Guide Simplifies Ocean Freight Invoice Accounting for Finance Teams

Guide Simplifies Ocean Freight Invoice Accounting for Finance Teams

Struggling with accounting for shipping freight invoices? This article provides a detailed explanation of the accounting process for shipping freight invoices, including setting up detailed accounts, accounting methods for different scenarios, the accounting process for general taxpayers, handling transportation documents, input tax deduction issues, and accounting for freight and insurance expenses for export companies. It helps you easily handle the accounting of shipping freight invoices.

02/06/2026 Customs Knowledge
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Roadrunner Acquires GW Palmer to Boost Cold Chain Logistics

Roadrunner Acquires GW Palmer to Boost Cold Chain Logistics

Roadrunner (RRTS) acquired G.W. Palmer Logistics to bolster its temperature-controlled logistics capabilities and expand its presence in the Southern market. This acquisition is part of Roadrunner's overall expansion strategy, allowing them to offer enhanced services and reach a wider customer base within the specialized temperature-sensitive transportation sector. The move is expected to strengthen Roadrunner's position as a key player in the logistics industry.

02/11/2026 Logistics
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US Rail Freight Rebounds Signaling Economic Growth

US Rail Freight Rebounds Signaling Economic Growth

According to the Association of American Railroads, U.S. rail freight and intermodal traffic both increased year-over-year for the week ending September 16th. Freight volume saw a slight increase of 0.2%, while intermodal volume rose by 3.3%. Despite mixed year-to-date figures, the recent rebound suggests the U.S. rail transportation industry is gradually overcoming challenges and seizing new development opportunities, providing support for economic growth.

02/11/2026 Logistics
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US Rail Freight Sees Carload Drop Intermodal Rise

US Rail Freight Sees Carload Drop Intermodal Rise

US rail freight performance in November was mixed: carload volume decreased, while intermodal volume increased. Year-to-date carload volume remained flat, but intermodal volume declined. Influenced by macroeconomic factors and others, future investment and innovation are crucial for the rail freight industry to thrive. The diverging trends highlight the evolving dynamics of freight transportation and the need for adaptation in a changing economic landscape.

02/11/2026 Logistics
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US Rail Freight Volumes Drop Further Amid Economic Slowdown

US Rail Freight Volumes Drop Further Amid Economic Slowdown

US rail freight and intermodal volumes declined year-over-year in late April. Gains in motor vehicles and farm products were offset by declines in commodities such as coal. Overall North American rail freight volume also decreased. The dip highlights ongoing shifts in commodity demand and transportation patterns across the region. Further analysis is needed to determine the long-term implications for the rail freight industry.

02/11/2026 Logistics
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US Rail Freight Volumes Reflect Mixed Economic Signals in May

US Rail Freight Volumes Reflect Mixed Economic Signals in May

US rail freight volumes decreased overall in May, but some commodities saw growth, reflecting a mixed economic picture. Carload traffic experienced a slight increase in the first five months of the year, while intermodal shipments declined. These trends provide insights into the current state of the supply chain and broader economic activity, highlighting both areas of resilience and ongoing challenges within the freight transportation sector.

02/11/2026 Logistics
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Arrive Logistics TRN Boost Atlanta Freight Routes to Midwest West Coast

Arrive Logistics TRN Boost Atlanta Freight Routes to Midwest West Coast

Averitt Express, in collaboration with The Reliance Network (TRN), has launched an upgraded Less-Than-Truckload (LTL) service, significantly reducing transit times from Atlanta to the Midwest and West Coast. This partnership leverages TRN's robust regional LTL network, enhancing overall transportation efficiency and providing customers with faster and more reliable freight services. The collaboration aims to improve delivery speed and reliability for LTL shipments across key regions.

02/11/2026 Logistics
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