Freight Market Slows Amid Memorial Day Slump Summer Peak at Risk

Freight Market Slows Amid Memorial Day Slump Summer Peak at Risk

Late May freight market data indicates a decline in both freight volumes and freight rates in the US, while capacity saw a slight increase. The dry van, refrigerated, and flatbed markets are all facing varying degrees of challenges. Experts suggest this could be a short-term fluctuation or a sign of increased uncertainty for the upcoming summer peak season. Trucking companies need to closely monitor market dynamics and optimize operational efficiency to survive and thrive in the competitive landscape.

WCO and JICA Boost Customs Risk Management in Central Asia Caucasus

WCO and JICA Boost Customs Risk Management in Central Asia Caucasus

The WCO and JICA are conducting a Customs Risk Management Master Trainer Program (MTP) in the Central Asia and Caucasus region to enhance regional self-training capabilities. The second phase of the activity was held in Kazakhstan, focusing on lecturing skills and experience sharing. This initiative aims to strengthen customs risk management practices and promote sustainable training expertise within the region.

New Detachable Grocery Bag Holder Aids Shoppers Avoids Patents

New Detachable Grocery Bag Holder Aids Shoppers Avoids Patents

This article introduces the function and advantages of a detachable grocery plastic bag holder, emphasizing its practicality in supermarket shopping scenarios. It also alerts relevant practitioners to the existence of a US design patent (USD1047505S1) for this product, reminding them to avoid infringement risks and to pay attention to intellectual property protection. The holder improves the shopping experience by providing a convenient and stable way to manage plastic bags, while the patent information highlights the importance of respecting design rights in the marketplace.

Ecommerce Sellers Urged to Use Trademark Tools Amid Peak Season

Ecommerce Sellers Urged to Use Trademark Tools Amid Peak Season

This article focuses on the patent infringement risks faced by cross-border e-commerce sellers during peak seasons. It systematically reviews various patent search tools, including free databases (such as WIPO, USPTO, ZhiduDu, and Google Patents) and paid platforms (such as incoPat and Patentics). The article advises sellers to choose the appropriate search method based on their needs or seek assistance from professional institutions to effectively avoid infringement risks and ensure smooth sales during the peak season. This helps safeguard their business from potential legal issues and financial losses.

US Freight Sector Faces Weak Demand UPS Strike Risk and Yellow Collapse

US Freight Sector Faces Weak Demand UPS Strike Risk and Yellow Collapse

The US freight market faces challenges from slowing demand and overcapacity. The potential UPS strike and Yellow's bankruptcy add further uncertainty. The report analyzes the current state of various transportation modes, emphasizing that shippers should closely monitor market dynamics, collaborate with multiple carriers, optimize transportation networks, and strengthen risk management. By diversifying carrier relationships and proactively managing potential disruptions, shippers can navigate the volatile market and mitigate the impacts of these challenges.

WCO Strengthens Risk Management for Middle Corridor Trade in Central Asia Caucasus

WCO Strengthens Risk Management for Middle Corridor Trade in Central Asia Caucasus

The WCO and JICA collaborated to enhance customs risk management capabilities in the Central Asia and Caucasus region. A training program was held in Georgia to develop Master Trainers, aiming to ensure the smooth operation of the 'Middle Corridor'. This initiative focuses on strengthening regional customs expertise and facilitating efficient trade flows along this crucial trade route. The program supports improved risk assessment and management practices within customs administrations, contributing to secure and efficient border procedures.

The Risk of Blocking the Strait of Hormuz: Disruption of Global Shipping and Supply Chains

The Risk of Blocking the Strait of Hormuz: Disruption of Global Shipping and Supply Chains

The risk of blocking the Strait of Hormuz has intensified, as the Iranian parliament passes a resolution that could severely impact the shipping industry. Shipping companies have implemented detour measures, significantly increasing transport costs, which may lead to a rise in global prices. The closure of the Strait of Hormuz will directly affect oil and gas supplies, posing a threat to global economic stability.

07/11/2025 Logistics
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Businesses Urged to Address Thirdparty Risks

Businesses Urged to Address Thirdparty Risks

Third-party risk management is crucial for business operations. Many organizations face challenges due to a 'one-off' approach to risk management, a narrow perception of risks, and superficial risk monitoring. Companies should establish a comprehensive, lifecycle-based risk management system, broaden their risk perspective, leverage technology, and strengthen internal communication and collaboration. By doing so, they can effectively address third-party risks and ensure sustainable development. This proactive approach helps mitigate potential disruptions and protect valuable assets.