China Aims to Cut High Logistics Costs Amid Global Competition

China Aims to Cut High Logistics Costs Amid Global Competition

In China, logistics costs account for 16.6% of GDP, which is 5 percentage points higher than the global average. Low logistics efficiency and effectiveness contribute to rising costs. To reduce logistics costs, efforts should focus on four areas: building systems, sharing resources, innovating logistics models, and optimizing the market environment. These measures aim to enhance overall logistics service efficiency and promote supply-side reform.

07/28/2025 Logistics
Read More
WCO Study Targets Trade Efficiency Through Customs Broker Reform

WCO Study Targets Trade Efficiency Through Customs Broker Reform

The World Customs Organization (WCO) published the 'Study Report on Customs Brokers' aiming to improve global customs broker standards. The report outlines the role of brokers in international supply chains, provides policy and organizational recommendations, offers a standardized model inventory, and highlights opportunities for cooperation between customs and brokers. Countries are encouraged to draw on the report to optimize broker management and promote trade facilitation.

01/05/2026 Customs Knowledge
Read More
Seattle Port Streamlines Logistics and Customs Clearance

Seattle Port Streamlines Logistics and Customs Clearance

This paper provides an in-depth analysis of the Port of Seattle, covering its geographical advantages, code ranking, shipping network, customs clearance procedures, logistics services, fee structure, operating hours, and cooperating shipping companies. As a crucial hub connecting Asia-Pacific and North America, the Port of Seattle leverages its efficient operations and comprehensive facilities to help businesses optimize their supply chains and seize market opportunities.

01/04/2026 Port Encyclopedia
Read More
US Exit from Paris Pact Reshapes Climate Efforts Business Risks

US Exit from Paris Pact Reshapes Climate Efforts Business Risks

The US withdrawal from the Paris Agreement posed challenges to global climate governance, but also spurred other nations and businesses to intensify climate action. Companies should proactively embrace the green transition by setting emission reduction targets, investing in clean energy, optimizing supply chains, developing low-carbon products, engaging in policy dialogues, and enhancing information disclosure. These actions will help them gain a competitive edge in the future.

01/07/2026 Logistics Industry Insights
Read More
South Carolina Port Volumes Decline Hinting at Retail Slowdown

South Carolina Port Volumes Decline Hinting at Retail Slowdown

South Carolina's port throughput declined by 12% year-over-year in September, signaling a potential cooling of holiday season consumption in the US retail sector. Reduced consumer spending, retailers' inventory returning to normal levels, and optimized supply chains are key contributing factors. Expect increased promotional efforts during the holiday season, with rational consumption becoming the dominant trend. Ports need to actively transform to meet these challenges.

01/16/2026 Logistics
Read More
Global Firms Face Talent Shortages Recession Risks in 2020

Global Firms Face Talent Shortages Recession Risks in 2020

The Conference Board's annual survey reveals that global business leaders are most concerned about talent shortages and the risk of economic recession in 2020. Companies need to strengthen risk management, optimize supply chains, embrace technological innovation, and actively address trade frictions and geopolitical risks to achieve sustainable development. Addressing the talent war and mitigating the impact of a potential recession are critical for business resilience.

01/15/2026 Logistics Industry Insights
Read More
Toyota Raymond Merge to Lead North American Forklift Market

Toyota Raymond Merge to Lead North American Forklift Market

Toyota Material Handling and The Raymond Corporation announced their integration into Toyota Material Handling North America (TMHNA). This aims to optimize resource allocation, synergize supply chains, expand service networks, and share technology, ultimately improving operational efficiency and providing customers with better solutions. Following the integration, Toyota and Raymond will maintain brand independence. Competition in the North American material handling market is expected to intensify.

01/15/2026 Logistics
Read More
US Truckload Market Holds Steady Amid Modest Demand Decline

US Truckload Market Holds Steady Amid Modest Demand Decline

DAT reports a slight increase in available freight and a decrease in available trucks in the US spot truckload market. This dynamic has kept freight rates firm despite the typical 'July lull.' Factors such as market supply and demand, driver shortages, and economic recovery are contributing to this trend. Shippers should closely monitor market dynamics and adjust their transportation strategies accordingly to navigate the current environment.

01/19/2026 Logistics
Read More
Data Analytics Reshapes Freight Pricing in Trucking Industry

Data Analytics Reshapes Freight Pricing in Trucking Industry

DAT analysts interpret the price drivers in the trucking market, including macroeconomics, supply and demand, fuel costs, and seasonality. DAT RateView facilitates data-driven decision-making by providing comprehensive freight rate data and analytics. This allows businesses to understand market trends, optimize pricing strategies, and improve overall efficiency in their logistics operations. By leveraging data analysis, companies can gain a competitive edge in the dynamic freight market.

01/21/2026 Logistics Industry Insights
Read More
Uber Freight Expands Managed Transport Services in Europe

Uber Freight Expands Managed Transport Services in Europe

Uber Freight's European operations are experiencing rapid growth, with freight volume exceeding €200 million and projected to reach €2 billion by 2028. This success is attributed to globalization, technology, and service offerings, including outsourcing solutions. Uber Freight empowers clients to improve efficiency and achieve sustainable development goals within their supply chains. They offer managed transportation solutions to streamline operations and optimize freight movements across Europe.

01/21/2026 Logistics Industry Insights
Read More