This article provides a detailed analysis of the costs involved in the ocean shipping process, including port miscellaneous fees, shipping security fees, THC fees, ORC fees, and more. Local fees vary by region and shipping company, so shippers need to understand the standards and components of each fee for better cost estimation.
Tokachi Airport, located in the city of Tokachi, Hokkaido, has been in operation since 1981. It connects to major cities, making it easier for visitors to explore the region's natural scenery.
The Transportation Intermediaries Association (TIA) has announced that President and CEO Robert Voltmann will step down at the end of September, concluding his 23-year tenure. Voltmann's departure marks a significant turning point in TIA's development. The association has initiated a search process to find a successor, and the future direction of the association is attracting considerable attention. The next leader will be instrumental in shaping TIA's strategy and navigating the evolving landscape of the transportation intermediary industry.
Compensation for transportation technology talent leads the science and technology industry, driven by technological innovation and talent scarcity. Specific areas like autonomous driving engineers are highly sought after, with San Francisco leading in compensation, but emerging cities are rising. Rising salaries will reshape the talent structure and skill needs of the supply chain. Companies should build talent ecosystems, and governments should strengthen talent development and introduction to jointly usher in a golden age for transportation technology talent. This requires proactive strategies to attract, retain, and develop skilled professionals.
The annual report from the 'Logistics Management' magazine reveals two distinct approaches to freight transportation management: commoditization and value-added. The commoditization camp prioritizes low prices, while the value-added camp emphasizes service and collaboration. The study underscores the importance of data-driven decision-making and anticipates future trends in intelligent, green, collaborative, and customized transportation. These trends aim to help businesses differentiate themselves and gain a competitive edge in the evolving logistics landscape.
The latest Freight Transportation Services Index released by the U.S. Bureau of Transportation Statistics indicates short-term downward pressure on the U.S. freight market, but highlights its long-term resilience and growth potential. The report reveals the impact of factors like consumer demand, inventory adjustments, geopolitical risks, and energy price fluctuations on the freight market. It also emphasizes the importance of policy guidance and technological innovation in promoting sustainable development within the freight market.
Breakthrough's 'State of Transportation' report reveals that extreme weather is the top challenge for the transportation industry in 2024, with a tightening capacity market and sustainability emerging as a key issue. Shippers and carriers need to strengthen risk management, optimize capacity procurement, embrace green transformation, and build new partnerships to address these challenges and capitalize on opportunities arising from industry consolidation. Collaboration and proactive strategies are crucial for navigating the evolving landscape.
The American Trucking Associations (ATA) forecasts that trucking will continue to dominate the freight market over the next decade, with freight volumes approaching 14 million tons by 2035. The report analyzes trends across various transportation modes, highlighting the central role of trucking in the supply chain. It provides valuable insights for industry leaders and policymakers, offering a comprehensive outlook on the future of freight transportation and emphasizing the sustained importance of the trucking sector.
The US freight market faces challenges from slowing demand and overcapacity. The potential UPS strike and Yellow's bankruptcy add further uncertainty. The report analyzes the current state of various transportation modes, emphasizing that shippers should closely monitor market dynamics, collaborate with multiple carriers, optimize transportation networks, and strengthen risk management. By diversifying carrier relationships and proactively managing potential disruptions, shippers can navigate the volatile market and mitigate the impacts of these challenges.
The June Logistics Manager Index (LMI) report indicates a strong continued growth momentum in the logistics industry, with the LMI value reaching 60.7. Key drivers include inventory levels and transportation utilization. However, uncertainty surrounding high inventories and trade policies poses challenges to sustaining future demand growth.
