US Freight Policy Overhaul Targets Global Business Competitiveness

US Freight Policy Overhaul Targets Global Business Competitiveness

A new bill proposed by Senator Lautenberg aims to improve the U.S. freight system. Through strategic planning and investment, it seeks to enhance transportation efficiency, reduce logistics costs, and boost the United States' competitiveness in the global supply chain. Businesses should actively participate in policy development and technological innovation to seize opportunities and gain a market advantage. The bill emphasizes modernizing infrastructure and streamlining regulations to facilitate smoother and more cost-effective freight movement across the country.

01/27/2026 Logistics
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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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Four Departments Jointly Issue Notice to Accelerate Implementation of Old Freight Truck Scrapping and Replacement Policy

Four Departments Jointly Issue Notice to Accelerate Implementation of Old Freight Truck Scrapping and Replacement Policy

The Ministry of Transport, Ministry of Public Security, Ministry of Finance, and Ministry of Commerce jointly issued a notice to support the scrapping and updating of old operating trucks. The new policy divides the funding burden by regions: East, Central, and West, aiming to promote green development and high-quality transformation in the transportation sector.

08/29/2024 Logistics
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Qingdao Customs: Significant Improvement in Customs Efficiency for Exports to South Korea

Qingdao Customs: Significant Improvement in Customs Efficiency for Exports to South Korea

Data from Qingdao Customs shows a significant improvement in customs clearance efficiency for foreign trade enterprises dealing with South Korea, with sea freight times reduced by 34.78% and air freight times increased by 71.43%. This progress is driven by policy benefits and technological innovation, particularly the AEO mutual recognition policy and the consolidated tax reform. Additionally, modern technologies such as the Internet of Things have greatly enhanced customs efficiency, significantly lowering business costs.

07/21/2025 Logistics
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US Freight Index Indicates Shortterm Strain Longterm Gains

US Freight Index Indicates Shortterm Strain Longterm Gains

The latest Freight Transportation Services Index released by the U.S. Bureau of Transportation Statistics indicates short-term downward pressure on the U.S. freight market, but highlights its long-term resilience and growth potential. The report reveals the impact of factors like consumer demand, inventory adjustments, geopolitical risks, and energy price fluctuations on the freight market. It also emphasizes the importance of policy guidance and technological innovation in promoting sustainable development within the freight market.

01/19/2026 Logistics
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Freight Forwarders Guide to Cutoff Times and BOL Inquiries

Freight Forwarders Guide to Cutoff Times and BOL Inquiries

This article focuses on freight forwarding practices, emphasizing the dynamic nature of cut-off times and the importance of using correct channels for container information inquiries. It also analyzes the tax issues related to freight forwarder invoices, including the latest policy trends. The aim is to help freight forwarding professionals mitigate risks and improve efficiency by providing practical insights into these key areas. Understanding these aspects is crucial for smooth operations and compliance within the freight forwarding industry.

08/23/2025 Logistics Encyclopedia
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US Rail Freight Adapts to Market Shifts and Challenges

US Rail Freight Adapts to Market Shifts and Challenges

This article analyzes the current state and future of the US rail freight market under the COVID-19 pandemic, based on an interview with Ian Jefferies, President and CEO of the Association of American Railroads (AAR). It elaborates on the challenges and opportunities facing rail freight, discusses the impact of the policy environment on the rail industry, and envisions the transformation and development direction of rail freight. Rail freight plays a crucial role in economic recovery, supply chain security, and environmental protection.

01/21/2026 Logistics Industry Insights
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US Freight Market Shows Recovery Signs Amid Recession Risks

US Freight Market Shows Recovery Signs Amid Recession Risks

Bloomberg analyst Krasco interprets the US freight market, highlighting the high risk of economic recession and the existing downturn in the freight market. He analyzes the potential for freight rates to bottom out and rebound, and forecasts the market and peak season prospects for the second half of the year. The article also explores industry coping strategies, policy impacts, and future development trends. It provides insights into navigating the current challenges and anticipating future shifts in the freight landscape amidst economic uncertainty.

01/21/2026 Logistics Industry Insights
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