US Freight Market Withstands Economic Slowdown Avoids Recession

US Freight Market Withstands Economic Slowdown Avoids Recession

Economist Costello argues the US economy is not in a recession, but rather returning to long-term growth trends. The risk of a recession may emerge in late 2020 or 2021. Focus should be placed on costs and efficiency within the trucking industry. He suggests that while some sectors may be experiencing downturns, the overall economy is showing signs of stabilization and potential for future expansion, particularly if the trucking sector can optimize its operations.

02/12/2026 Logistics Industry Insights
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Freight Industry Grapples With Slow Growth Driver Shortage

Freight Industry Grapples With Slow Growth Driver Shortage

American Trucking Associations Chief Economist Bob Costello provided an in-depth analysis of the current state and future trends of the freight economy at the RILA conference. He believes economic growth is slowing but the fundamentals remain solid, although 2021 may present challenges. Costello highlighted key issues including the labor market, housing market, trade frictions, and the persistent driver shortage. He offered suggestions for businesses to navigate the uncertainties ahead, emphasizing the need for proactive planning and adaptability in a dynamic economic environment.

02/12/2026 Logistics Industry Insights
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US Freight Index Points to Sustained Economic Recovery

US Freight Index Points to Sustained Economic Recovery

Data from the U.S. Department of Transportation shows the Freight Transportation Services Index has increased for five consecutive months, indicating a gradual recovery of the U.S. economy. The report analyzes the index's key data, driving factors, potential risks, and challenges. It also provides strategic recommendations for freight companies, aiming to help them seize opportunities and achieve sustainable development. This upward trend in the freight index suggests increased economic activity and demand for goods, offering valuable insights for businesses navigating the evolving logistics landscape.

02/12/2026 Logistics
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Renmark Airport Releases Guide to Streamline Air Cargo Operations

Renmark Airport Releases Guide to Streamline Air Cargo Operations

This article provides detailed information about Renmark Airport (RMK) in Australia and highlights the West Coast Freight Airport Three-Letter Code Query System. This system contains information on over 40,000 cities and airports worldwide, offering various search methods and practical functions. It is an essential tool for air freight professionals. West Coast Freight Network is committed to providing comprehensive, accurate, and timely air freight information services.

09/29/2025 Airport Codes
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An In-depth Exploration of Container Shipping Freight Calculation and Understanding

An In-depth Exploration of Container Shipping Freight Calculation and Understanding

This article analyzes the freight calculation methods in container liner transportation, introducing the components of basic freight and additional charges, as well as the impact of different handover methods on freight costs. Furthermore, it delves into the freight ton calculation methods for full container loads and less-than-container loads, aiming to help readers better understand the cost structure of container transportation and its rationalization.

07/18/2025 Logistics Encyclopedia
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Cass Freight Index Shows October Demand Slump Amid Labor Strikes

Cass Freight Index Shows October Demand Slump Amid Labor Strikes

The Cass Freight Index reveals declines in both freight volume and expenditures in October, year-over-year and month-over-month, primarily due to weak demand and the UAW strike. Analysts suggest that private fleets' internal sourcing may lead to overall freight volume outperforming road transport. Looking ahead, economic conditions, geopolitical risks, and technological changes will continue to impact the freight market, requiring proactive responses from businesses.

01/21/2026 Logistics Industry Insights
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Guide Simplifies Ocean Freight Invoice Accounting for Finance Teams

Guide Simplifies Ocean Freight Invoice Accounting for Finance Teams

Struggling with accounting for shipping freight invoices? This article provides a detailed explanation of the accounting process for shipping freight invoices, including setting up detailed accounts, accounting methods for different scenarios, the accounting process for general taxpayers, handling transportation documents, input tax deduction issues, and accounting for freight and insurance expenses for export companies. It helps you easily handle the accounting of shipping freight invoices.

02/06/2026 Customs Knowledge
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Guide to Port Opening Aims to Reduce Shipping Delays

Guide to Port Opening Aims to Reduce Shipping Delays

This article provides a detailed interpretation of the "Opening Port" concept in consolidation shipping. It analyzes various factors influencing the "Opening Port" time and offers practical advice for dealing with "Opening Port" delays. Mastering "Opening Port" knowledge will make your cargo transportation smoother. Learn about the factors that affect when a port opens for consolidated shipments and how to mitigate potential delays to ensure timely delivery of your goods.

08/23/2025 Port Encyclopedia
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Knight and Swift Merge Into 6B Trucking Giant

Knight and Swift Merge Into 6B Trucking Giant

Knight and Swift merged to form Knight-Swift, a $6 billion trucking giant. The merger was led by the Knight team and aims to integrate resources and enhance competitiveness in the market. This consolidation represents a significant shift in the trucking industry landscape, creating a larger and potentially more efficient player. The combined entity is expected to leverage synergies and economies of scale to improve profitability and market share.

01/15/2026 Logistics
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Sysco Acquires Coastal Companies to Expand Food Distribution Reach

Sysco Acquires Coastal Companies to Expand Food Distribution Reach

Sysco's acquisition of fresh produce distributor The Coastal Companies aims to expand its proprietary fleet, enhance cold chain logistics capabilities, broaden market share, optimize the supply chain, and improve customer service. This move is likely to accelerate consolidation in the food distribution industry, increase logistical efficiency, drive technological innovation, and intensify market competition. The acquisition signals Sysco's commitment to strengthening its position through strategic investments in its fleet and logistics network.

01/19/2026 Logistics
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