Truck Driver Shortage Drives Up Freight Labor Costs

Truck Driver Shortage Drives Up Freight Labor Costs

According to the American Trucking Associations, the driver turnover rate at large truckload carriers surged to 92% in the third quarter, while smaller carriers reached 74%. Less-than-truckload (LTL) remained relatively stable at 14%. This high turnover reflects challenges in the freight market, including driver shortages and increased competition. Companies need to actively address these issues to ensure supply chain stability and mitigate the impact of driver attrition on their operations. Addressing driver retention is crucial for maintaining service levels and profitability in the current environment.

01/21/2026 Logistics
Read More
CPKC Merger Transforms North American Freight Rail Industry

CPKC Merger Transforms North American Freight Rail Industry

The proposed merger of Canadian Pacific Railway (CP) and Kansas City Southern (KCS) promises to reshape North American freight transportation by improving efficiency and expanding services. While regulatory approval processes are lengthy and shippers express optimism, integration challenges and market competition remain. The success of this potential 'marriage of the century' remains to be seen. The merger aims to create a single network linking Canada, the US, and Mexico, offering seamless transportation solutions and potentially boosting trade and economic growth across the continent.

01/21/2026 Logistics Industry Insights
Read More
Freight Market Faces Volatility After Stable Shipper Conditions

Freight Market Faces Volatility After Stable Shipper Conditions

FTR's latest data shows the Shipper Conditions Index (SCI) remains stable, but the risk of potential market volatility is increasing. Factors such as stabilized fuel prices and tightening capacity suggest that the freight market will face more challenges in 2024. Shippers should closely monitor market changes, optimize their supply chains, and proactively respond to enhance their competitiveness.

01/21/2026 Logistics Industry Insights
Read More
WCO Seminar Focuses on Streamlining Crossborder Rail Freight

WCO Seminar Focuses on Streamlining Crossborder Rail Freight

The World Customs Organization (WCO) successfully held the Asia-Pacific Railway Seminar, aiming to promote the implementation of the Railway Guidelines, simplify customs procedures for railway transportation, improve clearance efficiency, and reduce business costs. The seminar fostered communication and cooperation between customs authorities, railway departments, and international organizations from various countries, injecting new impetus into the development of cross-border railway freight in the Asia-Pacific region. The event highlighted the importance of streamlined processes and collaboration for efficient and cost-effective railway transport.

01/22/2026 Customs Knowledge
Read More
Cargosmart Boosts Ocean Freight Visibility for Supply Chains

Cargosmart Boosts Ocean Freight Visibility for Supply Chains

Ocean shipping on-time performance directly impacts shippers' supply chains. Tools like CargoSmart assist shippers in understanding carrier performance, optimizing transportation plans, and reducing inventory costs through multi-dimensional data analysis, quarterly reports, and interactive dashboards. These tools provide insights into on-time performance. In the future, ocean shipping on-time performance will become more transparent and intelligent, delivering greater value to shippers. This improved visibility and data-driven decision-making will enable more efficient and resilient supply chains.

01/22/2026 Logistics
Read More
ATA Forecasts Record Trucking Freight Growth by 2035

ATA Forecasts Record Trucking Freight Growth by 2035

The US trucking industry is projected to grow over the next decade, reaching 14 billion tons of freight by 2035. Despite this positive outlook, the industry faces significant challenges, including a persistent driver shortage. To maintain momentum and ensure long-term viability, the trucking sector needs to embrace change and prioritize sustainable development practices. This includes investing in technology, improving driver recruitment and retention, and exploring alternative fuel sources to mitigate environmental impact and ensure continued industry growth.

01/22/2026 Logistics Industry Insights
Read More
Freight Industry Experts Advise on Navigating Economic Downturn

Freight Industry Experts Advise on Navigating Economic Downturn

Bloomberg analyst Lee Klaskow and Tucker Global Logistics President Tucker delve into the freight market amid the US economic recession. Klaskow predicts a 65% chance of a US recession, highlighting challenges like declining freight volumes and high inventory levels. He believes capacity rationalization will aid market recovery, with potential improvements in the second half of the year. Companies should focus on lean operations and diversification to seize opportunities amidst the challenges. The freight market's performance is seen as a key indicator of overall economic health and resilience.

01/19/2026 Logistics Industry Insights
Read More
Rail Freight Gains Traction in European Ecommerce Logistics

Rail Freight Gains Traction in European Ecommerce Logistics

Railway DDP FBA is a novel logistics solution for the European e-commerce market. It combines the efficiency, economy, and safety of railway transportation with the convenience of DDP (Delivered Duty Paid) service, providing a one-stop logistics solution for cross-border e-commerce sellers. By choosing a suitable Railway DDP FBA service provider, sellers can be empowered to succeed in the European market. This method offers a cost-effective and reliable way to transport goods directly to Amazon fulfillment centers, simplifying the import process and reducing potential delays.

01/23/2026 Logistics
Read More
Chinasaudi Arabia Logistics Costs and Freight Rates Analyzed

Chinasaudi Arabia Logistics Costs and Freight Rates Analyzed

This paper delves into the key factors influencing logistics costs between China and Saudi Arabia, including cargo type, weight, transportation mode, origin/destination ports, and transit time. It provides reference ranges for both sea and air freight rates. Furthermore, the paper offers recommendations for businesses to reduce logistics costs, thereby facilitating optimized cost control in China-Saudi trade. The analysis aims to help companies better understand and manage their supply chain expenses within this important trade corridor.

01/23/2026 Logistics
Read More
Chinamexico Air Freight Times Improve Amid Trade Push

Chinamexico Air Freight Times Improve Amid Trade Push

This paper analyzes the factors affecting air freight time efficiency in China-Mexico trade, including air transport methods, origin and destination, airline selection, and customs clearance speed. It also explores potential influences such as cargo type, packaging, weather, and holidays. Furthermore, it proposes strategies to optimize air freight efficiency, such as selecting appropriate air transport methods, reputable airlines, advance customs declaration, and strengthened packaging. The aim is to help businesses improve logistics efficiency in China-Mexico trade within the 100 word limit.

01/23/2026 Logistics
Read More