New Predictive Freight Index Aims to Forecast Shipping Rates

New Predictive Freight Index Aims to Forecast Shipping Rates

Cowen and AFS have partnered to launch a freight index, forecasting LTL, truckload, and parcel rates. The inaugural index reveals an increase in truckload rates and a decrease in LTL weight. This index provides valuable insights into the current state of the freight market and offers predictive analysis for future trends. It aims to assist shippers and carriers in making informed decisions regarding pricing and capacity planning. The index will be updated regularly to reflect the dynamic nature of the logistics industry.

01/15/2026 Logistics Industry Insights
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DHL Expands Norfolk Hub to Strengthen Eastern Virginia Trade

DHL Expands Norfolk Hub to Strengthen Eastern Virginia Trade

DHL Express has upgraded its Norfolk Service Center with a $7.3 million investment to expand its operations, enhance cargo handling capacity, and shorten cut-off times. This upgrade optimizes global network connectivity and introduces electric vehicles to support sustainable development. The new facility aims to serve the Eastern Virginia region, helping businesses expand their global reach, particularly those in B2B, B2C e-commerce, and government-related services. This investment underscores DHL's commitment to improving efficiency and sustainability in its logistics network.

01/15/2026 Logistics
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EU Customs Lab Trains Bosnia in Revenue Protection Techniques

EU Customs Lab Trains Bosnia in Revenue Protection Techniques

The European Regional Customs Laboratory (RCL) provided practical training to the Customs Administration of Bosnia and Herzegovina, enhancing their capabilities in commodity sampling and identification to combat smuggling and fraud, and safeguard national revenue. The training combined theoretical knowledge with practical exercises, interpreting the SAMANCTA sampling guidelines and conducting on-site drills within enterprises. The WCO continuously supports customs capacity building, aiming to foster a more efficient and secure global trade environment. This initiative strengthens customs operations and contributes to economic stability.

01/19/2026 Customs Knowledge
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Biden Administration Addresses Congestion at LA Long Beach Ports

Biden Administration Addresses Congestion at LA Long Beach Ports

To address port congestion in the United States, the Biden administration is actively collaborating with the Port of Los Angeles and the Port of Long Beach. The ports have proposed short-term incentives, data optimization, pilot improvements, and capacity optimization measures. Long-term recommendations include establishing a national port information sharing system, assessing tariff impacts, building workforce training centers, and increasing infrastructure investment on the West Coast. These initiatives aim to improve port operational efficiency and alleviate supply chain pressures.

01/19/2026 Logistics Industry Insights
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Colombia Customs Boosts Efficiency with WCO Partnership

Colombia Customs Boosts Efficiency with WCO Partnership

The World Customs Organization (WCO), through its Global Trade Facilitation Programme (GTFP), remotely assisted the Colombian Customs (DIAN) in strategic planning and optimizing its Key Performance Indicators (KPIs) system to improve management efficiency. The project aims to build a sustainable performance management system, supporting DIAN's institutional transformation and capacity building. This initiative lays the foundation for the modernization of Colombian Customs and contributes to global trade facilitation efforts. The GTFP's support is crucial for enhancing DIAN's strategic alignment and operational effectiveness.

01/19/2026 Customs Knowledge
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Constellation Brands Faces Beer Shortage Amid Brown Glass Supply Crisis

Constellation Brands Faces Beer Shortage Amid Brown Glass Supply Crisis

Constellation Brands faces a brown glass shortage, impacting inventory of imported beers like Pacifico. Despite ongoing supply chain challenges and inflationary pressures, the company is actively addressing these issues through joint ventures, capacity expansion, and localization strategies. These efforts aim to maintain growth momentum within its beer business, mitigating the impact of the glass shortage and broader economic headwinds. The company remains focused on optimizing its supply chain and adapting to the evolving market landscape to ensure consistent product availability.

01/19/2026 Logistics Industry Insights
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Uganda Boosts Wildlife Trade Enforcement with WCO Backing

Uganda Boosts Wildlife Trade Enforcement with WCO Backing

With the support of the World Customs Organization (WCO) Inama Project, the Uganda Revenue Authority (URA) is actively enhancing its capacity to combat Illegal Wildlife Trade (IWT). Through initiatives such as developing a CITES Enforcement Manual, strengthening inter-agency collaboration, and raising public awareness, Uganda is poised to play a greater role in protecting endangered species and contributing significantly to global biodiversity conservation. The efforts focus on improving customs enforcement practices to effectively intercept and prevent the illegal trade of wildlife products.

01/20/2026 Customs Knowledge
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WCO Helps Togo Increase Revenue by Tightening Customs Controls

WCO Helps Togo Increase Revenue by Tightening Customs Controls

The World Customs Organization (WCO) completed a three-phase capacity building assistance program for Togo Customs, aimed at helping the Togolese Revenue Office (OTR) reclaim outsourced customs valuation functions and enhance its valuation capabilities. The program, through diagnostic assessments, expert training, and the establishment of an electronic database, helped Togo Customs close tax loopholes and increase fiscal revenue, providing stronger financial support for national development. The initiative strengthened Togo's ability to accurately assess customs duties and improve overall customs administration.

01/20/2026 Customs Knowledge
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Trucking Industry Struggles Amid Prolonged Profit Decline

Trucking Industry Struggles Amid Prolonged Profit Decline

The Trucking Conditions Index remains weak, suggesting the industry downturn may persist into early 2024. Key factors include soft demand, excess capacity, and rising costs. Small businesses face significant challenges. Companies should optimize operations, expand their customer base, and strengthen cost control measures to cope with the situation, while anticipating industry recovery. The prolonged slump is impacting profitability and forcing companies to adapt to survive the economic headwinds. Strategic planning and efficient resource management are crucial for navigating this difficult period.

01/17/2026 Logistics Industry Insights
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UN World Customs Org Boost Collaboration for Global Recovery

UN World Customs Org Boost Collaboration for Global Recovery

The UN Secretary-General met with the Secretary-General of the World Customs Organization, agreeing to strengthen cooperation in addressing global challenges and promoting global economic recovery. Key areas of collaboration include vaccine distribution, combating cross-border crime, facilitating trade, and supporting Sustainable Development Goals. Both parties will enhance information sharing, technological innovation, and capacity building, working towards a safer, more prosperous, and sustainable world. This partnership aims to leverage customs expertise in areas crucial for global stability and economic growth.

01/20/2026 Customs Knowledge
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