Flexport Raises 11B to Expand Global Supply Chain Tech

Flexport Raises 11B to Expand Global Supply Chain Tech

Flexport secured $110 million in Series C funding led by DST Global, with participation from existing investors. The company aims to connect the global supply chain through technological innovation, offering increased transparency, more accurate data, and superior service. Flexport envisions building a seamless global trade ecosystem and is actively addressing competition from players like Amazon. Investors are confident in Flexport's future growth potential, driven by its technology-focused approach to streamlining international logistics and providing better visibility into the complexities of global trade.

01/20/2026 Logistics
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Trucking Conditions Improve but Recovery Still Slow FTR Index

Trucking Conditions Improve but Recovery Still Slow FTR Index

The latest FTR Trucking Conditions Index (TCI) indicates improvements in the trucking industry, but recovery faces challenges like excess capacity, high fuel costs, and driver shortages. The report emphasizes the need for continued capacity adjustments and efficiency improvements for the industry to survive and thrive in the competitive market. Market conditions are expected to continue improving in early next year. The industry needs to focus on streamlining operations and adapting to changing demands to achieve sustainable growth.

01/21/2026 Logistics Industry Insights
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North American Intermodal Volume Declines Amid Supply Chain Challenges

North American Intermodal Volume Declines Amid Supply Chain Challenges

The Intermodal Association of North America (IANA) reported a first decline in North American intermodal volumes in five years during Q3, impacted by supply chain disruptions and weather events. While the year-to-date volume for the first nine months still shows growth, challenges and opportunities persist. Collaborative efforts are needed to strengthen infrastructure, optimize networks, increase labor availability, improve equipment utilization, and promote digitalization. These actions are crucial for reshaping supply chain resilience in the face of ongoing uncertainties and fostering future growth in the intermodal sector.

01/27/2026 Logistics
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CH Robinson Aids Shippers During Peak Supply Chain Season

CH Robinson Aids Shippers During Peak Supply Chain Season

C.H. Robinson's President of Global Forwarding, Mike Short, shares strategies for navigating current supply chain challenges, emphasizing the importance of flexibility, diversification, and close collaboration. Faced with port congestion and capacity shortages, shippers should remain open-minded, actively seek alternative solutions, and work closely with partners to overcome difficulties. He highlights the need to adapt to changing market conditions and proactively manage potential disruptions to ensure smooth operations during peak season and beyond. This collaborative approach is key to mitigating risks and maintaining supply chain resilience.

01/30/2026 Logistics Industry Insights
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Cargolux Expands Xianeurope Air Cargo Routes

Cargolux Expands Xianeurope Air Cargo Routes

Cainiao Smart Logistics continues to increase its investment in Xi'an Airport, launching four new European cargo routes with a planned 366 flights annually. This is expected to handle over 15,000 tons of international air cargo per year. Through increased flights, establishing local operations, and continuous investment, Cainiao Smart Logistics is helping Xi'an build an international air hub, promoting Shaanxi's export-oriented economy, and sharing in the development opportunities of the Belt and Road Initiative.

11/03/2025 Logistics
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Walmart's New Chapter in the Chinese Market Strategy

Walmart's New Chapter in the Chinese Market Strategy

Walmart's sustained investment in the Chinese market highlights the significance of its global e-commerce strategy. By establishing multiple local offices, Walmart actively explores the potential of Chinese industrial hubs and supports local merchants in expanding into the global market. Alongside a significant increase in the number of active sellers, Walmart has launched new seller incentive programs.

06/26/2025 Logistics
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Kuala Lumpur to Beijing Flight Duration Revealed

Kuala Lumpur to Beijing Flight Duration Revealed

This article provides an in-depth analysis of the flight duration from Malaysia to Beijing, indicating that direct flights typically take 6.5 to 7.5 hours. It elaborates on various factors influencing flight time, including wind direction, weather conditions, aircraft type, route, and air traffic control. The article also lists airlines offering direct flights, aiming to provide travelers with a comprehensive travel reference. The information helps passengers plan their journey effectively and understand potential variations in flight times.

01/26/2026 Logistics Encyclopedia
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Sri Lankan Rupee Weakens to X Against US Dollar note Replace X with the Current Exchange Rate If Available Eg 033 or 1300 If Unspecified the Headline Focuses on the Trend Alternative if Emphasizing Stability sri Lankan Rup

Sri Lankan Rupee Weakens to X Against US Dollar note Replace X with the Current Exchange Rate If Available Eg 033 or 1300 If Unspecified the Headline Focuses on the Trend Alternative if Emphasizing Stability sri Lankan Rup

Currently, 100 Sri Lankan Rupees can be exchanged for approximately 0.33 USD. Understanding exchange rate dynamics and utilizing financial instruments are crucial for cross-border transactions. This article explores these topics and offers practical advice.

08/25/2025 Exchange Rate Query
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Porter and American Airlines Form Codeshare Pact for North America

Porter and American Airlines Form Codeshare Pact for North America

American Airlines and Porter Airlines are planning to establish a code-sharing agreement to enhance connectivity between the two countries and popular vacation destinations. This collaboration aims to provide travelers with more convenient options, which will contribute to increased market competitiveness and improved service quality.

08/06/2025 Airlines
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