fully utilize the convenience of RMB settlement. This facilitates smoother trade transactions and potentially reduces exchange rate risks within the ASEAN region.

08/22/2025 International Settlement
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Gimli Industrial Park Airport A Prairie Aviation Hubs Legacy

Gimli Industrial Park Airport A Prairie Aviation Hubs Legacy

Gimli Industrial Park Airport, located in Manitoba, Canada, serves as a vital aviation hub connecting the regional economy. This article details the airport's geographical location, facilities, historical background (including the famous "Gimli Glider" incident), and future development opportunities. It showcases the airport's unique value and significance within the Canadian aviation system. The airport's history and strategic location contribute to its ongoing importance for both passenger and cargo transport in the region. Its continued growth is essential for supporting Manitoba's economy.

09/02/2025 Airport Codes
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Guide to SWIFTBIC Codes for Payments to Turkmenistan

Guide to SWIFTBIC Codes for Payments to Turkmenistan

This article provides a detailed analysis of the importance of SWIFT/BIC codes in cross-border payments to Turkmenistan. It offers various methods for finding and verifying these codes, and addresses frequently asked questions. The aim is to provide a practical guide for individuals and organizations involved in cross-border payments to Turkmenistan, ensuring the safe and efficient arrival of funds at their destination. This guide covers key aspects of using SWIFT codes for successful transactions in this specific region.

09/01/2025 International Settlement
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Guide to Faroese SWIFT Codes for International Transfers

Guide to Faroese SWIFT Codes for International Transfers

This article provides a detailed explanation of the role and importance of Faroe Islands SWIFT/BIC codes in international money transfers. It outlines various methods for finding and verifying SWIFT/BIC codes and compares them with IBANs. Furthermore, it highlights important considerations for international money transfers, aiming to assist readers in completing secure and efficient international transfers involving the Faroe Islands. The article focuses on ensuring a smooth and reliable process for individuals and businesses engaging in financial transactions with this region.

09/01/2025 International Settlement
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