Truckstopcom Launches book It Now to Boost Freight Efficiency

Truckstopcom Launches book It Now to Boost Freight Efficiency

Truckstop.com announced the upcoming public release of its "Book It Now" feature, designed to streamline freight processes and improve efficiency. By allowing brokers to set rates and enabling preferred carriers to book instantly, the feature saves time and costs while increasing transparency and security in the freight market. This move marks a significant step towards smarter and more efficient operations within the freight industry, fostering innovation and improved workflows for all stakeholders.

02/12/2026 Logistics
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ATA Economist Analyzes Postpandemic Freight Market Trends at RILA

ATA Economist Analyzes Postpandemic Freight Market Trends at RILA

Freight economics expert Bob Costello analyzed at the RILA conference, predicting a slowdown in future economic growth while maintaining a solid foundation. Consumption and employment are the driving forces, while real estate and trade frictions pose risks. He advised freight companies to focus on technological innovation, last-mile logistics, and driver compensation. Strengthening risk management and establishing strategic partnerships are crucial for navigating challenges and seizing opportunities in the evolving freight landscape. The underlying economy is still strong, but companies need to be prepared for potential headwinds.

ATA Economist Predicts Freight Industry Trends at RILA Conference

ATA Economist Predicts Freight Industry Trends at RILA Conference

Bob Costello, Chief Economist at the American Trucking Associations, provided an in-depth analysis of the freight economic outlook at the RILA Retail Supply Chain Conference. He forecasts an economic slowdown rather than a recession in the near term, but a recession is inevitable, potentially in 2021. Despite challenges in the housing market, economic fundamentals remain solid, with strong manufacturing output. Long-term driver compensation has lagged, and increasing driver pay is crucial for the industry's sustainability and attracting new talent.

ATA Economist Examines Freight Market Trends at RILA Event

ATA Economist Examines Freight Market Trends at RILA Event

Bob Costello, Chief Economist at the American Trucking Associations, provided an in-depth analysis of the current state and future trends of the freight economy at the Retail Industry Leaders Association conference. He forecasts continued economic growth, albeit at a slower pace, emphasizing the strength of key economic fundamentals. Costello also highlighted challenges such as long-term lagging driver compensation. Despite existing uncertainties, he remains optimistic about the future of economic and freight growth.

US Freight Index Surge Points to Strong Economic Rebound

US Freight Index Surge Points to Strong Economic Rebound

The U.S. Bureau of Transportation Statistics reports a five-month consecutive increase in the Freight Transportation Services Index, signaling a robust U.S. economic recovery. This index, tracking freight volumes across trucking, rail, water, pipeline, and air, provides crucial market trend insights for businesses. Companies should closely monitor market dynamics, optimize supply chains, and expand into diversified businesses to seize opportunities and address challenges. This sustained growth in freight activity underscores a positive outlook for various sectors and highlights potential areas for investment and expansion.

02/12/2026 Logistics
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Ocean Freight Contracts Face New Challenges Amid Industry Shifts

Ocean Freight Contracts Face New Challenges Amid Industry Shifts

This article explores the evolving landscape of ocean freight contracts through an interview with the founder of Catapult International. It highlights increased market volatility and the application of digital technologies. The article emphasizes the need for businesses to re-evaluate contract terms, leverage digital tools, and strengthen collaboration with carriers to address current challenges. By adapting to these changes, companies can better navigate the complexities of the ocean freight market and mitigate potential risks.

The Unique Advantages and Market Value of International Air Freight

The Unique Advantages and Market Value of International Air Freight

International air freight plays a crucial role in global logistics due to its speed, safety, and flexibility. Compared to sea freight and express delivery, it offers a wider selection of airlines, more comprehensive regional coverage, and optimized operations for efficient transportation. Air freight significantly shortens transit times, accelerates cash flow, adapts to market demand changes, and creates more business opportunities for enterprises.

07/21/2025 Logistics
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Ningbo Reopens Direct US Air Cargo Route

Ningbo Reopens Direct US Air Cargo Route

The intercontinental freighter route from Ningbo, Zhejiang to the United States has recently resumed operations, promoting freight exchange between China and the U.S. and enhancing the efficiency of the international freight network. Operated by Atlas Air, the route runs three times a week, mainly carrying cross-border e-commerce and electronic products, marking the growth potential of the Ningbo freight market.

08/06/2025 Logistics
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Global Shipping Firms Adopt Strategies to Cut Container Shortage Costs

Global Shipping Firms Adopt Strategies to Cut Container Shortage Costs

This article explores the risks of dead freight in international shipping and insurance strategies to address them. It analyzes why traditional insurance fails to mitigate dead freight and proposes indirect solutions such as trade credit insurance and logistics liability insurance. The article also emphasizes practical methods to proactively reduce dead freight risks through contract clauses, flexible transportation options, and reasonable time scheduling.