US Logistics Giant Falls As Chinese Forwarders Gain Ground

US Logistics Giant Falls As Chinese Forwarders Gain Ground

The bankruptcy of a major US warehousing and logistics company reveals the challenges of traditional models. Emerging Chinese freight forwarders are gaining market share with efficiency and competitive pricing, but face compliance risks. The industry is undergoing a rapid reshuffle with stricter regulations, making compliance crucial for survival. In the future, only companies that adapt to market changes and improve service quality will thrive in the competition. The focus shifts towards sustainable growth and adherence to regulations for long-term success in the evolving US logistics landscape.

01/15/2026 Logistics Industry Insights
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Freight Index Predicts Weaker Peak Season As Markets Diverge

Freight Index Predicts Weaker Peak Season As Markets Diverge

The TD Cowen/AFS Freight Index report predicts a potentially weak peak season this year. Overcapacity in truckload is putting pressure on pricing, while the less-than-truckload (LTL) market shows steady progress. The parcel market is driven by e-commerce promotions but faces intense competition. Businesses should take a rational view of market changes and optimize their supply chain strategies. The report suggests that companies need to be prepared for a less robust peak season than in previous years and adjust their expectations accordingly.

01/19/2026 Logistics Industry Insights
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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
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UPS Secures USPS Air Cargo Contract Altering Delivery Dynamics

UPS Secures USPS Air Cargo Contract Altering Delivery Dynamics

UPS has won the USPS air cargo contract, marking a significant shift in the US postal air freight landscape. Experts believe this move stems from USPS's service adjustments and cost control needs, coupled with UPS's own network advantages. FedEx's market share may be affected, potentially requiring strategic adjustments. This event will have a profound impact on industry competition, consumers, and the operations of all parties involved. The deal signifies a changing dynamic within the air cargo sector, impacting delivery speeds and overall efficiency for postal services.

01/21/2026 Logistics Industry Insights
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West Coast Freight Simplifies Air Cargo Tracking at Lunyuk Airport

West Coast Freight Simplifies Air Cargo Tracking at Lunyuk Airport

West Coast Freight offers a robust three-letter airport code lookup system, helping you easily access air freight information for Lyk Airport (LYK) and airports worldwide. Covering over 40,000 cities and airports, our system provides authoritative data and convenient inquiries, empowering businesses to optimize air freight solutions and improve logistics efficiency. Experience it now and start your efficient air freight journey!

09/29/2025 Airport Codes
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Freight Payment Terms PP and CC Shape Global Trade Costs and Trust

Freight Payment Terms PP and CC Shape Global Trade Costs and Trust

Prepaid freight (PP) and collect freight (CC) are significant terms in the logistics industry. PP indicates that the shipper has paid the freight, while CC means payment is made upon receipt. Generally, collect freight is more expensive, and its payment method is closely linked to transaction terms. Understanding these concepts is essential for managing transportation costs effectively and gaining insights into international trade.

07/28/2025 Logistics Encyclopedia
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Freight Forwarders Guide to Decoding Global Shipping Costs

Freight Forwarders Guide to Decoding Global Shipping Costs

International sea freight costs consist of basic freight, surcharges, and other fees. Basic freight is calculated based on cargo size and distance. Surcharges, including port, fuel, currency adjustment, and peak season surcharges, fluctuate with the market. Other fees cover insurance, customs clearance, and quarantine. Savvy freight forwarders need to understand the cost structure to choose the appropriate solution and control logistics costs effectively.

01/16/2026 Logistics Encyclopedia
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Key Timelines for International Air Freight Damage Claims

Key Timelines for International Air Freight Damage Claims

This article analyzes the time standards and processes for identifying lost items in international air freight. It introduces the regulations of different logistics providers, the criteria for determining lost goods, and the steps for filing lost item complaints. It aims to assist cross-border e-commerce sellers in clearly identifying and responding to potential lost item situations, thereby improving operational efficiency.

08/04/2025 Logistics Encyclopedia
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Global Air and Sea Freight Customs Procedures Analyzed

Global Air and Sea Freight Customs Procedures Analyzed

This article analyzes the key differences between air freight customs clearance and sea freight customs clearance, focusing on core documents, regulatory areas, and inspection processes. It also explores the applicability of both methods in various scenarios, aiming to provide references for enterprises in choosing their transportation methods.

08/04/2025 Customs Knowledge
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Air Waybills Vital for International Air Freight Customs

Air Waybills Vital for International Air Freight Customs

The Air Waybill (AWB) is a crucial transport document in international air freight, serving as proof of the transport contract and recording cargo information. It plays multiple roles in the customs clearance process, including serving as a fundamental certificate, verifying legality, tracking transport processes, assisting in tax calculations, and providing proof of pickup. Its significance in ensuring smooth customs clearance is vital.

08/04/2025 Document Interpretation
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