Container Shipping Industry Grapples with Overcapacity

Container Shipping Industry Grapples with Overcapacity

Despite efforts to control capacity in the container shipping industry, factors like the trend towards larger vessels, freight portfolio optimization, the impact of Hanjin's bankruptcy, and port expansions suggest the risk of overcapacity persists. Shipping companies need to manage capacity flexibly, offer differentiated services, embrace digital transformation, and focus on sustainability. Shippers should diversify transportation channels, build long-term partnerships, and closely monitor market changes. Collaborative efforts are crucial for the industry to address challenges and achieve sustainable development.

01/28/2026 Logistics Industry Insights
Read More
Evans Transportation Launches Freight Brokerage Service

Evans Transportation Launches Freight Brokerage Service

Evans Transportation Services (ETS) launches its freight brokerage division, EFS, to address capacity shortages and declining service quality faced by manufacturers. Leveraging 25 years of industry expertise, advanced technology, and a robust carrier network, EFS aims to provide clients with broader capacity options, competitive pricing, and reliable service quality. EFS will help businesses optimize their supply chains, reduce costs, and improve efficiency by offering tailored solutions and expert support in navigating the complexities of freight transportation.

01/20/2026 Logistics
Read More
Cass Freight Index Warns of Economic Slowdown As Shipping Slump Persists

Cass Freight Index Warns of Economic Slowdown As Shipping Slump Persists

The latest Cass Freight Index report indicates a continued decline in freight volume and expenditures in October, signaling a potential economic downturn. The report highlights multiple contributing factors, including weak demand, excess capacity, inventory buildup, and geopolitical risks. To navigate these challenges, businesses should refine operations, flexibly adjust capacity, strengthen risk management, and embrace digitalization. These strategies are crucial for adapting to the evolving market conditions and mitigating potential negative impacts from the predicted economic slowdown.

01/21/2026 Logistics Industry Insights
Read More
AFS Logistics Expert Analyzes Freight Market Trends Challenges

AFS Logistics Expert Analyzes Freight Market Trends Challenges

AFS Logistics expert Tom Nightingale interprets the freight market, analyzing peak season outlook, capacity rates, nearshoring, and the impact of the Baltimore incident. He emphasizes that companies need to optimize inventory, secure capacity, and diversify their supply chains to address challenges and seize opportunities. This includes proactive planning and strategic partnerships to navigate volatility and ensure resilience in the face of evolving market dynamics. By adopting these strategies, businesses can better position themselves for success in the current environment.

01/21/2026 Logistics Industry Insights
Read More
Trucking Market Nears Recovery As FTR Predicts 2026 Rebound

Trucking Market Nears Recovery As FTR Predicts 2026 Rebound

The FTR Trucking Index edged up to 0.3, signaling easing price pressures and improved utilization. Market improvement is anticipated in 2026-27, with capacity constraints potentially acting as a catalyst. While the index shows a slight positive movement, the underlying issue of capacity and its impact on pricing and overall market health remains a key factor to watch. The expectation of future market recovery hinges on the interplay between demand and the availability of trucking resources.

01/21/2026 Logistics Industry Insights
Read More
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
Read More
Freight Market Faces Volatility Amid Boombust Cycles

Freight Market Faces Volatility Amid Boombust Cycles

The freight market exhibits a typical boom-and-bust cyclical pattern, fundamentally driven by unstable supply and demand. Economic cycles cause demand fluctuations, while the lagged adjustment of transport capacity exacerbates market volatility. Solutions involve government macro-control, corporate risk management, and coordinated guidance from industry associations to maintain market order and achieve sustainable development. The key is to mitigate the impact of delayed capacity adjustments and external economic shocks through proactive planning and collaborative efforts.

01/21/2026 Logistics Industry Insights
Read More
North American Class 8 Truck Orders Drop Sharply Amid Demand Concerns

North American Class 8 Truck Orders Drop Sharply Amid Demand Concerns

North American Class 8 truck orders experienced a significant decline in November, raising concerns about demand pull-ahead and future market trends. Experts attribute this drop to factors like demand pull-ahead and seasonal effects, but emphasize the need to monitor key indicators such as economic growth, freight volume, and capacity utilization. Order fluctuations impact logistics capacity, equipment manufacturers, employment, and the overall economy. Businesses should carefully navigate market changes and develop flexible strategies to mitigate potential risks.

02/03/2026 Logistics
Read More
North American Class 8 Truck Orders See Volatile Demand

North American Class 8 Truck Orders See Volatile Demand

North American Class 8 truck orders, while slightly decreased, remain at a high level, driven by various factors. Recession risks should be monitored. Order growth benefits capacity, but also brings competition and cost pressures. The sustained high order volume indicates continued demand in the logistics sector, potentially influenced by infrastructure projects and consumer spending. However, manufacturers and operators need to carefully manage increased capacity to avoid oversupply and maintain profitability in a potentially softening economic environment.

02/03/2026 Logistics
Read More
WCO Framework Enhances Datadriven Customs Clearance Globally

WCO Framework Enhances Datadriven Customs Clearance Globally

The World Customs Organization (WCO) has launched the 'Data Analysis Capacity Building Framework' to assist member customs administrations in building data-driven clearance systems. This framework emphasizes strategic planning, capacity building, technological infrastructure, and organizational culture. Through concrete implementation steps and best practice examples, it helps customs improve risk management, enhance clearance efficiency, increase revenue collection, and strengthen international cooperation. The framework aims to empower customs administrations to effectively leverage data for improved performance and security.

02/02/2026 Customs Knowledge
Read More