Datadriven Strategies Tackle Freight Market Volatility

Datadriven Strategies Tackle Freight Market Volatility

The freight market is volatile, and 2020 may see further tightening. The Transfix white paper, 'Get Ahead,' uses data analysis and shipper surveys to reveal market trends and response strategies. It emphasizes leveraging data to improve market visibility and drawing on historical experience to help shippers maintain competitiveness and achieve cost reduction and efficiency gains amidst market fluctuations. The white paper provides actionable insights for shippers to navigate the changing landscape and optimize their logistics operations.

02/04/2026 Logistics Industry Insights
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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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Shopee Mall Sellers Guide to Streamlining Returns Cutting Losses

Shopee Mall Sellers Guide to Streamlining Returns Cutting Losses

This article provides an in-depth analysis of the Shopee Mall return and refund mechanism, offering a comprehensive practical guide covering buyer return reasons, platform processing flows, and seller response strategies. It emphasizes the importance of data analysis to help sellers optimize the return process, reduce losses, and improve customer satisfaction, ultimately leading to increased store performance. The guide aims to equip sellers with the knowledge and tools necessary to effectively manage returns and refunds within the Shopee ecosystem.

02/05/2026 Logistics Encyclopedia
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Trail Cameras Expand Wildlife Research Beyond Hunting

Trail Cameras Expand Wildlife Research Beyond Hunting

Hunting cameras have evolved beyond traditional hunting, becoming vital tools for wildlife research, environmental protection, and agricultural monitoring. They operate based on motion-triggered activation, rapid response, and image storage. Lens design emphasizes high sensitivity, fast focusing, and environmental adaptability. Large memory capacity ensures extended monitoring periods, providing strong support for scientific research and environmental conservation efforts. These cameras offer valuable data for understanding animal behavior, population dynamics, and ecosystem health, contributing significantly to informed conservation strategies.

02/05/2026 Logistics Encyclopedia
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Key Habits for Success in Global Trade

Key Habits for Success in Global Trade

Experienced foreign trader Lucy shares ten golden habits for success in international trade, including timely response, accurate quotation, strict commitment, professional interpretation, continuous follow-up, honest communication, logical clarity, review and summary, valuing small orders, and adhering to long-term thinking. These habits not only improve efficiency but also build customer trust and contribute to a thriving foreign trade business. By consistently applying these principles, traders can foster strong relationships and achieve sustainable growth in the competitive global market.

02/05/2026 Customs Knowledge
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Tilted Cargo Ship Rescued in Suez Canal Traffic Unaffected

Tilted Cargo Ship Rescued in Suez Canal Traffic Unaffected

The Suez Canal Authority (SCA) successfully rescued the tilted cargo ship "FENER", ensuring the canal's navigation remained unobstructed. The incident occurred outside the navigation channel and did not affect normal shipping traffic. The SCA's swift action ensured the safety of the crew and highlighted its crucial role in global shipping safety. This rapid response demonstrates the SCA's commitment to maintaining the smooth flow of maritime traffic through this vital waterway and underscores its preparedness for handling maritime emergencies.

02/06/2026 Logistics
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Liberia WCO Boost Customs Efficiency for Humanitarian Aid

Liberia WCO Boost Customs Efficiency for Humanitarian Aid

The World Customs Organization (WCO), in collaboration with the UN Office for the Coordination of Humanitarian Affairs (OCHA), conducted a mission to Liberia to enhance the country's customs capacity and facilitation in responding to epidemics and natural disasters. By assessing needs, strengthening cooperation, and developing standard operating procedures, the mission laid the groundwork for improving Liberia's humanitarian relief system. This initiative highlights the importance of international collaboration in bolstering disaster preparedness and response capabilities within the customs framework.

02/06/2026 Customs Knowledge
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Global Trade Relies on Cargo Insurance Amid Rising Risks

Global Trade Relies on Cargo Insurance Amid Rising Risks

This article provides a comprehensive analysis of cargo insurance under various modes of transportation. It offers detailed guidance for businesses navigating global trade, covering pre-insurance preparation, policy selection, post-loss response, and the preparation of claim documents. Choosing the right cargo insurance is crucial for safeguarding business interests and ensuring stable development. This guide aims to equip businesses with the knowledge needed to effectively mitigate risks associated with international shipping and protect their valuable assets throughout the supply chain.

08/21/2025 Logistics Encyclopedia
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Freight Forwarding Best Practices for Shipping Agents

Freight Forwarding Best Practices for Shipping Agents

This paper focuses on key aspects of freight forwarding operations, including shipping agent selection, manifest processing, document workflows, information from shipping company document centers, and emergency response. It aims to help freight forwarding professionals improve efficiency, reduce risks, and provide practical guidance. The paper details best practices and considerations for each stage of the process, offering actionable insights to optimize operations and minimize potential disruptions. This serves as a valuable resource for both novice and experienced professionals in the freight forwarding industry.

08/22/2025 Logistics Encyclopedia
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Guide to Streamlining Export Customs Compliance

Guide to Streamlining Export Customs Compliance

This article provides a detailed analysis of each step in the export customs declaration process. It covers aspects such as preparing customs declaration documents, pre-entry and verification of customs declaration forms, electronic port declaration, customs document review and response, printing formal customs declaration forms, organizing and submitting customs declaration forms, on-site declaration and acceptance, tax assessment and payment, tax bill verification, inspection, release, and customs clearance. The aim is to help companies efficiently and compliantly complete customs clearance procedures.

09/26/2025 Customs Knowledge
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