Freight Industry Grapples With Slow Growth Driver Shortage

Freight Industry Grapples With Slow Growth Driver Shortage

American Trucking Associations Chief Economist Bob Costello provided an in-depth analysis of the current state and future trends of the freight economy at the RILA conference. He believes economic growth is slowing but the fundamentals remain solid, although 2021 may present challenges. Costello highlighted key issues including the labor market, housing market, trade frictions, and the persistent driver shortage. He offered suggestions for businesses to navigate the uncertainties ahead, emphasizing the need for proactive planning and adaptability in a dynamic economic environment.

02/12/2026 Logistics Industry Insights
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Hong Kong Eases Import of Swiss Luxury Goods to Mainland China

Hong Kong Eases Import of Swiss Luxury Goods to Mainland China

This article details the process of transshipping Swiss luxury goods to mainland China via Hong Kong, analyzing its advantages and costs, and addressing frequently asked questions. By using legitimate channels, consumers can balance quality and price, achieving efficient and compliant luxury goods purchasing. It covers the entire process, from sourcing in Switzerland to final delivery in mainland China, highlighting the benefits of using Hong Kong as a transit point for customs clearance and reduced shipping costs. The article aims to provide a comprehensive guide for those interested in purchasing Swiss luxury goods through purchasing agents.

02/05/2026 Logistics Encyclopedia
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US Retail Sector Defies Challenges Projects Growth

US Retail Sector Defies Challenges Projects Growth

U.S. retail sales saw a modest increase in June, but consumer spending growth is slowing. E-commerce remains strong, with sectors like healthcare and electronics experiencing growth, while furniture and building materials declined due to the housing market. Experts believe consumers are cautiously optimistic, allowing the retail industry to avoid a recession. The second half of the year requires attention to online-offline integration, personalized customization, sustainable consumption, and technological innovation.

01/19/2026 Logistics Industry Insights
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US Freight Demand Dips As Service Sector Gains Momentum

US Freight Demand Dips As Service Sector Gains Momentum

The Bank of America Freight Index Q4 report reveals a significant decline in US freight volumes, marking the largest drop in recent years. This is attributed to the recovery of the service sector, inflation, and a cooling housing market. Regional performance varied, with the Western region experiencing the most significant impact. The report highlights the influence of shifting consumer spending patterns on the freight market. It advises businesses to closely monitor macroeconomic trends, optimize supply chains, and embrace technological innovation to navigate these challenges.

01/28/2026 Logistics Industry Insights
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US Trucking Hits Record Freight Volume Amid Economic Recovery Signs

US Trucking Hits Record Freight Volume Amid Economic Recovery Signs

American Trucking Associations data shows January freight volume hitting a record high, up 6.5% year-over-year, the best since 2011. Inventory replenishment and a recovering housing market are key drivers. However, fiscal challenges and market uncertainty pose potential risks. Analysts suggest focusing on the non-seasonally adjusted index and being wary of capacity risks. A cautiously optimistic outlook prevails, with attention focused on long-term trends. The strong start to the year suggests continued economic momentum, but careful monitoring of potential headwinds is crucial.

02/04/2026 Logistics
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Luxury Watch Trade Decoding HS Codes and Global Markets

Luxury Watch Trade Decoding HS Codes and Global Markets

The article delves into the HS coding system for luxury watches, providing insights into the classification of precious metal electronic and mechanical watches, as well as the export tax rebate policies. It highlights the significance of understanding this information for both consumers and businesses.

08/05/2025 HS Code Query
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US Direct Shipping Expands Access to Authentic Luxury Goods

US Direct Shipping Expands Access to Authentic Luxury Goods

This article comprehensively analyzes the shipping methods, authenticity verification, and money-saving tips for luxury goods directly shipped from the US. Choosing reliable purchasing agents, buying from official channels, and carefully inspecting goods are key to ensuring authenticity. Furthermore, comparing different shipping methods and comprehensively considering exchange rates and purchasing agent fees are essential for truly saving money. The article provides practical advice on how to navigate the complexities of overseas luxury goods acquisition, focusing on minimizing risks and maximizing value.

01/26/2026 Logistics Encyclopedia
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Hong Kong Facilitates Luxury Croatian Imports for Global Buyers

Hong Kong Facilitates Luxury Croatian Imports for Global Buyers

This article provides a detailed guide on how to safely ship luxury goods purchased through Croatian personal shopping to China via Hong Kong transshipment. It covers aspects such as selecting personal shoppers and transshipment companies, placing orders and making payments, package transportation, customs declaration and clearance, and delivery. Common questions are addressed to help readers achieve a worry-free Croatian luxury shopping experience. The guide aims to navigate the complexities of international shipping and customs to ensure a smooth and reliable process.

01/26/2026 Logistics
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Hong Kong Transshipment Cuts Costs for French Luxury Shopping

Hong Kong Transshipment Cuts Costs for French Luxury Shopping

This article details the advantages and considerations of transshipping French goods via Hong Kong. It aims to help consumers understand how to leverage Hong Kong's favorable conditions to reduce shipping costs, shorten transit times, and successfully complete customs clearance. Furthermore, it addresses frequently asked questions about transshipment, empowering readers to easily embark on their French shopping journey. The guide covers practical tips for selecting a reliable transshipment service and navigating potential challenges, ensuring a smooth and cost-effective experience for international shoppers.

01/27/2026 Logistics
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Thailand Emerges As Key Hub for Luxury Goods Sourcing

Thailand Emerges As Key Hub for Luxury Goods Sourcing

This article provides a comprehensive guide to shipping luxury goods purchased through Thailand personal shoppers. It covers crucial aspects such as choosing the right logistics channels (direct shipping, consolidated shipping), customs declaration procedures, import duties and taxes, packaging techniques, and selecting the optimal transportation method (air freight, sea freight). This guide helps you safely and efficiently transport your desired luxury items from Thailand, ensuring a seamless and luxurious shopping experience. It aims to provide practical advice for a smooth and secure delivery process.

02/06/2026 Logistics Encyclopedia
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