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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US Truckload Spot Rates Hit Multiyear Highs Amid Hurricane Season Ecommerce Surge

US Truckload Spot Rates Hit Multiyear Highs Amid Hurricane Season Ecommerce Surge

A DAT report reveals that North American freight spot rates have surged to multi-year highs due to various factors. The confluence of challenges, including hurricane disasters, the ELD mandate, and the e-commerce peak season, is expected to maintain tight capacity through the end of the year. The close connection between e-commerce and the spot market is also increasingly evident. High demand driven by online retail is contributing significantly to the upward pressure on freight rates and the overall capacity crunch in the trucking industry.

01/21/2026 Logistics Industry Insights
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UPS Teamsters Strike Deal to Raise Wages Avoid Walkout

UPS Teamsters Strike Deal to Raise Wages Avoid Walkout

UPS and the Teamsters have reached a tentative five-year agreement, averting a potential strike. The agreement includes historic wage increases, wage improvements for part-time employees, and improved working conditions. However, the agreement is still subject to approval by union members. The agreement may lead to higher shipping rates and have a significant impact on the market. This deal addresses key concerns raised by the Teamsters, focusing on worker compensation and quality of life while working for UPS. The ratification vote will determine the final outcome.

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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Rising Diesel Costs Strain Shippers Risk Supply Chain Disruptions

Rising Diesel Costs Strain Shippers Risk Supply Chain Disruptions

The FTR Shippers Conditions Index (SCI) fell below zero in August, the first time since October 2022, indicating a worsening environment for shippers. Soaring diesel prices were the primary driver, offsetting the benefits of ample capacity. Shippers face challenges such as increased transportation costs and reduced bargaining power. Strategies for shippers include optimizing routes and building long-term partnerships. Data-driven decision-making is crucial for enhancing freight resilience. The index suggests shippers need to proactively adapt to the changing market dynamics to mitigate potential negative impacts.

01/18/2026 Logistics Industry Insights
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Port of Boston Opens New Trade Route to Southeast Asia

Port of Boston Opens New Trade Route to Southeast Asia

A new AWE-5 service from the Port of Boston will launch on May 27th, offering direct access to Southeast Asia. Operated jointly by COSCO Shipping, Yang Ming Marine Transport Corp., and two other major shipping lines, the service arrives every Friday. This initiative significantly reduces transit times and lowers logistics costs, enhancing the competitiveness of New England businesses and enabling them to capitalize on opportunities in the Southeast Asian market. This new route provides a faster and more efficient shipping solution for businesses in the region.

01/22/2026 Logistics
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Saddle Creek Logistics Expands Amid Ecommerce Surge

Saddle Creek Logistics Expands Amid Ecommerce Surge

Saddle Creek Logistics announced the expansion of its warehousing operations in four major U.S. markets, adding over 1.8 million square feet of distribution center space. This expansion aims to meet the growing demands of e-commerce and omnichannel retail. By optimizing geographic locations, technology, and services, the company intends to improve delivery efficiency and solidify its position in the logistics market. The strategic move allows Saddle Creek to better serve its clients and capitalize on the continued growth in online shopping and related fulfillment needs.

01/22/2026 Logistics
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WCO Backs Digital Trade Reform at Ghana Conference

WCO Backs Digital Trade Reform at Ghana Conference

The Ghana Single Window conference highlighted trade facilitation, digitalization, and international cooperation. Government commitment, private sector involvement, and data-driven approaches were emphasized as key elements for success. The conference underscored Ghana's dedication to streamlining trade processes and enhancing its competitiveness in the global market through the Single Window system. Discussions focused on optimizing efficiency, reducing costs, and improving transparency within the trade ecosystem. The collaborative effort between public and private stakeholders is crucial for achieving the full potential of the Single Window initiative.

01/22/2026 Customs Knowledge
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China United Lines Expands in Asian Shipping with Digital Focus

China United Lines Expands in Asian Shipping with Digital Focus

CU Lines (CUL), a Chinese domestic shipping company, has rapidly risen in the Asian regional shipping market due to its flexible route network and digital services. Its schedule inquiry service is crucial for optimizing supply chains and reducing operating costs. CUL is committed to providing efficient, convenient, and reliable shipping services, contributing to the development of regional trade. The company leverages digital solutions to enhance customer experience and streamline operations, solidifying its position as a key player in the container shipping industry within Asia.

01/22/2026 Shipping Company Encyclopedia
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Emirates Shipping Expands Middle East Logistics Operations

Emirates Shipping Expands Middle East Logistics Operations

Emirates Shipping Line (ESL), a leading container shipping company in the Middle East, leverages its strategic location and efficient shipping network to provide cross-border logistics solutions connecting the Middle East, the Indian Subcontinent, Southeast Asia, and European markets. ESL helps businesses capitalize on opportunities within the Middle Eastern market by offering reliable and comprehensive shipping services. Its focus on regional expertise allows for tailored solutions and efficient handling of cargo, making it a valuable partner for companies seeking to expand their presence in the region.

01/22/2026 Shipping Company Encyclopedia
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