XPO Sells 710M Intermodal Unit to STG Focuses on LTL and Brokerage

XPO Sells 710M Intermodal Unit to STG Focuses on LTL and Brokerage

XPO Logistics is selling its intermodal business to STG Logistics for $710 million, aiming to focus on less-than-truckload (LTL) and truck brokerage, creating two more explosive public companies. This move simplifies the business model and enhances the capital structure, drawing on the experience of the GXO Logistics spin-off. The separation is expected to be completed by the end of the year, transforming XPO into a pure-play LTL operator. This strategic divestiture allows XPO to concentrate its resources and expertise on its core strengths.

02/11/2026 Logistics
Read More
California Exports Rise Despite Global Economic Challenges

California Exports Rise Despite Global Economic Challenges

California's export trade has grown year-over-year for 21 consecutive months, with a 10.9% increase in July, far exceeding expectations. Key factors driving this growth include a diversified economic structure, innovation, and government support. Beacon Economics forecasts continued growth, but emphasizes the need to monitor global economic risks. California's experience suggests that innovation, diversification, and resilience are crucial drivers of economic growth, while supply chain restructuring is essential for addressing challenges. The state's performance offers valuable lessons for navigating the evolving global economic landscape.

02/11/2026 Logistics Industry Insights
Read More
Stanbic IBTC Bank SWIFT Code Eases Nigeria Transfers

Stanbic IBTC Bank SWIFT Code Eases Nigeria Transfers

This article provides a detailed analysis of the SWIFT code SBICNGLXXXX for Stanbic IBTC Bank in Nigeria. It explains the importance and usage scenarios of SWIFT codes, and offers methods for finding branch-specific SWIFT codes. Furthermore, it highlights key considerations for successful cross-border transfers. The aim is to assist readers in completing international remittances smoothly and avoiding delays or losses caused by incorrect SWIFT codes. The information aims to ensure a seamless and secure experience for users involved in international financial transactions with Stanbic IBTC Bank.

09/01/2025 International Settlement
Read More
Digital Twins Boost Supply Chain Efficiency in Logistics

Digital Twins Boost Supply Chain Efficiency in Logistics

Digital twins are reshaping supply chains by enabling visualization, predictive analytics, and enhanced collaboration. They optimize logistics and warehousing operations, ultimately improving customer experience. While challenges exist in implementation, the benefits include increased efficiency, improved decision-making, and enhanced resilience. The ability to create a virtual representation of the physical supply chain allows for real-time monitoring and proactive problem-solving, leading to a more agile and responsive supply network. This technology is crucial for navigating the complexities of modern global supply chains and gaining a competitive advantage.

09/28/2025 Logistics Industry Insights
Read More
Maersk Launches Online Bill of Lading Tracking for Cargo Efficiency

Maersk Launches Online Bill of Lading Tracking for Cargo Efficiency

This article provides a detailed guide on using Maersk's online Bill of Lading (B/L) tracking feature. It helps users understand how to track B/L status, check prepaid/collect freight payment information, and utilize the D/O-less mode to streamline cargo release. The guide focuses on explaining the tracking steps, status meanings, and offers frequently asked questions. The aim is to improve user experience and work efficiency by providing clear instructions and solutions for common issues related to Maersk's B/L tracking and D/O-less processes.

09/28/2025 Logistics Encyclopedia
Read More
Comparing Direct Stopover and Transfer Flight Options for Travelers

Comparing Direct Stopover and Transfer Flight Options for Travelers

This article provides an in-depth analysis of the definitions, characteristics, advantages, and disadvantages of direct flights, connecting flights, and stopover flights. It compares these three flight modes from multiple perspectives, including time, cost, and convenience, offering practical advice for choosing the most suitable option. Through case studies, the article helps readers understand the applicable scenarios for each flight mode, enabling them to make informed decisions when planning their trips. Ultimately, it aims to empower travelers to optimize their travel experience based on their individual needs and priorities.

09/26/2025 Logistics Encyclopedia
Read More
Beijing Customs Guide for Nonresidents Shipping Personal Items

Beijing Customs Guide for Nonresidents Shipping Personal Items

This article provides a detailed interpretation of the key points for customs clearance of personal effects via air freight in Beijing. It focuses on the customs clearance process for long-term non-resident passengers, including the required documents and specific operational steps at Beijing Customs. The aim is to help readers successfully complete customs clearance and avoid unnecessary troubles. It guides individuals through the process, ensuring a smoother experience when importing personal belongings through Beijing's air freight channels, particularly focusing on regulations and procedures specific to Beijing Customs.

09/26/2025 Customs Knowledge
Read More
Chinas Hami Model Boosts Coal Logistics Via Containerized Rail

Chinas Hami Model Boosts Coal Logistics Via Containerized Rail

This paper explores the advantages of rail container transportation in the coal industry, using the successful case of the Hami Freight Center of Urumqi Railway Bureau as a basis. It analyzes its experience in market expansion, full-process logistics services, information platform construction, equipment support and maintenance, and "point-to-point" fast freight trains. The Hami model provides valuable lessons for other regions, and rail container transportation has broad application prospects in the coal industry. The paper highlights the key elements contributing to the success of this model and its potential for wider adoption.

09/26/2025 Logistics
Read More
Chipotle Adopts RFID for Enhanced Food Safety in Supply Chain

Chipotle Adopts RFID for Enhanced Food Safety in Supply Chain

Chipotle Mexican Grill is fully deploying RFID technology to achieve end-to-end ingredient traceability from suppliers to restaurants. This initiative aims to enhance food safety, optimize inventory management, and improve brand image. Chipotle's experience provides valuable insights for other restaurant businesses, leading the restaurant industry towards a safer, more efficient, and transparent future. The implementation of RFID allows for real-time tracking and monitoring of ingredients, enabling quick identification and resolution of potential food safety issues. This proactive approach strengthens consumer trust and reinforces Chipotle's commitment to quality.

11/03/2025 Logistics
Read More
Schneider National Leverages Data After Baltimore Bridge Collapse

Schneider National Leverages Data After Baltimore Bridge Collapse

Following the Baltimore bridge collapse, Schneider National swiftly responded to shipper needs, turning the crisis into an opportunity through targeted marketing and flexible adjustments. The company not only strengthened existing customer relationships but also expanded into new business areas. This experience provided valuable crisis management insights, offering a model for other logistics companies. Schneider's proactive approach demonstrates the importance of adaptability and responsiveness in the face of unexpected disruptions to the supply chain, showcasing how a well-executed strategy can mitigate negative impacts and even foster growth during challenging times.

11/03/2025 Logistics Industry Insights
Read More