DAT reports that U.S. truckload freight volumes remained stable in July, with slight fluctuations in spot rates. Dry van volumes decreased slightly, while refrigerated volumes performed strongly, and flatbed volumes declined. Fuel surcharges increased, leading to a corresponding rise in contract rates. Overall, the market remains soft, and its future direction is uncertain. Carriers need to closely monitor market dynamics.
Transfix has successfully gone public through a merger with G Squared Ascend I Inc., valuing the company at an estimated $1.1 billion. This move will accelerate its innovation and growth in the logistics technology sector. By optimizing freight processes and providing solutions like TMS, FMS, and LTL, Transfix aims to create greater value for shippers and carriers, ultimately reshaping the logistics ecosystem. The company focuses on leveraging technology to improve efficiency and transparency in the freight industry.
The severe congestion at Lagos Port has resulted in over 4,000 containers being delayed, prompting industry calls for customs auctions. High clearance fees and dock charges are forcing importers to abandon their goods, creating a vicious cycle. The government urgently needs to implement effective measures to improve the port's condition to avoid economic losses and prevent goods from spoiling.
Shanghai Ortonvis International Freight Forwarding Co., Ltd. offers full truckload (FTL) transportation services from Fuzhou to Ho Chi Minh City, including bilateral customs declaration, DDP (Delivered Duty Paid) and door-to-door service. With 8 years of industry experience and integrity certification, we are committed to providing customers with safe, efficient, and worry-free cross-border logistics solutions. We specialize in China-Vietnam logistics, ensuring a smooth and reliable transportation process with all duties and taxes included.
In a Logistics Management podcast, Mike Regan of TranzAct provides an insightful analysis of the current freight economy, truckload rates, supply chain reset, C-suite and logistics alignment, and inventory management. He emphasizes the importance of digital adoption, supply chain optimization, enhanced strategic collaboration, and lean inventory management for businesses to navigate market challenges and seize growth opportunities. Companies must adapt to the evolving landscape by embracing these strategies to improve efficiency and resilience within their supply chains.
This article shares practical experience in shipping large items from Yantai. It provides step-by-step guidance on platform selection, order placement, packaging reinforcement, and logistics tracking, helping you avoid common pitfalls and easily handle large item shipments. Make moving less of a burden with these tips for successful large item logistics from Yantai.
This article provides a detailed guide on setting up Flexport LTL/FTL within the Amazon Seller Central. It covers essential steps such as selecting the shipping method, filling out cargo packaging information, and downloading box labels. The article emphasizes the collaboration with Flexport to optimize logistics strategies and ensure smooth delivery of goods to Amazon warehouses, ultimately helping sellers efficiently manage their cross-border logistics operations. It focuses on practical steps for a seamless integration and improved supply chain management.
Cowen and AFS have jointly launched a forward-looking freight index. Leveraging AI and ML technologies, it forecasts trends in LTL, TL, and parcel freight rates. This provides decision support for investors, shippers, carriers, and logistics service providers, helping businesses optimize strategies, reduce costs, and improve profitability. The index allows stakeholders to gain a competitive edge and capitalize on opportunities in the rapidly changing market. It offers valuable insights for informed decision-making and proactive planning in the logistics industry.
This article elaborates on the processes related to exporting hazardous loose cargo via Less than Container Load (LCL). It begins with the confirmation of key information, including piece count, gross weight, and dangerous goods declarations, emphasizing the importance of the destination port and the basic composition of LCL fees.
This article provides a detailed analysis of the full container and less than container load (LCL) freight standards for FBA shipping to the United States, including container types, cost components, and additional fees. It serves as an important reference for cross-border e-commerce businesses and freight forwarding companies.
