XPO Logistics to Split in Strategic Move to Boost Growth

XPO Logistics to Split in Strategic Move to Boost Growth

XPO Logistics plans to spin off its logistics business, aiming to create two independent public companies focused on their respective areas. XPORemainCo will concentrate on less-than-truckload (LTL) transportation and truck brokerage, while NewCo will focus on contract logistics. This move is intended to improve operational efficiency, unlock shareholder value, and better serve customer needs. The management team will remain stable, and technological advantages will be maintained. Industry experts generally view this strategic transformation favorably.

02/04/2026 Logistics
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Nextgen Supply Chain Awards Honor AI and Robotics Innovators

Nextgen Supply Chain Awards Honor AI and Robotics Innovators

Quickcode.ai, Easy Metrics, and Corvus Robotics have won the 2025 NextGen Supply Chain Awards, representing AI, digitalization, and robotics technologies respectively. These companies are empowering smarter and more efficient supply chains through their innovative solutions. The awards highlight the crucial role of technology in driving supply chain innovation and optimizing logistics operations for enhanced performance and resilience in the rapidly evolving global market. They showcase the future of supply chain management, driven by cutting-edge technologies.

02/04/2026 Logistics
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EURUSD Tests Key 110 Level Amid Market Uncertainty

EURUSD Tests Key 110 Level Amid Market Uncertainty

EUR/USD is fiercely contested around the 1.10 level, with bulls and bears evenly matched. This analysis delves into technical indicators and market sentiment, offering corresponding trading strategy recommendations. Looking ahead, Eurozone and US economic data, geopolitical risks, and central bank policies will be key factors influencing the EUR/USD movement. The article provides insights into potential entry and exit points based on technical patterns and risk management principles, aiming to equip traders with actionable strategies.

02/04/2026 Exchange Rate Query
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Euro Weakens As EURUSD Breaks Key Support Level

Euro Weakens As EURUSD Breaks Key Support Level

EUR/USD broke below the 200-hour moving average for the first time since July, signaling increased bearish momentum. This analysis examines key support and resistance levels, explores the influence of fundamental factors, and provides corresponding trading strategies. It emphasizes the importance of risk management, reminding traders to enter the market cautiously. The breakdown suggests a potential shift in market sentiment, warranting close observation of price action and economic data releases to inform trading decisions and manage potential losses.

02/04/2026 Exchange Rate Query
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Walmart Pulls Welspun Sheets Over Egyptian Cotton Doubts

Walmart Pulls Welspun Sheets Over Egyptian Cotton Doubts

Walmart stopped selling Welspun's bedsheets and offered refunds after the company couldn't guarantee they were 100% Egyptian cotton. This incident highlighted the lack of supply chain transparency and quality control issues in the textile industry, raising consumer doubts about the authenticity of “Egyptian cotton” products. Retailers need to strengthen supply chain management to ensure product quality and rebuild consumer trust. The case underscores the importance of rigorous verification processes and traceability in the global textile market.

02/04/2026 Logistics Industry Insights
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Corrugated Cardboard Boxes Thrive in Modern Supply Chains

Corrugated Cardboard Boxes Thrive in Modern Supply Chains

Corrugated boxes play a crucial role in complex supply chains due to their excellent protection, flexible design, and sustainable materials. This paper delves into the structural advantages and environmental characteristics of corrugated boxes, revealing their enduring value as a cornerstone of the supply chain. It explores how they contribute to reducing the environmental footprint of businesses by utilizing recyclable and biodegradable materials. The analysis highlights the ongoing importance of corrugated packaging in achieving sustainable supply chain management.

02/04/2026 Logistics Industry Insights
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WCO Strengthens Asiapacific Plastic Waste Rules Aids Indonesia and Philippines

WCO Strengthens Asiapacific Plastic Waste Rules Aids Indonesia and Philippines

The World Customs Organization (WCO) launched the Asia Pacific Border Management Waste Project to strengthen customs control over plastic waste in the Asia Pacific region. Through virtual diagnostic missions to Indonesia and the Philippines, the WCO will provide tailored implementation plans and regional workshops to address the challenges posed by the Basel Convention's Plastic Waste Amendments. This initiative aims to collectively combat global plastic pollution by enhancing customs' capacity to monitor and manage transboundary movements of plastic waste.

02/05/2026 Customs Knowledge
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Peru Boosts Customs Oversight with Global Partnerships

Peru Boosts Customs Oversight with Global Partnerships

Peru Customs, with support from the SECO-WCO Global Trade Facilitation Programme, held a virtual forum focusing on optimizing customs valuation risk management. Participating countries shared experiences and discussed database construction, value verification processes, and private sector engagement. Based on this, Peru Customs developed an action plan to strengthen value verification and deepen cooperation with the private sector. The World Customs Organization will continue to provide support to enhance transparency and predictability in cross-border trade.

02/05/2026 Customs Knowledge
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Azerbaijan Customs Launches AI Tool to Streamline Trade

Azerbaijan Customs Launches AI Tool to Streamline Trade

Azerbaijan Customs has independently developed the AI-HS tool, which significantly improves the efficiency and accuracy of customs operations. This is achieved through high-precision HS code prediction, multilingual support, ChatGPT integration, tariff rate calculation, and risk management integration. The tool contributes positively to trade facilitation and regulatory compliance. Its success is being emulated by other countries, with potential for global application. It leverages data-driven insights to streamline processes and enhance decision-making within customs procedures.

02/05/2026 HS Code Query
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Gambia Revenue Authority Streamlines Trade to Spur Economic Growth

Gambia Revenue Authority Streamlines Trade to Spur Economic Growth

The Gambia Revenue Authority is collaborating with the World Customs Organization to optimize customs operations and strengthen trade facilitation measures through the implementation of performance assessment mechanisms. These measures include Authorized Economic Operator (AEO) programs and coordinated border management. The goal is to enhance the national performance assessment system and promote economic development in The Gambia. This collaborative effort aims to improve customs efficiency and effectiveness, ultimately contributing to a more streamlined and competitive trade environment.

02/05/2026 Customs Knowledge
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