Arkansas Best Acquires Pantherltl to Boost Performance

Arkansas Best Acquires Pantherltl to Boost Performance

Arkansas Best Corp. acquired Panther Expedited Services for $180 million, aiming to expand its high-end logistics services and diversify its business. This move is expected to optimize the customer base and improve profitability. However, it also faces integration risks, labor relations challenges, and intense market competition. Whether this acquisition will help ABC break through performance bottlenecks remains to be seen by the market. The success hinges on effective integration and navigating the competitive landscape.

01/20/2026 Logistics
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Trade War Uncertainty Weighs on Winter Freight Demand

Trade War Uncertainty Weighs on Winter Freight Demand

The US-led trade war introduces uncertainty into the freight economy, leading to decreased demand, supply chain disruptions, and increased costs. Businesses should diversify markets, optimize supply chains, improve efficiency, and strengthen risk management. Governments should stabilize policies, provide support, and enhance cooperation. The trade war has profound implications for global economic growth, inflation, and geopolitics. In the long term, it will reshape global supply chains, intensify technological competition, and alter international relations.

01/21/2026 Logistics Industry Insights
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UPS Teamsters Strike Deal to Raise Wages Avoid Strike

UPS Teamsters Strike Deal to Raise Wages Avoid Strike

UPS and the Teamsters union have reached a tentative five-year agreement aimed at improving employee wages and benefits, and fostering better labor relations. The new contract promises significant wage increases, improved treatment for part-time employees, and greater union influence in the face of technological changes. UPS hopes to win back lost customers and solidify its industry position with this agreement. However, the company still faces cost pressures and market fluctuations.

01/28/2026 Logistics
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Trumps Greenland Bid Trade Tensions Fuel Eurodollar Volatility

Trumps Greenland Bid Trade Tensions Fuel Eurodollar Volatility

Trump's 'island purchase' controversy intensified trade war concerns, weakening the US dollar. EUR/USD technical analysis reveals the pair faces resistance near a key trendline. Future movements are influenced by trade risks, monetary policy, and economic data. Traders should focus on US employment data and Eurozone PMI, while remaining vigilant of Trump's comments to seize trading opportunities in the Forex market. The dollar's weakness is directly linked to the increased uncertainty surrounding global trade relations.

01/28/2026 Exchange Rate Query
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China Eastern Airlines Adds Shanghaicopenhagen Direct Flight

China Eastern Airlines Adds Shanghaicopenhagen Direct Flight

Starting from July 17, China Eastern Airlines will launch flights from Shanghai to Copenhagen, operating three times a week using Airbus A330-200 aircraft. The introduction of this new route will provide convenient travel options for passengers while further promoting air connectivity between China and Europe.

04/28/2025 Airlines
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China Southern Launches Dualpreinspection Crossborder Cargo Station

China Southern Launches Dualpreinspection Crossborder Cargo Station

China Southern Airlines Logistics has launched the first 'Double Pre-Clearance' cargo station in the Guangzhou Baiyun Airport Free Trade Zone. This facility integrates civil aviation security and customs inspection, significantly improving cargo clearance efficiency and promoting the development of cross-border logistics in the Guangdong-Hong Kong-Macau Greater Bay Area.

08/04/2025 Logistics
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China Postal Airlines Expands Global Freight Routes

China Postal Airlines Expands Global Freight Routes

China Postal Airlines has increased the frequency of its 'Nanjing-Luxembourg' flight from once a week to twice weekly, significantly enhancing its international business capabilities. This move improves network density, reduces operational costs, and promotes the development of global cargo services.

08/04/2025 Airlines
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China Refrigeration Expo Promotes Green Industry Growth

China Refrigeration Expo Promotes Green Industry Growth

The China Refrigeration Expo, a leading industry event, gathers domestic and international companies to showcase innovative achievements in energy conservation, environmental protection, and intelligent control, driving the industry's green transition and high-quality development. Through technical seminars and summit forums, the expo explores industry trends, promotes green and environmentally friendly concepts, and helps achieve sustainable development. It serves as a platform for exchanging ideas and fostering collaboration towards a more sustainable and efficient refrigeration industry.

08/21/2025 Logistics
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China Updates Baggage Declaration Rules for Travelers

China Updates Baggage Declaration Rules for Travelers

This article provides a detailed guide on completing the "Customs Declaration Form for Inbound/Outbound Passengers of the People's Republic of China," emphasizing the importance of truthful declaration. It explains key points, common mistakes, and precautions for filling out the form, aiming to help travelers pass through customs smoothly and avoid unnecessary problems. The guide covers aspects like item descriptions, quantities, and values. It also mentions professional customs declaration and inspection services for complex situations, ensuring compliance and efficient processing of luggage and personal effects.

08/21/2025 Document Interpretation
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China Simplifies Customs Codes for Faster Clearance

China Simplifies Customs Codes for Faster Clearance

Provides a quick lookup for customs codes of major customs offices across China, assisting import/export companies, freight forwarders, and customs brokers to efficiently complete customs declarations and avoid delays and losses caused by incorrect codes. It details the codes corresponding to each customs agency, making it convenient for users to verify information.

08/21/2025 Customs Knowledge
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