US truckload freight demand weakened in April, with rates stagnating. Dry van and refrigerated freight volumes declined, widening the gap between spot and contract rates, indicating a market oversupply. Overall, the market reflects soft demand and ample capacity, leading to pricing pressure for carriers.
This paper analyzes the cost structure and service content of full truckload (FTL) road transportation from Hangzhou to Bangkok. It focuses on interpreting the factors influencing freight rates and provides key considerations for selecting logistics service providers. The aim is to offer valuable reference information for businesses engaged in China-Thailand trade via road transport. This includes understanding the complexities of cross-border trucking and making informed decisions about their logistics partners to optimize cost and efficiency in their supply chain.
The U.S. Department of Transportation is cracking down on "driver's license mills" by cleaning up non-compliant commercial driver's license training institutions, aiming to improve road safety and regulate the freight industry. This move is supported by industry associations but may lead to tighter transport capacity. Future efforts should focus on strengthening cooperation, providing support, and improving oversight mechanisms to ensure the quality of driver training and safeguard road safety. This initiative is crucial for maintaining high standards in the trucking industry.
Trucking executives are anxiously awaiting the new year, hoping that pent-up demand in 2026 will translate into higher freight rates, driving both truckload and less-than-truckload segments back to profitability. Macroeconomic conditions, fuel prices, labor costs, and environmental regulations are all creating operational pressures for the industry. Companies are actively adjusting their strategies to meet these challenges, but whether the industry can turn the corner remains uncertain. The industry faces a complex interplay of factors that will determine its financial future.
Industry expert Larry Gross highlighted at the RailTrends conference the conflict between surging demand and constrained capacity in multimodal transportation. He attributed this to a complex interplay of factors. Businesses should adapt their strategies, shifting from IPI to transloading, and be wary of the rise of trucking. The industry faces short-term pressure, but building supply chain resilience and reshaping growth models are crucial for the long term. A potential “west-to-east migration” of freight may emerge in the future.
A GAO report highlights freight pricing discrepancies, contentious trucking regulations, and highway funding challenges within the U.S. logistics industry. Businesses need to strengthen risk management practices and embrace technological innovation to navigate these complexities. The report underscores the need for a more streamlined and efficient system to address the evolving demands of the supply chain and ensure the continued competitiveness of American businesses in the global market. Addressing these issues is crucial for maintaining a robust and reliable transportation infrastructure.
In a recent interview, TranzAct Technologies co-founder Mike Regan provided insightful analysis on crucial topics including the current freight economy, trucking, supply chain reset, the intersection of C-suite and logistics, and inventory management. He offered valuable advice for businesses navigating market challenges and optimizing their supply chain management strategies. Regan's expertise sheds light on key areas for improvement and adaptation in the evolving landscape of logistics and supply chain operations, helping companies to make informed decisions and enhance their overall efficiency.
This article provides a practical guide for freight forwarding professionals, covering key aspects such as client follow-up, factory communication, Certificate of Origin application, Bill of Lading processing, port information inquiry, and booking procedures. It aims to help newcomers quickly get started and improve their professional skills in the foreign trade logistics industry. The guide offers valuable insights and actionable advice to streamline operations and enhance efficiency in handling international shipments.
The American Trucking Associations (ATA) has criticized the FMCSA's current safety rating system, citing data biases and inadequacies that lead to unfair treatment of trucking companies. Other organizations have also voiced concerns about the existing system. The FMCSA is seeking improvements and exploring more scientific assessment models to establish a fairer and more reliable safety rating system, ultimately enhancing road safety. They aim to address the perceived shortcomings and ensure accurate evaluation of trucking companies' safety performance.
Shanghai Audunweis International Freight Forwarding Co., Ltd. actively expands its China-Vietnam road transportation business, offering full truckload (FTL) and less-than-truckload (LTL) dedicated line services from Zhengzhou to Ho Chi Minh City, etc. With efficient and convenient door-to-door service, bilateral formal customs declaration, and DDP (Delivered Duty Paid) services, it helps accelerate China-Vietnam trade and provides higher-quality logistics options for enterprises in both countries.
