Chinas Trucking Market to Hit 1 Trillion by 2035

Chinas Trucking Market to Hit 1 Trillion by 2035

The American Trucking Associations forecasts that China's truck freight volume will approach 14 million tons by 2035, dominating the freight market. The report reveals the growth potential of trucking over the next decade, emphasizing its crucial role in the supply chain. Businesses should seize opportunities, embrace technology, expand services, and strengthen cooperation to usher in a golden age of trucking. This period of significant freight growth presents challenges and opportunities for companies involved in logistics and transportation.

01/22/2026 Logistics Industry Insights
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Global Shipping Firms Adopt Costsaving Payment Strategies

Global Shipping Firms Adopt Costsaving Payment Strategies

International ocean freight payments, especially for high-value shipments, carry inherent risks. This paper details the choice between prepaid and collect freight, the application of telegraphic transfers (TT) and letters of credit (LC), and provides seven key considerations for high-value freight payments. These include reviewing fee details, ensuring payment security, mitigating exchange rate risks, selecting reliable partners, ensuring legal compliance, and optimizing costs. This guide helps you complete payments safely and efficiently, avoiding unnecessary losses in international trade.

01/23/2026 International Settlement
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IATA Certification Boosts Air Cargo Industry Resilience

IATA Certification Boosts Air Cargo Industry Resilience

This IATA-certified "Air Freight Business Fundamentals" course is designed to help students quickly master the core knowledge and practical skills of air freight. The course covers market insights, strategic breakthroughs, marketing success, product innovation, competitive analysis, and service excellence. Through interactive virtual classrooms and self-study materials, it helps students stand out in a changing era and achieve their air freight dreams. This course provides a solid foundation for success in the air cargo industry.

01/20/2026 Logistics Encyclopedia
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Strong Consumer Spending Fails to Lift Trucking Demand

Strong Consumer Spending Fails to Lift Trucking Demand

Armada's Prather highlighted a 'disconnect' between the freight market and macroeconomics at the SMC3 event. Strong consumer spending contrasts with a weak freight market, possibly due to inventory management, changing consumption patterns, and trade dynamics. Businesses need to closely monitor both the macroeconomy and specific freight market conditions. Innovation in services and improved efficiency are crucial for navigating this complex environment. Understanding the underlying factors driving this divergence is key to strategic decision-making in the current economic climate.

01/28/2026 Logistics Industry Insights
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Runion Businesses Seek IATA Cargo Certification for Growth

Runion Businesses Seek IATA Cargo Certification for Growth

This article provides a guide to IATA accreditation for freight forwarders planning to expand their business in Reunion Island. It details different agent types, location types, guideline types, and language requirements. The article analyzes key accreditation requirements step-by-step, helping freight forwarders successfully obtain accreditation and seize opportunities in the Reunion Island freight market. It offers practical advice and insights to navigate the accreditation process and ensure compliance with IATA standards, ultimately facilitating market entry and growth.

01/26/2026 Logistics Encyclopedia
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US Supply Chain Strains Amid Truck Driver Shortage High Turnover

US Supply Chain Strains Amid Truck Driver Shortage High Turnover

The US trucking industry faces a high driver turnover crisis, with large freight companies experiencing rates as high as 90%. Contributing factors include industry models, the ELD mandate, and difficulties in obtaining a CDL. Analysts predict potential increases in freight rates or a shift towards intermodal transportation. Solutions involve improving driver compensation and working conditions, embracing new technologies, and streamlining regulations. Addressing these issues is crucial to mitigating the freight crisis and controlling rising logistics costs.

01/27/2026 Logistics Industry Insights
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US Trucking Industry Faces Challenges Amid Growth Prospects

US Trucking Industry Faces Challenges Amid Growth Prospects

American Trucking Associations (ATA) President Graves notes that while the freight industry faces multiple challenges including economic headwinds, regulations, and driver shortages, the long-term macroeconomic outlook remains positive. The report provides an in-depth analysis of macroeconomic, regulatory, technological, and labor factors impacting the freight industry. It suggests improving efficiency, investing in technology, and enhancing driver welfare to promote sustainable development within the freight sector. These strategies are crucial for navigating current obstacles and capitalizing on future opportunities.

02/04/2026 Logistics Industry Insights
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US Trucking Industry Struggles with Severe Driver Shortage

US Trucking Industry Struggles with Severe Driver Shortage

Data from the American Trucking Associations shows that the annualized turnover rate for drivers at large freight fleets has exceeded 100% for two consecutive quarters, highlighting the labor shortage in the freight industry. Factors such as economic recovery, stricter regulations, and an aging workforce are exacerbating the shortage. Experts predict the situation will worsen, potentially leading to higher freight rates. The industry needs to improve compensation and working conditions, strengthen training programs, and promote innovation to address these challenges.

02/03/2026 Logistics Industry Insights
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US Trucking Industry Poised for Steady Growth ATA Reports

US Trucking Industry Poised for Steady Growth ATA Reports

The 'Freight Transportation Forecast: 2019 to 2030' report by the American Trucking Associations (ATA) predicts steady growth in the U.S. freight market over the next decade, with trucking remaining the dominant mode. The report analyzes key indicators like total freight volume, revenue, and transportation modes, highlighting challenges such as driver shortages and infrastructure bottlenecks. Businesses should capitalize on opportunities like e-commerce and supply chain optimization while proactively addressing challenges to build a prosperous future for the industry.

02/04/2026 Logistics Industry Insights
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Trucking Industry Braces for Weak Peak Season DAT Data

Trucking Industry Braces for Weak Peak Season DAT Data

DAT data indicates weak demand in the US truck freight market at the end of the year, with slight freight rate increases failing to mask the overall decline. Experts attribute the lackluster peak season to a combination of factors, including macroeconomic downturn and inventory surplus. Truck drivers, brokers, and shippers need to control costs, optimize operations, and strengthen cooperation to jointly address market challenges. The small freight rate increases are not enough to offset the overall downward trend.

02/04/2026 Logistics Industry Insights
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