Freight Industry Grapples With Slow Growth Driver Shortage

Freight Industry Grapples With Slow Growth Driver Shortage

American Trucking Associations Chief Economist Bob Costello provided an in-depth analysis of the current state and future trends of the freight economy at the RILA conference. He believes economic growth is slowing but the fundamentals remain solid, although 2021 may present challenges. Costello highlighted key issues including the labor market, housing market, trade frictions, and the persistent driver shortage. He offered suggestions for businesses to navigate the uncertainties ahead, emphasizing the need for proactive planning and adaptability in a dynamic economic environment.

02/12/2026 Logistics Industry Insights
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White House Advisor Proposes Dual Strategy for Growth Inflation Control

White House Advisor Proposes Dual Strategy for Growth Inflation Control

Jared Bernstein, Chairman of the Council of Economic Advisers, interprets the current US economic situation from a 'freight perspective,' emphasizing a dual-engine strategy of 'stable growth and controlled inflation.' He focuses on trade structure, consumer spending, and supply chain resilience. While cautiously optimistic about the future of the US economy, he believes that the government, businesses, and the public must work together to achieve long-term economic prosperity. The administration is focused on mitigating inflation while maintaining a strong job market.

01/20/2026 Logistics Industry Insights
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US Imports Stay Strong Despite Inflation Geopolitical Strains

US Imports Stay Strong Despite Inflation Geopolitical Strains

Panjiva reports a month-over-month decrease but year-over-year increase in US containerized freight imports for February. The daily import volume reached a record high, indicating supply chain resilience. Imports of energy, consumer goods, and industrial equipment showed varied performance. Inflation and shifting demand may impact future imports, requiring businesses to adapt flexibly. This data highlights the complex interplay of factors influencing US trade and the need for businesses to closely monitor economic trends to navigate the evolving landscape.

01/21/2026 Logistics
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RXO Opens Laredo Hub to Boost Crossborder Nearshoring

RXO Opens Laredo Hub to Boost Crossborder Nearshoring

RXO has opened a new 127,000-square-foot cross-border logistics center in Laredo, Texas, designed to capitalize on the nearshoring trend. The facility offers warehousing, distribution, and customs brokerage services to clients. Located on the US-Mexico border and equipped with advanced technology, the center aims to improve cross-border transportation efficiency, reduce costs, and facilitate US-Mexico trade. RXO plans to invest over $30 million in the next decade to support the growth of its cross-border operations.

01/21/2026 Logistics
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EMCCA Customs College Enhances Training with WCO Backing

EMCCA Customs College Enhances Training with WCO Backing

The World Customs Organization (WCO) is assisting the Inter-State Customs Higher School of ECCA (ISSC) in reshaping its training system. Through diagnostic assessments, the WCO provided recommendations for improvement and jointly developed a new development strategy. The core of this strategy is building a competency-based training system to enhance the professional skills of regional customs officers, facilitate trade, and combat smuggling and other illegal activities. The WCO will continue to provide support to help ISSC achieve training modernization.

02/12/2026 Customs Knowledge
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WCO Backs Digital Shift in Western Balkans for Closer Ties

WCO Backs Digital Shift in Western Balkans for Closer Ties

The Secretary General of the World Customs Organization visited North Macedonia to promote regional integration in the Western Balkans through digital transformation. He emphasized the importance of data analysis, coordinated border management, and Single Window systems. He suggested building a regionally interconnected customs system based on WCO standards. Furthermore, he highlighted the role of customs in disaster relief and the importance of collaboration with various stakeholders. This visit underscores the WCO's commitment to supporting efficient and secure trade facilitation in the region.

02/12/2026 Customs Knowledge
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Global Shipping Guide Aims to Optimize Supply Chains

Global Shipping Guide Aims to Optimize Supply Chains

This article provides a detailed explanation of the complete international shipping process, from booking to final receipt. It covers key stages including pre-shipment preparation, booking, domestic operations, sea freight, destination port procedures, and final delivery. The article differentiates between Full Container Load (FCL) and Less than Container Load (LCL) shipments. It aims to help readers fully understand the international shipping mechanism, avoid potential risks, and achieve efficient trade. This guide provides practical insights into navigating the complexities of international sea freight.

02/03/2026 Logistics Encyclopedia
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Europeasia Shipping Routes Optimized in New Guide

Europeasia Shipping Routes Optimized in New Guide

This paper provides an in-depth analysis of the major sea routes connecting Europe and Asia, focusing on a comparative analysis of the advantages and disadvantages of the Suez Canal, the Cape of Good Hope, the Panama Canal, and the Persian Gulf routes. It details the time required for maritime transport from Europe to China, offering a reference for companies to select the optimal shipping solution. The study aims to assist businesses in making informed decisions regarding their Eurasian trade logistics.

02/02/2026 Logistics Encyclopedia
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Port of LA Launches Incentives to Boost Competitiveness

Port of LA Launches Incentives to Boost Competitiveness

The Port of Los Angeles has launched the 'Ocean Carrier Incentive Program' to attract shipping companies and increase container throughput through cash rewards. The program offers incentives ranging from $5 to $15 per TEU, based on 2013 cargo volumes. This initiative aims to address increasing competition and the shift in freight volumes, solidifying the Port of Los Angeles' position in trans-Pacific trade. The program aims to boost cargo volume and improve the port's competitiveness in the face of evolving market dynamics.

02/04/2026 Port Encyclopedia
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Asiapacific Customs Chiefs Meet in Shanghai to Boost Regional Cooperation

Asiapacific Customs Chiefs Meet in Shanghai to Boost Regional Cooperation

The 2018 Asia Pacific World Customs Organization Regional Training Center Heads Meeting was held in Shanghai, focusing on customs capacity building. Discussions centered on e-learning, training strategy implementation, seminar benefit optimization, and strengthening RTC functions. The meeting fostered regional cooperation, clarified the direction of capacity building, promoted the implementation of the WCO training strategy, and enhanced the international influence of Asia Pacific Customs. It emphasized the importance of collaborative efforts to improve customs practices and facilitate trade within the region.

02/03/2026 Customs Knowledge
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