Gates Backs Convoys 62M Funding to Rival Uber Freight

Gates Backs Convoys 62M Funding to Rival Uber Freight

Freight software company Convoy secured $62 million in funding led by Bill Gates, positioning itself as a challenger to Uber Freight. Convoy leverages technology to optimize freight processes and reduce empty miles, attracting clients like Unilever. The U.S. freight market is vast but inefficient, and companies like Convoy are driving digital transformation within the industry, aiming for more efficient, transparent, and sustainable transportation. This investment highlights the growing interest in tech-driven solutions to modernize the logistics sector and address its inherent inefficiencies.

01/29/2026 Logistics Industry Insights
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Retailers Adopt Strategic Operations to Counter Decline

Retailers Adopt Strategic Operations to Counter Decline

Retailers should develop private labels, optimize supply chains, and digitize operations to cope with the impact of e-commerce. Differentiated competition is key to meeting consumer needs and avoiding bankruptcy. This involves focusing on unique product offerings and efficient delivery systems. Adapting to the changing retail landscape through strategic investments in technology and brand development is crucial for long-term survival and success. Ultimately, understanding and catering to evolving customer preferences will determine which retailers thrive in the modern market.

01/29/2026 Logistics Industry Insights
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Logistics Firms Weigh Express Carriers Vs Freight Forwarders

Logistics Firms Weigh Express Carriers Vs Freight Forwarders

In international logistics, express companies and freight forwarders each have their advantages. Express companies offer fast, door-to-door service via their own networks, suitable for small, high-value goods. Freight forwarders integrate resources, specializing in large shipments and multimodal transport, providing customized solutions. Choosing between them requires considering factors like cargo type, time sensitivity, cost, and customs clearance needs. Be wary of low-price traps, verify qualifications, and purchase insurance to mitigate risks and achieve efficient and secure international transportation.

01/29/2026 Logistics Encyclopedia
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Thailand Tightens Share Transfer Rules for 2025 Compliance

Thailand Tightens Share Transfer Rules for 2025 Compliance

This article focuses on share transfers in Thai companies in 2025, analyzing key compliance points and the regulatory environment. It compares the responsibilities of three major institutions and evaluates the advantages and disadvantages of leading service providers. The emphasis is on choosing a service provider with both a global perspective and deep local expertise, building a 'many-to-one' professional service system to ensure efficient and compliant transfer processes. This approach lays a solid foundation for companies investing in Thailand.

01/29/2026 Customs Knowledge
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Guide to Joom Compliance for Crossborder Sellers

Guide to Joom Compliance for Crossborder Sellers

This article focuses on product compliance and efficient listing on the Joom cross-border e-commerce platform. It details the platform's requirements for different product types and provides practical tips to optimize product information, utilize CSV files for bulk operations, and flexibly manage product statuses. These strategies aim to help sellers improve operational efficiency and avoid compliance risks on the Joom platform. By understanding and implementing these guidelines, sellers can enhance their performance and ensure a smooth and successful experience on Joom.

01/30/2026 Customs Knowledge
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California Pioneers US Transportation Infrastructure Reform

California Pioneers US Transportation Infrastructure Reform

California is leading a transformation to reshape US transportation infrastructure through the bipartisan H.R. 3001 bill. This initiative invests in freight networks, addresses aging infrastructure, and enhances economic competitiveness. The bill establishes a Freight Transportation Infrastructure Trust Fund, providing states with funding to meet growing infrastructure demands. Building upon the success of the FAST Act, this legislation aims to lay a foundation for the future of the American economy by improving critical transportation networks and supporting efficient movement of goods.

01/30/2026 Logistics Industry Insights
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Intel Adopts AI for Inventory Management Replacing Traditional Methods

Intel Adopts AI for Inventory Management Replacing Traditional Methods

Intel successfully transitioned its inventory management from relying on 'rules of thumb' to a data-driven approach by introducing a 'multi-echelon inventory optimization' algorithm model. This significantly reduced inventory investment and improved demand fulfillment rates. The model automates inventory target calculations, freeing up planners to focus on more complex issues. Intel's practice provides valuable insights for other companies, demonstrating the immense potential of algorithms in optimizing inventory management. This shift led to more efficient resource allocation and improved overall supply chain performance.

01/29/2026 Logistics Industry Insights
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Doortodoor Shipping How to Avoid Hidden Fees

Doortodoor Shipping How to Avoid Hidden Fees

This article provides an in-depth analysis of the cost structure of DDP (Delivered Duty Paid) sea freight, revealing the true boundaries of the 'all-inclusive' concept. It offers practical guidance to help cross-border sellers avoid common pitfalls when choosing DDP shipping. The aim is to empower sellers to make informed decisions, avoid hidden fees, and achieve a worry-free and efficient sea freight experience. It helps to understand the real cost and avoid unexpected charges during the whole process.

01/29/2026 Logistics Encyclopedia
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Saddle Creek Expands Ecommerce Fulfillment in Kentucky

Saddle Creek Expands Ecommerce Fulfillment in Kentucky

Anxi Logistics has opened a new e-commerce fulfillment center in Walton, Kentucky, aimed at enhancing its omnichannel supply chain service capabilities. Strategically located and equipped with advanced facilities, the center offers comprehensive value-added services. This will enable Anxi Logistics to better serve its customers, meet the rapidly growing demands of the e-commerce market, and further expand its national network footprint. The new center represents a significant investment in Anxi's commitment to providing efficient and reliable logistics solutions for its clients.

01/29/2026 Logistics
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Yacang Gains Tiktok Shop Nod for Datadriven Warehousing

Yacang Gains Tiktok Shop Nod for Datadriven Warehousing

Yacang Overseas Warehouse has been awarded the TikTok Shop Quality Service Provider Award, recognized for its efficient fulfillment and comprehensive support. Moving forward, Yacang aims to deepen its collaboration with TikTok Shop, expand its warehousing capabilities, and further empower seller growth in the cross-border e-commerce landscape. This partnership focuses on providing reliable and scalable solutions for businesses utilizing the TikTok Shop platform, ensuring smooth operations and enhanced customer satisfaction. The award underscores Yacang's commitment to excellence in overseas warehousing services.

01/30/2026 Warehousing
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