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In this paper, we study the problem of compact routing schemes in weighted undirected and directed graphs. For weighted undirected graphs, more than a decade ago, Chechik [PODC'13] presented a ≈ 3.68k-stretch compact routing scheme that uses Õ(n^{1/k}log{D}) local storage, where D is the normalized diameter, for every k > 1. We present a ≈ 2.64k-stretch compact routing scheme that uses Õ(n^{1/k}) local storage on average in each vertex. This is the first compact routing scheme that uses total local storage of Õ(n^{1+1/k}) while achieving a c ⋅ k stretch, for a constant c < 3. In real-world network protocols, messages are usually transmitted as part of a communication session between two parties. Therefore, more than two decades ago, Thorup and Zwick [SPAA'01] considered compact routing schemes that establish a communication session using a handshake. In their handshake-based compact routing scheme, the handshake is routed along a (4k-5)-stretch path, and the rest of the communication session is routed along an optimal (2k-1)-stretch path. It is straightforward to improve the (4k-5)-stretch of the handshake to ≈ 3.68k-stretch using the compact routing scheme of Chechik [PODC'13]. We improve the handshake stretch to the optimal (2k-1), by borrowing the concept of roundtrip routing from directed graphs to undirected graphs. For weighted directed graphs, more than two decades ago, Roditty, Thorup, and Zwick [SODA'02 and TALG'08] presented a (4k+ε)-stretch compact roundtrip routing scheme that uses Õ(n^{1/k}) local storage for every k ≥ 3. For k = 3, this gives a (12+ε)-roundtrip stretch using Õ(n^{1/3}) local storage. We improve the stretch by developing a 7-roundtrip stretch routing scheme with Õ(n^{1/3}) local storage. In addition, we consider graphs with bounded hop diameter and present an optimal (2k-1)-roundtrip stretch routing scheme that uses Õ(D_{HOP}⋅ n^{1/k}), where D_{HOP} is the hop diameter of the graph.