RXO Rises As Major Truck Brokerage Firm Postxpo Spinoff

RXO Rises As Major Truck Brokerage Firm Postxpo Spinoff

RXO officially launched after a successful spin-off from XPO Logistics, marking the birth of a technology-driven, pure-play truck brokerage company. The company focuses on organic growth, leveraging technological innovation and efficient operations to expand market share in a competitive market. RXO aims to provide customers with faster and more cost-effective logistics solutions. The company will continue to monitor macroeconomic developments and flexibly adjust its market strategies to achieve sustainable growth.

01/15/2026 Logistics Industry Insights
Read More
Yellow Corp Bankruptcy Ends Centuryold Trucking Firm Shakes Industry

Yellow Corp Bankruptcy Ends Centuryold Trucking Firm Shakes Industry

Yellow Corp., a major US freight carrier, has ceased operations and is expected to file for bankruptcy due to debt, labor disputes, and management issues. This shutdown is sending shockwaves through the freight industry and impacting the job market. The company's financial struggles and contentious relationship with the Teamsters union ultimately led to its demise, leaving thousands unemployed and disrupting supply chains. The bankruptcy will likely reshape the competitive landscape of the trucking sector and potentially lead to higher shipping costs.

01/19/2026 Logistics Industry Insights
Read More
Crossborder Firm Daxue Enhances Refund Flexibility for Customer Engagement

Crossborder Firm Daxue Enhances Refund Flexibility for Customer Engagement

Dashu Cross-border offers flexible event refund settings. Merchants can customize refund deadlines in event management, allowing refunds until the event ends or within a specified number of days before the event concludes. Once the first user has paid, the refund settings cannot be changed. This provides a better user experience by offering control over refund policies and mitigating potential disputes related to event cancellations or changes. This feature is particularly useful for cross-border e-commerce events where refund policies need to be clearly defined.

01/20/2026 Customs Knowledge
Read More
Shanghai Firm Wins IATA Nod for Aviation Safety Training

Shanghai Firm Wins IATA Nod for Aviation Safety Training

Shanghai Anji Company recently received certification from the International Air Transport Association (IATA), covering the qualification of training institutions and valid until August 29, 2026. This marks a significant step for the company in the field of aviation safety training. It will contribute to the standardization and internationalization of aviation safety training in China, cultivate more qualified personnel for China's civil aviation industry, and ensure flight safety.

01/22/2026 Airlines
Read More
Chinese Firm Miao Di Innovates Traditional Medicine Patch Quality

Chinese Firm Miao Di Innovates Traditional Medicine Patch Quality

Henan Miao Di Health Industry Co., Ltd. specializes in the research and production of high-quality external application plasters and ointments. Since its establishment six years ago, the company has consistently adhered to quality as its core, driven by technological innovation and strict quality control. It is committed to upgrading plasters from "fast-moving consumer goods" to "durable goods", providing consumers with more lasting and effective health care.

01/22/2026 Logistics Industry Insights
Read More
Construction Firm Expands into Pet Food with Chongqing Plant

Construction Firm Expands into Pet Food with Chongqing Plant

A hundred-acre pet food base has commenced construction in Qijiang District, Chongqing, invested by a traditional construction company. This marks a step towards intelligent and high-end development in the region's pet industry. Chongqing is systematically planning for the pet economy, focusing on multiple dimensions from research and development and production to cross-border trade. The aim is to seize the initiative in the burgeoning pet economy market.

01/23/2026 Logistics Industry Insights
Read More
Trucking Firm Yellow Corp Files Bankruptcy Disrupts Logistics Sector

Trucking Firm Yellow Corp Files Bankruptcy Disrupts Logistics Sector

Yellow Corp., a century-old American trucking company and once the fifth largest, has officially declared bankruptcy, marking the end of its prominent era. Mismanagement, heavy debt, and conflicts with the Teamsters union were key factors leading to its downfall. This event will significantly impact the U.S. freight industry. Competitors will have the opportunity to seize market share, and shippers may face increased freight rates. The bankruptcy highlights the challenges facing traditional freight companies in a rapidly evolving logistics landscape.

01/28/2026 Logistics Industry Insights
Read More
Trade Tech Solutions Wins Awards for Prop Firm Innovation

Trade Tech Solutions Wins Awards for Prop Firm Innovation

Trade Tech Solutions is a leading provider of technology for Prop Firms. Their Version 4.0 introduces multi-layered risk management, an affiliate program, and a reward system. These enhancements are designed to improve efficiency and reduce risk for prop trading firms. The platform offers a comprehensive suite of tools and features tailored to the specific needs of proprietary trading operations, enabling them to optimize their performance and manage their portfolios effectively. With its advanced capabilities, Trade Tech Solutions empowers prop firms to achieve greater success in today's competitive market.

01/28/2026 Logistics Industry Insights
Read More
Hangzhou Factoring Firm Resolves Bill Dispute Amid Compliance Scrutiny

Hangzhou Factoring Firm Resolves Bill Dispute Amid Compliance Scrutiny

The Shanghai City State Factoring's overdue commercial acceptance bill event of 70 million yuan, although resolved, sparked discussions about the compliance of factoring companies using commercial acceptance bills to pay factoring consideration. This article analyzes the factoring business model and points out that factoring companies should focus on risk management and compliance operation to provide sound financial services for the real economy. It highlights the importance of adhering to regulations and managing potential risks associated with the use of commercial acceptance bills in factoring transactions.

02/03/2026 International Settlement
Read More
Hong Kong Firm Fined 160K for Undeclared Lithium Batteries

Hong Kong Firm Fined 160K for Undeclared Lithium Batteries

Hong Kong's Woodioso Technology was fined RMB 1.08 million by the FAA for failing to declare 30 lithium batteries, highlighting the importance of dangerous goods compliance. Lithium battery transportation is high-risk and requires strict adherence to IATA regulations and aviation authorities' rules. Companies should strengthen training, rigorously audit shipments, and choose compliant partners to prevent undeclared shipments, ensuring safety and sustainable development. Avoiding misdeclaration is crucial to prevent hefty fines and ensure the safe transport of lithium batteries.

02/03/2026 Logistics
Read More