Fedex Freight to Spin Off Under Smith and Martins Leadership

Fedex Freight to Spin Off Under Smith and Martins Leadership

FedEx plans to spin off its less-than-truckload (LTL) freight division into an independent publicly traded company by June 2026. John A. Smith has been appointed President and CEO, and R. Brad Martin will serve as Chairman of the Board. This move aims to unlock shareholder value, improve operational efficiency, and allow both companies to maintain commercial operations and technology collaboration. Post-separation, FedEx Freight will become a leading pure-play LTL carrier with the most extensive network.

Fedex Freight Spins Off As Smith and Martin Take Helm

Fedex Freight Spins Off As Smith and Martin Take Helm

FedEx plans to spin off its less-than-truckload (LTL) freight subsidiary, FedEx Freight, in 2026, appointing John A. Smith as President and CEO and R. Brad Martin as Chairman of the Board. This move aims to unlock shareholder value and enhance the operational efficiency and strategic focus of both companies. Analysts believe that an independent FedEx Freight will face cost structure adjustments, but also has the potential for growth due to its market position and priority services.

01/20/2026 Logistics
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New Russia Export Rules for Readytoeat Foods Explained

New Russia Export Rules for Readytoeat Foods Explained

Russia is implementing new regulations for ready-to-eat food, imposing stricter requirements on product identification, packaging labeling, and microbiological contamination control. This guideline is expected to become mandatory contractual terms starting in 2026. Cross-border e-commerce sellers need to pay close attention to ensure their products comply with Russian standards to avoid export obstacles. Compliance with these new regulations is crucial for maintaining access to the Russian market and preventing potential disruptions to supply chains.

Charles River Labs Buys KF Cambodia to Bolster Supply Chain

Charles River Labs Buys KF Cambodia to Bolster Supply Chain

Charles River Laboratories is acquiring K.F. (Cambodia) Ltd, a Cambodian supplier, for $510 million. This acquisition aims to strengthen control over the non-human primate supply chain, reduce operational costs, and effectively mitigate potential risks related to biosecurity and legal compliance. The transaction is expected to close in early 2026. The acquisition demonstrates Charles River's commitment to securing its supply chain and mitigating risks associated with sourcing non-human primates, which are crucial for preclinical research and drug development.

Qingdao Expo to Boost Northern Chinas Metal Industry

Qingdao Expo to Boost Northern Chinas Metal Industry

The 2026 Qingdao International Metalworking Equipment Exhibition (JM) is a leading manufacturing event in the Bohai Bay region, showcasing cutting-edge metalworking technologies and equipment from around the world. The exhibition will feature six themed zones covering the entire industry chain, including metal cutting, forming, automation, casting and heat treatment, new materials, and functional components. JM focuses on the Northern China market, helping companies expand business opportunities and promote the upgrading of intelligent manufacturing in the region.

Latin America Ecommerce Summit Focuses on Crossborder Growth

Latin America Ecommerce Summit Focuses on Crossborder Growth

The Latin American e-commerce market is projected to exceed $200 billion by 2026, presenting significant potential. This summit, a collaboration between Mercado Libre and Dashu Cross-border in Qingdao, addresses challenges faced by businesses entering the Latin American market, such as information asymmetry, resource fragmentation, and difficulties in transformation. Through policy interpretation, practical guidance, and resource connections, it aims to empower Chinese enterprises to seize the opportunities in the burgeoning Latin American e-commerce landscape.

New Zealand Seeks Meat Fiber to Counter Dairy Slump

New Zealand Seeks Meat Fiber to Counter Dairy Slump

New Zealand's commodity market faces contrasting fortunes. The dairy industry suffers from a global oversupply, leading to price declines. Conversely, meat and fiber prices are surging, reaching record highs. Volatile New Zealand dollar exchange rates exacerbate domestic market pressures. Despite dairy weakness, the domestic economy shows signs of recovery. New Zealand needs diversification, strengthening dairy competitiveness, expanding into emerging markets, and actively developing its meat and wool industries to address market challenges and achieve economic breakthrough by 2026.

Dinzhi Tech Boosts Smart Manufacturing with Custom Motion Control

Dinzhi Tech Boosts Smart Manufacturing with Custom Motion Control

Dingzhi Technology, a precision motion control solution provider, offers customized solutions for industrial automation, medical equipment, new energy vehicles, and robotics through independent R&D and global presence. The company will participate in the 2026 Robotics All-Industry Chain Connection Fair and actively build a one-stop service platform to promote collaborative innovation across the industry chain. Dingzhi Technology is committed to enhancing China's position in the global robotics market by providing advanced motion control technologies and comprehensive support.

Wenzhou Leather Fair Signals Chinas Shift to Smart Shoe Manufacturing

Wenzhou Leather Fair Signals Chinas Shift to Smart Shoe Manufacturing

The 2026 Wenzhou International Leather Exhibition is a professional trade fair for the entire shoe and leather industry chain. It gathers over 700 domestic and international enterprises, showcasing leather, shoe materials, shoe machinery, and related products. The exhibition will also feature the Shoe Industry Intelligent Manufacturing and Fashion Design Summit, discussing industry transformation and upgrading. Leveraging its industrial chain advantages and digital development, Wenzhou aims to build a "World Shoe Capital", bringing new business opportunities to exhibitors.

South Korea Mandates USBC to Cut Ewaste

South Korea Mandates USBC to Cut Ewaste

South Korea will mandate the USB-C interface standard for electronic devices by 2026, covering 13 types of devices including smartphones and tablets. This measure aims to reduce resource waste, protect consumer rights, and align with international standards. The new regulation will promote standardization and green development in the electronics industry, bringing a more convenient user experience to consumers. This move is expected to streamline charging solutions and minimize electronic waste by fostering a unified charging ecosystem.