Trucking Industry Gains Market Share Amid Economic Challenges

Trucking Industry Gains Market Share Amid Economic Challenges

The American Trucking Associations reports a continued growth in trucking's share of the freight market, accounting for 69.1% of tonnage and 81.2% of revenue in 2013. The report highlights challenges and opportunities facing the trucking industry, including regulatory pressures, adverse weather conditions, and capacity constraints. It emphasizes how companies can seize opportunities and achieve growth by optimizing their supply chains, flexibly managing capacity, and investing in technological innovation. These strategies are crucial for navigating the evolving landscape and ensuring continued success in the competitive freight market.

01/29/2026 Logistics Industry Insights
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US Trucking Volume Rises in January Signaling Strong Start

US Trucking Volume Rises in January Signaling Strong Start

The American Trucking Associations reported a 0.7% month-over-month increase in the U.S. truck tonnage index for January, marking the second consecutive month of growth. This data, considered a leading economic indicator, may suggest a gradual recovery in U.S. economic activity. However, the limitations of relying on a single month's data should be acknowledged, and future trends require continuous monitoring.

01/16/2026 Logistics
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US Trucking Slump Signals Economic Cooling

US Trucking Slump Signals Economic Cooling

According to the American Trucking Associations, the freight tonnage index decreased month-over-month in April, although it still increased year-over-year but at a slower pace. Weakness in the spot market may impact the contract market. Businesses should pay attention to macroeconomic data, optimize capacity allocation, strengthen cost control, and expand diversified services to cope with uncertainty in the freight market.

01/28/2026 Logistics
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Basic Conditions for Safe Road Transportation of Hazardous Goods

Basic Conditions for Safe Road Transportation of Hazardous Goods

Road transportation of dangerous goods requires operators to meet the basic conditions of general freight transport, as well as specific requirements. These include compliance with safety regulations for vehicles and equipment, legal permits for parking lots, trained personnel with necessary knowledge and relevant certifications, drivers with safe driving experience, and a professional management team with safety systems in place.

07/17/2025 Logistics Encyclopedia
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Overview of Customs Supervision Conditions for Import and Export

Overview of Customs Supervision Conditions for Import and Export

This article defines the conditions for customs supervision in import and export trade and emphasizes the importance of providing necessary documents or information before customs declaration or clearance. Specific goods, such as scarce resources, military products, and endangered species, require relevant licenses to ensure a legal and compliant import-export process. Understanding these requirements is a vital responsibility for participants in international trade.

07/21/2025 Customs Knowledge
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Truck Driver Shortage Spurs Calls for Safety Pay Reforms

Truck Driver Shortage Spurs Calls for Safety Pay Reforms

The truck driver shortage isn't about a lack of positions, but rather the unattractive compensation and working conditions. High turnover rates reflect the industry's struggles. Walmart's increased driver pay is a positive step. The key to solving the problem lies in providing safe, meaningful work with fair compensation, improving working conditions, building trust, and elevating the status of drivers. Addressing these issues is crucial to attracting and retaining talent in the trucking industry.

01/21/2026 Logistics Industry Insights
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US Freight Volume Growth Slows in March Amid Mixed Signals

US Freight Volume Growth Slows in March Amid Mixed Signals

The American Trucking Associations report indicates mixed freight volume results for March. The seasonally adjusted index showed a slight decrease but solid year-over-year growth. Unadjusted freight volume saw significant monthly growth, but a substantial year-over-year decline. Slower growth is anticipated, but the overall market remains resilient. Attention should be paid to macroeconomic factors, technological innovation, and capacity challenges to capitalize on market opportunities.

02/04/2026 Logistics
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Shipping Market Rebounds As Cost Pressures Decline

Shipping Market Rebounds As Cost Pressures Decline

FTR's Shippers Conditions Index (SCI) showed a rebound in June, primarily driven by slower diesel price increases. FTR forecasts a potential positive SCI in July, but port congestion remains a concern. Businesses are advised to closely monitor market dynamics, optimize transportation plans, strengthen risk management, and seize new opportunities in the shipping market. Focusing on cost control strategies and understanding the SCI index fluctuations are crucial for navigating the current market conditions and mitigating potential risks associated with port congestion and fuel price volatility.

02/04/2026 Logistics Industry Insights
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Freight Demand Weakens As Capacity Costs Edge Higher

Freight Demand Weakens As Capacity Costs Edge Higher

DAT reports a weak overall US truckload freight market in October. Spot rates saw a slight increase, but couldn't offset low freight volumes. Multiple factors influence the market, including economic conditions, consumer spending, inventory levels, fuel prices, and regulations. The report predicts further challenges in 2025, advising trucking companies and brokers to improve efficiency, diversify services, strengthen customer relationships, and monitor market dynamics closely. Focus on operational excellence and adapting to evolving market conditions are crucial for success.

01/22/2026 Logistics Industry Insights
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