NMFC Update Shifts LTL Shipping to Densitybased Pricing

NMFC Update Shifts LTL Shipping to Densitybased Pricing

The National Motor Freight Traffic Association (NMFTA) has implemented the latest version of the National Motor Freight Classification (NMFC) system, requiring shippers to provide more accurate freight density information for fairer freight pricing. With the new regulations now in effect, Less-than-Truckload (LTL) carriers must actively embrace the change, strengthen communication with customers, and leverage digital tools to improve operational efficiency to succeed under the new rules. This shift necessitates adaptation and a proactive approach to ensure continued success in the evolving logistics landscape.

01/30/2026 Logistics
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Tech Helps Nvoccs Manage Freight Rate Volatility for Profits

Tech Helps Nvoccs Manage Freight Rate Volatility for Profits

Facing increasingly complex global transportation challenges, Non-Vessel Operating Common Carriers (NVOCCs) need to leverage technology to improve profitability. This can be achieved through Transportation Management Systems (TMS), data analytics, and contract management, optimizing operational processes, reducing costs, and increasing efficiency. The case of Bolloré Transport & Logistics demonstrates that technology empowerment can significantly improve quotation speed, contract management, and cost control, enabling NVOCCs to remain competitive in the dynamic logistics landscape.

Kenco Expands North American Logistics with Drexel Acquisition

Kenco Expands North American Logistics with Drexel Acquisition

Kenco's acquisition of Drexel Industries' 3PL business aims to expand its Canadian operations, strengthen market competitiveness, broaden service offerings, and optimize its North American logistics network. This acquisition combines Kenco's technological strengths with Drexel's market experience, providing more comprehensive logistics solutions for both companies' customers. The deal reflects the ongoing consolidation trend within the third-party logistics industry, as companies seek to increase scale and efficiency through strategic partnerships and acquisitions to better serve the evolving needs of their clients.

01/30/2026 Logistics
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USPS Tenyear Plan Aims to Revive Struggling Service

USPS Tenyear Plan Aims to Revive Struggling Service

The United States Postal Service (USPS) faces challenges from digitization and operational costs, prompting its "Ten-Year Strategic Plan" to achieve financial sustainability and service excellence. The plan focuses on operational optimization, service improvements, financial stability, and human resource management. Early results show improvements in delivery speed and on-time performance. Experts acknowledge the strategic direction but highlight ongoing challenges including increased competition, cost pressures, and regulatory constraints. Successful execution of the plan will be crucial.