North American Heavyduty Truck Orders Jump in February

North American Heavyduty Truck Orders Jump in February

North American Class 8 truck orders rebounded strongly in February, reversing months of decline. Both FTR and ACT Research reported significant order increases, with experts interpreting this as a sign of healthy demand and avoiding a market collapse. The order growth is attributed to factors such as freight demand, improved fuel efficiency, stricter emission regulations, and technological innovation. While the market faces both challenges and opportunities, it's crucial to closely monitor market trends and optimize fleet configurations for future success.

02/03/2026 Logistics
Read More
Businesses Shift from Air to Sea Freight to Cut Costs

Businesses Shift from Air to Sea Freight to Cut Costs

Changes in the global economic situation and improved ocean freight reliability have led to a decline in air freight demand. Businesses need to optimize their freight models, balancing cost and efficiency, and strengthen supply chain management. Utilizing digital technologies to enhance competitiveness is also crucial to adapt to market changes and achieve sustainable development. Companies must proactively adjust their strategies to navigate the evolving landscape and ensure resilience in their operations.

01/28/2026 Logistics Industry Insights
Read More
Customs Duty Reassessment Rules and Compliance Strategies Explained

Customs Duty Reassessment Rules and Compliance Strategies Explained

This article provides a detailed interpretation of the scope and time limits for supplementary duty payments, including underpaid or missed duties due to classification or valuation errors after goods release, domestic sales transfer of specific duty-free or reduced-duty goods, and illegal smuggling. It clarifies the statute of limitations for customs to recover underpaid or missed taxes and emphasizes the importance of compliant operation for businesses and individuals to mitigate tax risks. Aiming to help enterprises understand the regulations and avoid potential tax liabilities.

09/26/2025 Customs Knowledge
Read More