STB Chair Warns of US Freight Rail Service Crisis

STB Chair Warns of US Freight Rail Service Crisis

Surface Transportation Board (STB) Chairman Martin Oberman strongly criticized the “collapse” of US freight rail service and labor shortages at the RailTrends conference. He pointed out that railroad companies have significantly reduced staff in pursuit of profits, leading to train delays, embargoes, and other problems, causing significant losses to the US economy. Oberman argued that these actions prioritize profits over service. He called for strengthened regulation, increased investment, and encouragement of innovation to reshape the future of US freight rail. He emphasized the need for railroads to prioritize service and reliability alongside financial performance.

Ukraine Crisis Drives Air Freight Price Hikes Strains Businesses

Ukraine Crisis Drives Air Freight Price Hikes Strains Businesses

The Ukraine crisis has led to soaring fuel costs and airspace restrictions, resulting in increased air freight surcharges and reduced capacity. Businesses should assess their supply chains, explore alternative solutions, plan capacity in advance, and optimize inventory management. Communication with customers is crucial. In the long term, companies should strengthen supply chain resilience through diversified suppliers, regionalized production, digital transformation, and robust risk management systems to effectively navigate these challenges.

01/19/2026 Logistics
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Global Shipping Faces Summer Crisis As Freight Rates Soar

Global Shipping Faces Summer Crisis As Freight Rates Soar

The global freight market faced severe challenges in May 2021. Trans-Pacific routes experienced congestion, leading to increased freight rates and tight capacity. Equipment shortages in Asia and port congestion in Europe impacted the repositioning of empty containers. Air freight demand surged, resulting in a capacity crunch and soaring prices. The ongoing pandemic continued to disrupt global supply chains. It is recommended to book space in advance and choose quality services to mitigate potential disruptions.

01/27/2026 Logistics
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US Rail Freight Crisis Speed Not Capacity Key to Relief

US Rail Freight Crisis Speed Not Capacity Key to Relief

US rail freight faces bottlenecks, seemingly due to insufficient vehicles, but fundamentally caused by lagging network speed. This article analyzes rail transportation efficiency, emphasizing the importance of improving network speed and optimizing operational processes. It proposes strategies including infrastructure upgrades, technological innovation applications, and process re-engineering, aiming to enhance the efficiency and resilience of rail transportation to meet increasing demand. Addressing network speed limitations is crucial for unlocking the full potential of rail freight and ensuring its competitiveness in the modern transportation landscape.

Port Congestion Crisis: Deep Impact on Shipping and Freight Forwarding Industry

Port Congestion Crisis: Deep Impact on Shipping and Freight Forwarding Industry

The severe congestion at Chittagong Port has led to vessel waiting times extending up to 10 days, causing significant overload in the yard. Shipping companies and the freight forwarding industry are suffering massive economic losses, resulting in diminished customer trust and increased operational costs. Freight forwarding enterprises are under pressure, shipping efficiency is declining, and the entire industry urgently needs to optimize its logistics network to tackle these challenges.

06/19/2025 Logistics
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US Supply Chain Strains Amid Truck Driver Shortage High Turnover

US Supply Chain Strains Amid Truck Driver Shortage High Turnover

The US trucking industry faces a high driver turnover crisis, with large freight companies experiencing rates as high as 90%. Contributing factors include industry models, the ELD mandate, and difficulties in obtaining a CDL. Analysts predict potential increases in freight rates or a shift towards intermodal transportation. Solutions involve improving driver compensation and working conditions, embracing new technologies, and streamlining regulations. Addressing these issues is crucial to mitigating the freight crisis and controlling rising logistics costs.

Supply Chain Firms Adapt to Global Shipping Crisis

Supply Chain Firms Adapt to Global Shipping Crisis

The global shipping crisis continues to escalate, with container shortages, port congestion, and soaring freight rates severely impacting supply chains. This article delves into the root causes of the crisis, gathers industry appeals and expert opinions, and provides companies with response strategies such as diversifying supply chains, proactive planning, and enhanced communication. Aiming to help businesses turn the crisis into an opportunity and secure their future.

Surge In Demand For Owned Containers How Freight Forwarders Can Address The Container Shortage Crisis

Surge In Demand For Owned Containers How Freight Forwarders Can Address The Container Shortage Crisis

The global container shortage is severe, leading to a significant increase in demand for owned containers among shippers, while the number of freight forwarders able to provide this service remains limited. The report analyzes that using owned containers can effectively reduce logistics costs and minimize detention fees, urging freight forwarders to enhance the utilization of Shipper Owned Containers (SOC) to address market challenges.

07/23/2025 Logistics
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Red Sea Crisis Sends Global Shipping Costs Soaring

Red Sea Crisis Sends Global Shipping Costs Soaring

The Red Sea crisis has triggered a surge in ocean freight rates, exacerbating issues such as extended voyages, increased costs, and port congestion. Businesses should proactively plan, diversify transportation routes, strengthen communication, optimize inventory, leverage technology, and closely monitor the market to mitigate these challenges. Digital transformation and supply chain resilience will be crucial for future success in navigating this evolving landscape. The crisis highlights the need for robust and adaptable supply chain strategies.

Freight Industry New Policy: Driver Age Limit Extended to 63 Years, Opportunities and Challenges Ahead!

Freight Industry New Policy: Driver Age Limit Extended to 63 Years, Opportunities and Challenges Ahead!

The Ministry of Public Security has extended the age limit for applying for a medium and large passenger and freight vehicle driving license from 60 to 63 years, aiming to address the aging crisis among freight drivers. The policy also allows drivers meeting certain conditions to extend the age limit to 66 years. This brings new job opportunities but raises concerns about employment for younger drivers.

12/01/2024 Logistics
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