Trucking Conditions Improve but Recovery Still Slow FTR Index

Trucking Conditions Improve but Recovery Still Slow FTR Index

The latest FTR Trucking Conditions Index (TCI) indicates improvements in the trucking industry, but recovery faces challenges like excess capacity, high fuel costs, and driver shortages. The report emphasizes the need for continued capacity adjustments and efficiency improvements for the industry to survive and thrive in the competitive market. Market conditions are expected to continue improving in early next year. The industry needs to focus on streamlining operations and adapting to changing demands to achieve sustainable growth.

01/21/2026 Logistics Industry Insights
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Flexport Raises 11B to Expand Global Supply Chain Tech

Flexport Raises 11B to Expand Global Supply Chain Tech

Flexport secured $110 million in Series C funding led by DST Global, with participation from existing investors. The company aims to connect the global supply chain through technological innovation, offering increased transparency, more accurate data, and superior service. Flexport envisions building a seamless global trade ecosystem and is actively addressing competition from players like Amazon. Investors are confident in Flexport's future growth potential, driven by its technology-focused approach to streamlining international logistics and providing better visibility into the complexities of global trade.

01/20/2026 Logistics
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North American Intermodal Volume Declines Amid Supply Chain Challenges

North American Intermodal Volume Declines Amid Supply Chain Challenges

The Intermodal Association of North America (IANA) reported a first decline in North American intermodal volumes in five years during Q3, impacted by supply chain disruptions and weather events. While the year-to-date volume for the first nine months still shows growth, challenges and opportunities persist. Collaborative efforts are needed to strengthen infrastructure, optimize networks, increase labor availability, improve equipment utilization, and promote digitalization. These actions are crucial for reshaping supply chain resilience in the face of ongoing uncertainties and fostering future growth in the intermodal sector.

01/27/2026 Logistics
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U.S. Destination Port Operational Process Explained

U.S. Destination Port Operational Process Explained

This article provides a detailed overview of the operational processes at U.S. destination ports, covering pre-clearance of containers before arrival and the cargo pickup process. It emphasizes the necessary information and documentation required for various pickups. Additionally, it analyzes the tracking systems used when utilizing third-party trucking services and the characteristics of dedicated trucking, offering readers a deeper understanding of cargo transportation at destination ports.

07/17/2025 Logistics Encyclopedia
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Five Common HS Declaration Errors and Compliance Reporting Guidelines

Five Common HS Declaration Errors and Compliance Reporting Guidelines

This article analyzes five common instances of HS declaration irregularities, detailing specific manifestations of the issues and their resulting consequences. By correctly understanding and filling out the declaration elements, unnecessary order returns can be avoided, thereby enhancing clearance efficiency. The article emphasizes the importance of completeness and accuracy of information in international trade.

07/28/2025 Customs Knowledge
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Global Fishing Gear Trade Faces Shifting Tax Rates

Global Fishing Gear Trade Faces Shifting Tax Rates

This article provides a detailed analysis of the HS code 9507900000, covering product descriptions, export and import tax rates, and the impacts of international trade agreements. It offers practical market insights and strategic recommendations for industry chain participants.

04/06/2025 HS Code Query
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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.

08/05/2025 Customs Knowledge
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Cbps New Regulations Reshape US Tariff Policies Imports

Cbps New Regulations Reshape US Tariff Policies Imports

On May 15, CBP updated the terms regarding reverse tariffs under IEEPA, stating that tariff eligibility is determined by the final loading date of the shipping vessel. Goods loaded after the deadline will no longer qualify for duty exemption or the 10% reverse tariff, increasing the burden on importers. This change necessitates that importers promptly adjust their declarations and strategies to address the challenges posed by the new policy.

05/20/2025 Customs Knowledge
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