New Cowenafs Index Predicts Future Freight Rates

New Cowenafs Index Predicts Future Freight Rates

The Cowen/AFS Freight Index leverages data and machine learning to forecast less-than-truckload (LTL), truckload (TL), and parcel rates, providing valuable insights for market decision-making. It offers a data-driven approach to understanding and predicting freight pricing trends, enabling businesses to optimize their logistics strategies and improve cost efficiency. The index serves as a crucial benchmark for industry professionals seeking to navigate the complexities of the freight market and make informed decisions regarding transportation costs.

Weis Markets Adopts Cloud TMS to Streamline Supply Chain

Weis Markets Adopts Cloud TMS to Streamline Supply Chain

Weis Markets implemented Kuebix, a cloud TMS, to digitally transform its supply chain. The solution optimized inbound logistics, less-than-truckload (LTL) shipping, and scheduling, resulting in cost reduction and increased efficiency. This digital transformation initiative also promotes sustainable development within their retail supply chain operations. By leveraging the cloud-based TMS, Weis Markets gained better visibility and control over their transportation processes, ultimately improving their overall supply chain performance and contributing to a more environmentally friendly approach.

01/29/2026 Logistics
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Forward Air Expands LTL and PUD Services to Wichita

Forward Air Expands LTL and PUD Services to Wichita

Forward Air has launched Less-than-Truckload (LTL) and Pickup and Delivery (PUD) services in Wichita, Kansas, marking a significant step in its national network expansion. This initiative leverages existing last-mile facilities to provide faster and more efficient logistics solutions for the local aerospace industry and other sectors. The expansion aims to solidify Forward Air's position as a leading asset-light freight and logistics services provider, offering enhanced services and improved connectivity within its growing network.

01/28/2026 Logistics
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Yellow Corp Bankruptcy Shakes Centuryold LTL Trucking Industry

Yellow Corp Bankruptcy Shakes Centuryold LTL Trucking Industry

The bankruptcy of Yellow Corp., the fifth-largest trucking company in the US, marks the fall of a century-old business, revealing a confluence of mismanagement, labor union conflicts, and market competition. This bankruptcy will reshape the less-than-truckload (LTL) market landscape, potentially leading to increased freight rates, but with limited impact on the overall supply chain. Going forward, market competition will intensify, with efficiency, service quality, and technological innovation becoming crucial factors for success.

XPO Logistics Splits LTL and Brokerage Units in Strategic Overhaul

XPO Logistics Splits LTL and Brokerage Units in Strategic Overhaul

XPO Logistics plans to spin off its Less-Than-Truckload (LTL) and North American truck brokerage businesses into two separate publicly traded companies, and divest its European and North American intermodal operations. This strategic restructuring aims to unlock value, improve operational efficiency, and create more focused and competitive industry leaders, ultimately generating greater returns for customers, employees, and shareholders. The strategic adjustments, expected to be completed in the fourth quarter of this year, will reshape XPO's business landscape.

01/27/2026 Logistics
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Datadriven Strategies Boost Export Success in 2026

Datadriven Strategies Boost Export Success in 2026

This article addresses the challenges of foreign trade development by highlighting free customer acquisition channels still effective in 2026, including Google Maps, EUROPAGES, and Kompass. These channels focus on actively identifying real potential customers rather than passively waiting for inquiries. The aim is to assist foreign trade professionals in precisely targeting their ideal customers and improving development efficiency. It provides practical resources for proactive lead generation and direct engagement with potential clients, bypassing traditional, often less effective, methods.

WCO Launches Virtual Academy for Francophone Customs Officers

WCO Launches Virtual Academy for Francophone Customs Officers

The World Customs Organization (WCO) is opening applications for its Virtual Customs Academy (VCOA) to customs officials from Francophone countries. This online program aims to provide customs personnel with less than four years of work experience with crucial knowledge and skills to boost their professional development. Through a 14-week online learning experience, participants will gain expertise, broaden their international perspectives, build networks, and have the opportunity to enhance their career competitiveness. The application deadline is February 14, 2025.

XPO Logistics Expands LTL Network Amid Rising Supply Chain Needs

XPO Logistics Expands LTL Network Amid Rising Supply Chain Needs

XPO Logistics plans to open new Less-than-Truckload (LTL) freight terminals in Adelanto, California, and Conley, Georgia, in the second quarter. This expansion aims to increase freight capacity, optimize network layout, and address future logistics challenges. The move is part of its five-year LTL action plan, demonstrating XPO Logistics' proactive response to market demands and its strategic deployment for future growth. The new terminals will enhance service capabilities and improve efficiency within its LTL network.

02/03/2026 Logistics
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Large Fleets Face Rising Truck Driver Turnover Small Fleets Stable

Large Fleets Face Rising Truck Driver Turnover Small Fleets Stable

Data from the American Trucking Associations reveals a diverging trend in driver turnover rates: an increase in large fleets, a decrease in small fleets, and a 15-year high in less-than-truckload (LTL) transportation. Lagging compensation is a primary driver. Solutions include improving wages and benefits, enhancing the work environment, providing development opportunities, optimizing route planning, strengthening communication and feedback, and boosting company image. Furthermore, leveraging technology is crucial to empower the industry and reshape its future.

US Trucking Industry Faces Growth and Challenges in 2024

US Trucking Industry Faces Growth and Challenges in 2024

The American Trucking Associations forecasts the US freight market to reach $1.3 trillion by 2024, with trucking remaining dominant. The report analyzes trends in truckload, less-than-truckload, rail, and other transportation modes, highlighting challenges like regulatory changes, driver shortages, and infrastructure. Businesses should focus on improving service quality, controlling costs, and embracing technological innovation to navigate competition and capitalize on growth opportunities. The industry faces significant hurdles but also potential for advancement through strategic adaptation.