Convoys New Platform Merges Booking and TMS to Cut Shipper Costs

Convoys New Platform Merges Booking and TMS to Cut Shipper Costs

Convoy introduces a new platform merging online booking with TMS capabilities, designed to help shippers streamline the bidding process, reduce freight spend, and ensure data security. The platform significantly shortens bidding timelines through automation and standardization of the tendering process. Furthermore, it leverages sandboxed routing guides to guarantee data privacy. This integrated approach aims to provide shippers with greater control, visibility, and efficiency in managing their freight operations, ultimately leading to cost savings and improved supply chain performance.

01/19/2026 Logistics
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Trucking Conditions Improve Slightly As Fuel Costs Decline

Trucking Conditions Improve Slightly As Fuel Costs Decline

The FTR Trucking Conditions Index for August, while still negative, showed improvement compared to the previous two months, primarily driven by lower diesel prices. However, the index remains in contraction territory, suggesting that weak demand may offset the positive impact of reduced fuel costs. Freight companies should maintain cautious optimism and be prepared to navigate market uncertainties. The slight rebound offers a glimmer of hope, but sustained recovery hinges on broader economic factors and demand stabilization.

01/16/2026 Logistics Industry Insights
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Rising Diesel Prices Drive Up Logistics Costs for Shippers

Rising Diesel Prices Drive Up Logistics Costs for Shippers

According to the latest data from FTR, a freight consulting firm, the Shipper Conditions Index (SCI) has fallen below zero for the first time since October 2022. Rising diesel prices are a major contributor, leading to increased freight rates and fuel surcharges, thus worsening the transportation environment for shippers. It is recommended that shippers optimize transportation routes, improve load factors, and choose appropriate transportation modes to cope with cost pressures.

01/21/2026 Logistics Industry Insights
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US Shippers Index Signals Freight Market Stability

US Shippers Index Signals Freight Market Stability

The Shipper Conditions Index (SCI), published by FTR, a US freight transportation consulting firm, is a key indicator for assessing the freight market environment. Although the January 2024 SCI decreased compared to the previous month, it remained positive, indicating market stability. The SCI is influenced by factors such as capacity, demand, and freight rates, helping shippers develop strategies and negotiate rates. Combining it with other indices provides a more comprehensive understanding of market dynamics.

01/21/2026 Logistics Industry Insights
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Basic Conditions for Safe Road Transportation of Hazardous Goods

Basic Conditions for Safe Road Transportation of Hazardous Goods

Road transportation of dangerous goods requires operators to meet the basic conditions of general freight transport, as well as specific requirements. These include compliance with safety regulations for vehicles and equipment, legal permits for parking lots, trained personnel with necessary knowledge and relevant certifications, drivers with safe driving experience, and a professional management team with safety systems in place.

07/17/2025 Logistics Encyclopedia
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Overview of Customs Supervision Conditions for Import and Export

Overview of Customs Supervision Conditions for Import and Export

This article defines the conditions for customs supervision in import and export trade and emphasizes the importance of providing necessary documents or information before customs declaration or clearance. Specific goods, such as scarce resources, military products, and endangered species, require relevant licenses to ensure a legal and compliant import-export process. Understanding these requirements is a vital responsibility for participants in international trade.

07/21/2025 Customs Knowledge
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Trucking Conditions Improve but Recovery Still Slow FTR Index

Trucking Conditions Improve but Recovery Still Slow FTR Index

The latest FTR Trucking Conditions Index (TCI) indicates improvements in the trucking industry, but recovery faces challenges like excess capacity, high fuel costs, and driver shortages. The report emphasizes the need for continued capacity adjustments and efficiency improvements for the industry to survive and thrive in the competitive market. Market conditions are expected to continue improving in early next year. The industry needs to focus on streamlining operations and adapting to changing demands to achieve sustainable growth.

01/21/2026 Logistics Industry Insights
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