XPO Logistics Sells Intermodal Unit for 710M to Streamline

XPO Logistics Sells Intermodal Unit for 710M to Streamline

XPO Logistics sold its intermodal business to STG Logistics for $710 million, aiming to focus on its core less-than-truckload (LTL) and freight brokerage businesses, optimize its capital structure, and enhance enterprise value. Through the acquisition, STG Logistics will build a more comprehensive logistics platform and enhance its container logistics competitiveness. This strategic adjustment reflects the increasing competition in the logistics industry, requiring companies to continuously adjust to adapt to market changes. The deal allows XPO to streamline operations and STG to expand its service offerings.

02/11/2026 Logistics
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US Rail Freight Growth Mixed As Carload Gains Offset Intermodal Losses

US Rail Freight Growth Mixed As Carload Gains Offset Intermodal Losses

The US rail freight market in September 2021 saw a mixed performance with increased carload traffic but a decline in intermodal volume. Carload shipments of coal and metallic ores showed significant growth, while automobiles & parts and grain decreased. Cumulative data for the year remained strong. Key factors for future development include digital transformation, infrastructure development, expansion of service offerings, and a focus on sustainability. These strategies are crucial for adapting to evolving market demands and ensuring the long-term viability of the rail freight industry.

02/11/2026 Logistics
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US Freight Rail Industry Adapts to Economic Shifts for Growth

US Freight Rail Industry Adapts to Economic Shifts for Growth

The RailTrends conference focuses on the challenges facing the rail freight industry, including labor negotiations, service, and regulation. The report highlights labor relations, analyzes the role of the Surface Transportation Board (STB), and provides a forward-looking perspective on the industry's future development. Key topics include navigating the complexities of labor agreements, understanding the impact of regulatory policies on operations, and adapting to evolving market demands within the freight sector. The conference aims to equip stakeholders with insights to address these challenges and foster sustainable growth.

02/11/2026 Logistics Industry Insights
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Nigeria Customs Adopts WCO System to Boost Trade Efficiency

Nigeria Customs Adopts WCO System to Boost Trade Efficiency

With WCO support, the Nigeria Customs Service upgraded its Post Clearance Audit (PCA) system, strengthening risk management, optimizing trader segmentation, and supporting the implementation of the Authorized Economic Operator (AEO) program. This initiative aims to enhance trade efficiency and promote economic prosperity. Emphasizing data-driven customs management, the project offers valuable lessons for other developing countries looking to modernize their customs operations and improve trade facilitation measures. The focus on risk-based approaches and data analysis is key to achieving tangible improvements in customs performance.

01/20/2026 Customs Knowledge
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ISAGO Certification Enhances Ground Handling Safety and Efficiency

ISAGO Certification Enhances Ground Handling Safety and Efficiency

This article provides an in-depth analysis of IATA's ISAGO certification, aiming to help ground handling service providers understand its value and prepare for a successful audit. It covers ISAGO standard interpretation, detailed certification processes, key audit preparation points, safety management system construction, a detailed explanation of each GOSM chapter, and post-audit improvement measures. Through this learning, companies can improve operational efficiency, reduce safety risks, and enhance market competitiveness. It serves as a practical guide to navigating the complexities of ISAGO compliance and achieving operational excellence.

01/20/2026 Logistics Encyclopedia
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Airlines Adapt Financial Strategies Amid Postpandemic Recovery

Airlines Adapt Financial Strategies Amid Postpandemic Recovery

At the IATA World Air Transport Summit, CFOs from Vietjet Air and JetBlue shared their financial management experiences during the pandemic, emphasizing the importance of "cash is king." Airlines responded to the crisis by raising funds, cutting expenses, and reshaping their balance sheets. Fuel hedging strategies varied among companies. The pandemic prompted the aviation industry to reflect and transform, requiring enhanced cooperation in the future to promote sustainable development and improve service quality. Managing cash flow effectively proved crucial for survival and navigating the unprecedented challenges.

01/20/2026 Logistics Industry Insights
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Peru Ends Mask Rule for Domestic Flights to Aid Tourism

Peru Ends Mask Rule for Domestic Flights to Aid Tourism

Peru has lifted the mandatory mask mandate on domestic flights, aligning with a global trend. This move eliminates operational hurdles, promotes connectivity, and boosts the tourism industry. By optimizing the service experience and restoring industry confidence, it injects new momentum into economic recovery. The aviation industry will continue to prioritize safety, providing passengers with a secure, convenient, and comfortable travel experience. The removal of the mask mandate is expected to further stimulate travel demand and contribute to the overall revitalization of the Peruvian economy.

01/20/2026 Logistics Industry Insights
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Global Guide to Fuel Efficiency Standards Unveiled

Global Guide to Fuel Efficiency Standards Unveiled

This tool provides an online fuel efficiency unit conversion service, supporting quick conversion between units such as kilometers per liter, liters per 100 kilometers, miles per US gallon, and miles per Imperial gallon. It aims to solve the unit conversion problems encountered by users in cross-border trade, vehicle performance evaluation, and fuel cost control, thereby improving efficiency and decision-making quality. This tool is designed to provide a convenient and accurate solution for anyone dealing with fuel efficiency calculations across different measurement systems.

01/20/2026 Logistics Encyclopedia
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Albaniachina Ecommerce Platform Launches Realtime Lekrmb Conversion

Albaniachina Ecommerce Platform Launches Realtime Lekrmb Conversion

Dashu Cross-border offers an Albanian Lek to Chinese Yuan currency conversion tool and a one-stop cross-border e-commerce solution. This includes multimedia marketing, AI assistants, currency exchange tools, cross-border information inquiries, operational tools, unit conversions, and text processing. It empowers sellers to efficiently expand into global markets by providing comprehensive support for various aspects of their business, from marketing and customer service to financial management and data analysis. The platform aims to streamline the entire cross-border e-commerce process.

01/20/2026 Exchange Rate Query
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Averitt Expands Charleston Hub to Boost Port Efficiency

Averitt Expands Charleston Hub to Boost Port Efficiency

Averitt Express is expanding its Charleston logistics facility with new warehouse space and parking to address growing port freight volumes and improve logistics efficiency. By optimizing the supply chain, providing one-stop services, and leveraging its own assets, Averitt Express aims to offer customers more efficient and convenient logistics solutions and solidify its position in a key logistics hub. The expansion allows Averitt to better handle increased cargo flow and streamline operations, ultimately benefiting its customers with faster and more reliable service within the Charleston port region.

01/20/2026 Logistics
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