Trucking Sector Eyes 2026 Rebound After Freight Slump

Trucking Sector Eyes 2026 Rebound After Freight Slump

The US trucking industry is experiencing a downturn, with excess capacity and weak demand leading to depressed freight rates. The industry is looking ahead to 2026, hoping that economic recovery and capacity adjustments will bring a turnaround. However, the future remains uncertain, and the industry needs to closely monitor market dynamics and adapt flexibly. The oversupply of trucks coupled with lower demand creates a challenging environment for carriers, impacting profitability and overall industry stability.

Pandemic Panic Buying Boosts Trucking Rates

Pandemic Panic Buying Boosts Trucking Rates

A DAT report indicates that emergency restocking driven by the COVID-19 pandemic pushed up spot market truckload rates and volumes in the US during mid-to-late March. Demand for van and refrigerated trucks surged, leading to tight capacity. Experts believe the market's trajectory in the coming weeks is crucial, emphasizing the importance of the agricultural shipping season and the pandemic's impact on consumer demand. Logistics companies should adapt flexibly to capitalize on opportunities.

Guide to Smooth Customs Clearance for Returning Travelers

Guide to Smooth Customs Clearance for Returning Travelers

This article interprets customs regulations regarding personal belongings carried by inbound and outbound passengers. It highlights the return requirements for temporarily duty-free imported items and the declaration process for taking items out of the country and bringing them back in. Understanding these regulations ensures smooth customs clearance and avoids unnecessary complications for travelers.

Customs Tax Exemption Codes Explained: Key Factors for Smooth Import and Export

Customs Tax Exemption Codes Explained: Key Factors for Smooth Import and Export

This article discusses the classification and coding structure of customs duty exemption codes, detailing types of import and export goods such as general taxation, gratuitous aid, and other statutory tax reductions. By clarifying the definitions, codes, and applicable ranges for various types of goods, it aids relevant personnel in effectively understanding customs policies, thereby facilitating smooth international trade.

Bonded Warehouses Offer Taxfree Storage for Global Trade

Bonded Warehouses Offer Taxfree Storage for Global Trade

A bonded warehouse is a solution in international trade that allows for the storage of goods on which duties have not yet been paid. Businesses can use this to defer duty payments, improve cash flow, and enhance flexibility and competitiveness in storage management. There are up to 11 types of bonded warehouses globally, providing support for various market needs.

Monthly Payment Plan Eases Cash Flow for Importers

Monthly Payment Plan Eases Cash Flow for Importers

The Periodic Monthly Statement (PMS) is a payment option introduced by U.S. Customs that allows importers to consolidate duty and tax payments on a monthly basis, optimizing cash flow. This program not only reduces the financial pressure of individual payments but also enhances the flexibility of fund utilization, making it a valuable option for importers to consider and leverage.

US Imposes Countervailing Duties to Combat Unfair Trade Practices

US Imposes Countervailing Duties to Combat Unfair Trade Practices

A countervailing duty (CVD) is a tariff imposed by the United States to offset unfair competitive advantages gained by domestic industries due to foreign government subsidies. Targeting specific countries and products, CVDs aim to restore a level playing field in international trade. Businesses should monitor policy changes, ensure compliance, and proactively address the challenges posed by countervailing duties.

Guide to Shipping Goods from Japan to China

Guide to Shipping Goods from Japan to China

This article provides a detailed explanation of the entire process of shipping goods from Japan to China. It covers key aspects such as logistics channel selection, pre-shipment preparation, a detailed breakdown of the shipping process, important considerations, customs duty issues, and shipping time. The aim is to help readers complete cross-border shipping safely and efficiently.

Shenzhen Leads the World: The City with the Highest Quantity of Pure Electric Logistics Vehicles

Shenzhen Leads the World: The City with the Highest Quantity of Pure Electric Logistics Vehicles

Shenzhen is a global leader in promoting pure electric logistics vehicles, aiming to achieve a 50% usage rate by 2020. The first China New Energy Vehicle (Logistics Vehicle) Challenge is set to take place on December 20, attracting numerous automakers and logistics giants. Shenzhen's initiatives target the promotion of 9,203 pure electric logistics vehicles, contributing to the establishment of a green urban delivery system.

07/18/2025 Logistics
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China Cargo Airlines Expands Hazardous Goods Transport at Hangzhou

China Cargo Airlines Expands Hazardous Goods Transport at Hangzhou

Air China Cargo's Hangzhou Operating Base has successfully expanded its inbound truck dangerous goods business, with the first shipment of Class 9 dangerous goods arriving smoothly. This breakthrough overcomes the restriction of not allowing dangerous goods to be loaded on inbound trucks in Zhejiang Province, enhances the base's service capabilities, optimizes the regional cargo structure, and provides a reference for other regions. This development is expected to increase the Hangzhou base's influence in the East China market.

09/26/2025 Logistics
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