Evergreen Marine Revenue Tops 1B Amid Soaring Shipping Rates

Evergreen Marine Revenue Tops 1B Amid Soaring Shipping Rates

Evergreen Marine's Q3 revenue exceeded NT$100 billion for the first time, reaching a record high, driven by persistently high container freight rates and increased capacity. Analysts suggest that factors such as restocking demand in Europe and the US, low container turnover rates, increased proportion of European routes, and long-term contract protection are expected to support Evergreen Marine's operational performance in 2022. The strong performance reflects the continued strength of the shipping market despite global economic uncertainties.

02/11/2026 Logistics
Read More
Roadrunner Acquires Rich Logistics for 48M to Expand Usmexico Crossborder Operations

Roadrunner Acquires Rich Logistics for 48M to Expand Usmexico Crossborder Operations

RRTS (Luluda Transportation Group) acquired Ruichi Logistics for $48 million, aiming to expand its complete vehicle transportation business and broaden its US-Mexico cross-border freight corridor. Ruichi Logistics possesses strengths in cross-border transportation and the automotive industry, which is expected to enhance RRTS's profitability. This acquisition is part of RRTS's aggressive expansion strategy but also faces challenges such as integration and market competition. The deal is expected to strengthen RRTS's position in the North American market.

02/11/2026 Logistics
Read More
Argentinas Postal Reform Boosts Smart Logistics

Argentinas Postal Reform Boosts Smart Logistics

The re-regulation of Argentina's postal service presents opportunities for cross-border logistics but also challenges like parcel consolidation, information delays, complex customs clearance, and diverse customer needs. Freight consolidation systems, through intelligent sorting, real-time tracking, customs clearance assistance, and personalized services, help companies improve efficiency, reduce costs, and optimize customer experience. They are becoming crucial for the intelligent upgrade of cross-border logistics, streamlining operations and enhancing overall service quality in the Argentinian market.

02/11/2026 Logistics Industry Insights
Read More
Rail Industry Faces Policy and Supply Chain Challenges AAR

Rail Industry Faces Policy and Supply Chain Challenges AAR

AAR President Ian Jefferies provides an in-depth analysis of the policy, market, and supply chain challenges facing the rail transportation industry. He examines the impact of the Infrastructure Investment and Jobs Act and executive orders, dissects the current state and trends of rail freight and intermodal transport, and offers recommendations for addressing global supply chain issues. The article aims to help businesses seize future opportunities in rail transportation, optimize supply chain layouts, and improve operational efficiency.

02/11/2026 Logistics Industry Insights
Read More
Biden Panel Moves to Prevent Rail Strike Supply Chain Disruption

Biden Panel Moves to Prevent Rail Strike Supply Chain Disruption

The U.S. Presidential Emergency Board (PEB) issued recommendations to resolve the labor dispute between railroad companies and unions, aiming to prevent supply chain disruptions. The recommendations include wage increases, improved benefits, and contract re-bidding. Both parties must reach an agreement by September 16th to avoid a potential strike that could significantly impact the U.S. economy. Failure to reach an agreement poses a risk of widespread economic consequences due to the vital role railroads play in freight transport.

02/11/2026 Logistics Industry Insights
Read More
Private LTL Firms Outperform Public Rivals Amid Market Split

Private LTL Firms Outperform Public Rivals Amid Market Split

In 2012, private LTL companies outperformed state-owned enterprises in profitability due to limitations faced by the latter. The market experienced a balance between supply and demand, leading to increased freight rates. Future success requires innovative service offerings. Shippers need to comprehensively evaluate carriers. Data analysis is crucial for optimizing operational efficiency and improving overall performance in the evolving LTL landscape. This will help to gain a competitive advantage and meet the changing needs of customers.

02/11/2026 Logistics Industry Insights
Read More
SWIFT Codes Essential for Global Money Transfers

SWIFT Codes Essential for Global Money Transfers

This article provides a detailed analysis of the importance of SWIFT codes in international remittances, specifically the LNCBLYLT069 code of the Libyan National Commercial Bank. It emphasizes the impact of using the correct SWIFT code on fund security and offers considerations and suggestions for safe remittance practices.

08/12/2025 International Settlement
Read More
Guide Converting 10000 Sudanese Pounds to US Dollars

Guide Converting 10000 Sudanese Pounds to US Dollars

This article provides detailed exchange rate information for converting 10,000 Sudanese pounds (SDG) to US dollars (USD), helping readers understand best practices for currency conversion and exchange rate fluctuations. It features professional analysis, showcasing effective foreign exchange trading strategies and service options suitable for large transfers.

08/27/2025 Exchange Rate Query
Read More