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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UPS Cuts 30000 Jobs to Prioritize Freight Profitability

UPS Cuts 30000 Jobs to Prioritize Freight Profitability

Global logistics giant UPS announced a new round of layoffs, potentially cutting up to 30,000 operational roles. This move aims to streamline inefficient operations and focus on high-profit freight business. Through layoffs, facility closures, and business structure optimization, UPS seeks to maintain its position in a fiercely competitive market and achieve sustainable growth. The restructuring reflects UPS's strategic shift towards higher-margin areas and a more agile operational model in response to evolving market demands.

02/05/2026 Logistics Industry Insights
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Logistics Firms Compete for Yangtze River Economic Belt Growth

Logistics Firms Compete for Yangtze River Economic Belt Growth

The National Development and Reform Commission released the "Innovation-Driven Industrial Transformation and Upgrading Plan for the Yangtze River Economic Belt," signaling trillion-level investment opportunities. Logistics companies should seize this opportunity to participate in infrastructure construction, develop river-sea intermodal transport, promote smart logistics, and provide professional services around key industries. This will enable them to achieve transformation and upgrading, and share the development dividends of the Yangtze River Economic Belt.

09/26/2025 Logistics
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Realtime Pricing Transforms Global Air Cargo Sector

Realtime Pricing Transforms Global Air Cargo Sector

The air freight industry is undergoing a transformation driven by real-time pricing. Airlines are expected to optimize cargo consolidation through technology, improving yields and reducing costs. Traditional freight forwarders face transformation pressure, while tech-driven new forwarders will see development opportunities. Ultimately, shippers will benefit from more transparent and efficient air freight services. This shift promises a more dynamic and responsive market, empowering businesses with greater control and visibility over their air cargo operations.

12/30/2025 Logistics Industry Insights
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Global Airlines Adapt Strategies to Postpandemic Recovery

Global Airlines Adapt Strategies to Postpandemic Recovery

OAG's chief analyst converses with CAPA Chairman Emeritus Peter Harbison, analyzing the impact and transformation of the aviation industry due to the pandemic. Drawing upon 52 years of experience, Harbison emphasizes the importance of digital transformation, cost control, technology adoption, and collaboration. His insights offer valuable guidance for the aviation industry to navigate challenges and reshape its future, highlighting key strategies for recovery and long-term success in a rapidly evolving landscape.

01/07/2026 Logistics Industry Insights
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Ryder Expands Transport Solutions with Cardinal Logistics Buy

Ryder Expands Transport Solutions with Cardinal Logistics Buy

Ryder System's acquisition of Cardinal Logistics aims to solidify its leadership in North America's customized dedicated transportation sector. By integrating Cardinal's strengths, Ryder will expand its market share, enhance service capabilities, increase customer value, and drive digital transformation. This acquisition signals a profound transformation in the North American customized transportation landscape. The deal allows Ryder to offer more comprehensive solutions and reach a broader customer base, further strengthening its position in the competitive market.

01/20/2026 Logistics
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Madagascar Revamps HR to Strengthen Tax Revenue

Madagascar Revamps HR to Strengthen Tax Revenue

The Madagascar Revenue Authority (MRA), with support from the World Customs Organization (WCO), launched an HR modernization project. This initiative aims to enhance operational efficiency, optimize tax collection, and improve employee engagement by building a competency-based HR management system. The MRA will focus on developing a highly skilled and professional tax workforce through competency models, digital empowerment, and cultural transformation. This transformation will enable the MRA to contribute more significantly to Madagascar's economic development.

01/26/2026 Customs Knowledge
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3pls Drive Goodstoperson Tech Adoption for Warehouse Gains

3pls Drive Goodstoperson Tech Adoption for Warehouse Gains

Goods-to-person technology is revolutionizing the picking process, making third-party logistics a key to transformation. 3PLs like DHL Supply Chain leverage their technological advantages, expertise, and comprehensive support to help businesses evaluate solutions, select technologies, optimize designs, manage implementation, and continuously improve. This accelerates digital transformation, enhances warehouse efficiency, and boosts competitiveness. By partnering with 3PLs, companies can navigate the complexities of warehouse automation and achieve significant improvements in their supply chain operations.

01/29/2026 Logistics Industry Insights
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Firms Adopt Digital Supply Chain Strategies for Competitive Edge

Firms Adopt Digital Supply Chain Strategies for Competitive Edge

Digital supply chain transformation is crucial for businesses to thrive. The retail industry faces numerous challenges and must develop comprehensive strategies. Successfully leveraging technology, cultivating talent, and continuously optimizing processes are essential for gaining a competitive edge. A well-executed digital transformation enables retailers to enhance efficiency, improve responsiveness, and deliver superior customer experiences. This strategic shift is no longer optional but a necessity for long-term success in today's rapidly evolving market landscape.

02/04/2026 Logistics Industry Insights
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Inovance Tech Advances Smart Manufacturing Via Automation

Inovance Tech Advances Smart Manufacturing Via Automation

INVT focuses on the industrial automation field, driving manufacturing transformation and upgrading with self-developed core technologies. The company has built five core technology systems, and its products are widely used in industries such as elevators, cranes, and machine tools. INVT is also actively expanding into emerging fields such as new energy vehicles and industrial robots. Through globalization strategies and digital transformation, INVT is striving to become a leading global provider of industrial automation solutions.

02/03/2026 Logistics Industry Insights
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