Diesel Prices Fall Further Cutting Business Transport Costs

Diesel Prices Fall Further Cutting Business Transport Costs

The U.S. Energy Information Administration reports that the national average diesel price has fallen for the fourth consecutive week, reaching $3.124 per gallon. This trend effectively reduces the operating costs for logistics and transportation companies, providing them with more flexible pricing options and enhanced market competitiveness. The continued decrease in diesel prices offers a positive outlook for businesses reliant on transportation, potentially leading to lower consumer prices and increased economic activity.

01/19/2026 Logistics
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US Regulator Reviews Cns 336B Bid for Kansas City Southern

US Regulator Reviews Cns 336B Bid for Kansas City Southern

Canadian National Railway (CN) and Kansas City Southern (KCS) have jointly filed a voting trust application with the Surface Transportation Board (STB) to advance their proposed $33.6 billion merger. The merger aims to create a rail network spanning across North America, encompassing three countries. However, it has sparked widespread debate regarding market competition and public interest. The STB's decision will have a significant impact on the North American railroad industry.

01/19/2026 Logistics
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Shenzhens Crossborder Ecommerce Hits Trillionyuan Milestone

Shenzhens Crossborder Ecommerce Hits Trillionyuan Milestone

Shenzhen's cross-border e-commerce transaction volume has exceeded one trillion yuan, making it a national "super hub" for cross-border e-commerce. Relying on a strong industrial base, policy innovation, a complete service ecosystem, and convenient logistics channels, Shenzhen's cross-border e-commerce is accelerating its transformation towards branding, ecology, and compliance. This presents both opportunities and challenges for logistics companies, requiring them to upgrade towards greater precision and digitalization.

East Coast Gulf Ports Ratify Sixyear Labor Pact on Wages Automation

East Coast Gulf Ports Ratify Sixyear Labor Pact on Wages Automation

The International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) have signed a new six-year contract covering 36 ports on the U.S. East and Gulf Coasts. The agreement guarantees record wage increases for dockworkers and provides effective protections against automation, averting potential supply chain disruptions and laying the groundwork for port modernization. The contract was overwhelmingly approved by ILA members and welcomed by the National Retail Federation (NRF).

01/21/2026 Logistics
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World Customs Organization Boosts Gender Equality in East and Southern Africa

World Customs Organization Boosts Gender Equality in East and Southern Africa

The World Customs Organization (WCO), through Phase II of the Finland-East and Southern Africa Project, is helping customs administrations in the region enhance their gender equality capabilities. This includes providing tools, organizing training, and promoting cooperation. Workshops focused on gender mainstreaming, sharing practical examples, and developing guidelines for regional development. The WCO will continue to support national customs agencies in building a more equitable, inclusive, and efficient working environment.

Iran Boosts Trade Efficiency with Wcobacked HS Code Reform

Iran Boosts Trade Efficiency with Wcobacked HS Code Reform

Iran, with the support of the World Customs Organization (WCO), held a national workshop focusing on the application and optimization of the Harmonized System (HS) Code. This initiative aims to enhance the professional skills of customs officials, optimize classification methods, and promote trade development. This will lead to faster customs clearance, lower trade costs, and clearer trade regulations for businesses, helping Iran play a greater role in the global trade arena.

US Trucking Industry Faces Heavyduty Truck Tariff Threat

US Trucking Industry Faces Heavyduty Truck Tariff Threat

The United States is poised to impose a 25% tariff on imported heavy-duty trucks, aiming to revitalize domestic manufacturing and bolster national security. This move has sent shockwaves through the industry, potentially leading to increased truck prices, supply chain disruptions, and market uncertainty. Shippers may face higher costs and will need to seek cost-control strategies. The policy's impact is complex, and stakeholders will closely monitor its implementation.

US Retail Sales Growth Slows in May Amid Consumer Spending Concerns

US Retail Sales Growth Slows in May Amid Consumer Spending Concerns

US retail sales edged down 0.3% month-over-month in May, but remained up 8.1% year-over-year. The National Retail Federation (NRF)'s core retail sales, excluding automobiles, were flat month-over-month and up 6.7% year-over-year. The data indicates a slowdown in retail growth, but the overall consumer trend remains upward. It is necessary to pay attention to the impact of future policies and economic conditions.

Uzbekistan Streamlines Customs to Boost Trade Efficiency

Uzbekistan Streamlines Customs to Boost Trade Efficiency

The State Customs Committee (SCC) of Uzbekistan, with the support of the World Customs Organization (WCO), conducted a strategic planning workshop aimed at enhancing customs strategic planning and performance measurement capabilities to develop a comprehensive customs strategic plan. The workshop emphasized the importance of strategic maps and Key Performance Indicators (KPIs) to promote trade facilitation, enhance national competitiveness, increase tax revenues, and combat smuggling and violations, ultimately improving Uzbekistan's international image.

Gambia Revenue Authority Boosts Staff Training with WACAM Partnership

Gambia Revenue Authority Boosts Staff Training with WACAM Partnership

The World Customs Organization (WCO), through the West Africa Customs Administration Modernization Project, supported the Gambia Revenue Authority (GRA) in implementing competency-based human resource management modernization. The expert team assisted the GRA in refining key tools such as the competency directory and job directory, laying the foundation for subsequent communication, change management, and system implementation. This initiative aims to improve tax collection efficiency and promote national economic development.