Trucking Industry Sees Rising Driver Turnover in 2024

Trucking Industry Sees Rising Driver Turnover in 2024

American Trucking Associations (ATA) data reveals an increase in driver turnover rate for large truckload fleets in the first quarter of this year, ending a brief period of decline. This marks the fifth increase in the last six quarters, raising concerns about a potential resurgence of the driver shortage issue within the industry. High turnover rates contribute to increased operational costs for companies and may negatively impact transportation efficiency and service quality. Monitoring and addressing the factors contributing to driver turnover are crucial for maintaining a stable and effective trucking workforce.

01/28/2026 Logistics
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EZ Worldwide Express Expands Beyond Forever 21 Partnership

EZ Worldwide Express Expands Beyond Forever 21 Partnership

EZ Global Express, once reliant on Forever 21, faced bankruptcy due to the latter's decline. Post-reorganization, EZ diversified its clientele, securing partnerships with Disney, H&M, and Amazon, while maintaining a limited collaboration with Forever 21. This case serves as a cautionary tale, highlighting the risks of over-dependence on a single client. It underscores the importance of proactive risk management, carefully crafted contract terms, strategic market expansion, and sound financial management for achieving sustainable business growth and resilience. Diversification proves crucial for mitigating risks associated with customer concentration.

01/28/2026 Logistics Industry Insights
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US Industrial Real Estate Hits Record Low Availability CBRE

US Industrial Real Estate Hits Record Low Availability CBRE

A CBRE report reveals that the U.S. industrial real estate availability rate continues to decline, reaching a historic low. E-commerce, supply chain modernization, and manufacturing reshoring are key drivers. The market presents both opportunities and challenges for landlords, tenants, and developers. Looking ahead, e-commerce will continue to fuel demand, supply chains will become more complex, and sustainability and technology will play a larger role. The report highlights the ongoing shifts and trends shaping the industrial real estate landscape, emphasizing the need for adaptability and strategic planning in a dynamic market environment.

01/28/2026 Logistics Industry Insights
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Freight Index Highlights Shifting Logistics Trends

Freight Index Highlights Shifting Logistics Trends

The Cass Freight Index report indicates year-over-year growth in both freight volume and expenditures, but a month-over-month decline. E-commerce and air freight are driving volume growth, while rising fuel prices are impacting expenditures. To navigate opportunities and challenges, businesses should focus on digital transformation, supply chain optimization, service diversification, promotion of green logistics, and talent development. This includes embracing technology, streamlining processes, offering a wider range of services, adopting sustainable practices, and investing in employee training to remain competitive in the evolving logistics landscape.

01/29/2026 Logistics Industry Insights
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Uschina Trade War Sparks Supply Chain Crisis Amid Declining Trade

Uschina Trade War Sparks Supply Chain Crisis Amid Declining Trade

The US-China trade war has led to a sharp decline in imports and exports, creating a supply chain crisis. High tariffs, increased blank sailings, and decreased port throughput indicate the profound impact of trade friction on the global economy. Companies should diversify their supply chains, seek alternative suppliers, and improve production efficiency to address these challenges. The US and China need dialogue and consultation to maintain global economic stability. This includes addressing tariff barriers and finding solutions that promote fair trade and prevent further disruptions to the global supply chain.

01/30/2026 Logistics Industry Insights
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Liberia Upgrades Tax Agency HR Systems with WCO Assistance

Liberia Upgrades Tax Agency HR Systems with WCO Assistance

With the support of the World Customs Organization (WCO), the Liberia Revenue Authority (LRA) is modernizing its Human Resource Management (HRM). This includes developing a job catalog and competency framework, as well as initiating capacity assessments and change management. Emerging as a model in West Africa, the LRA is progressing towards becoming a regional leader in HRM, offering valuable lessons for other developing nations. The modernization efforts aim to enhance the efficiency and effectiveness of the LRA's workforce.

01/05/2026 Customs Knowledge
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WCO Program Enhances South African Tax Authority Efficiency

WCO Program Enhances South African Tax Authority Efficiency

The World Customs Organization (WCO) held a Leadership and Management Development Workshop in South Africa to support the South African Revenue Service (SARS) in enhancing the capabilities of its middle managers and driving organizational reform. The workshop emphasized the importance of self-awareness, strategic management, people management, communication skills, and change management. Follow-up cooperation is planned to develop a regional center of expertise. Leadership and management development are crucial for organizational success, requiring continuous learning and practice.

01/05/2026 Customs Knowledge
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Madagascar Customs Boosts Valuation Skills Via WCO Support

Madagascar Customs Boosts Valuation Skills Via WCO Support

The World Customs Organization (WCO) conducted an online workshop to enhance Madagascar Customs' valuation capabilities, covering valuation principles, Incoterms, the transaction value method, used vehicle valuation, and combating under-invoicing. Madagascar Customs officials actively participated, significantly improving their valuation skills. WCO experts commended their efforts and recommended strengthening valuation database development, enhancing risk management, fostering international cooperation, and continuing capacity building initiatives. This initiative aims to improve revenue collection and ensure fair trade practices in Madagascar.

01/05/2026 Customs Knowledge
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Georgia Enhances Customs Skills with WCO Classification Training

Georgia Enhances Customs Skills with WCO Classification Training

With the support of the WCO, Georgia hosted a national workshop on commodity classification, aimed at enhancing the institutional capacity of the Revenue Service and cultivating a core team of experts. Through theoretical learning, practical exercises, and expert exchanges, participants significantly improved their understanding and application of the HS, laying a solid foundation for the future development of Georgian Customs. This workshop also provides valuable experience for other countries seeking to improve their commodity classification expertise.

01/05/2026 Customs Knowledge
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New IATA System Streamlines Airport Billing Globally

New IATA System Streamlines Airport Billing Globally

The IATA Billing Data Gateway (BDG) helps airports collect payments from airline customers faster and more smoothly by eliminating data inconsistencies and improving invoice quality. It offers features such as data validation, standardization, monitoring, and automation. This enhances billing efficiency, reduces costs, improves cash flow, and fosters harmonious relationships between airports and airlines. The BDG streamlines the entire billing process, ensuring accuracy and transparency, ultimately leading to quicker revenue collection and improved financial performance for airports.

01/05/2026 Logistics Industry Insights
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