Under Armour Revamps Supply Chain to Drive Growth

Under Armour Revamps Supply Chain to Drive Growth

Under Armour is streamlining its supply chain through a multi-year distribution and logistics program aimed at improving cost-effectiveness, responsiveness, and service levels. Facing revenue declines and rising ocean freight costs, Under Armour is proactively taking steps, including streamlining SKUs, improving end-to-end planning capabilities, and enhancing supply chain visibility. These initiatives are designed to optimize operations, reduce costs, and ultimately enhance the brand's competitiveness in a challenging market environment.

01/30/2026 Logistics Industry Insights
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Flexport Shifts Strategy to Focus on Growth Profitability

Flexport Shifts Strategy to Focus on Growth Profitability

Logistics tech company Flexport plans layoffs as part of a strategic adjustment to address macroeconomic headwinds and management changes, focusing on growth and profitability. The company will optimize resource allocation to ensure customer service and operations. The founder's return aims to reshape the company's direction. This move highlights the need for businesses to review supply chain cost structures, strengthen communication with logistics partners, and leverage technology to improve efficiency and adapt to market changes, ultimately enhancing competitiveness.

01/30/2026 Logistics
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Chinauk Shipping Route Vital for Bilateral Trade Growth

Chinauk Shipping Route Vital for Bilateral Trade Growth

Sea routes between China and the UK are crucial channels connecting the two economies. These routes, approximately 20,000 kilometers long, take 30-45 days, passing through East Asia, Southeast Asia, the Indian Ocean, East Africa, and Western Europe. Key routes include Shanghai-London, Shenzhen-Felixstowe, and Ningbo-Southampton. Transportation methods involve container ships, Ro-Ro ships, and bulk carriers, transporting goods such as machinery, electronics, and textiles.

01/30/2026 Logistics Encyclopedia
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Eswatini Enhances Border Management to Facilitate Trade Growth

Eswatini Enhances Border Management to Facilitate Trade Growth

With the support of the World Customs Organization, Eswatini is enhancing trade facilitation by synergizing border management and data standardization, aiming to realize its vision of a 'seamless border'. This collaborative approach streamlines processes, reduces delays, and promotes efficient cross-border movement of goods. By aligning border procedures and standardizing data exchange, Eswatini is working towards a more integrated and competitive trading environment, contributing to economic growth and regional integration. The focus on data standardization ensures interoperability and improved data quality across different systems.

01/30/2026 Customs Knowledge
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Ghana Tightens IP Laws to Spur Economic Growth

Ghana Tightens IP Laws to Spur Economic Growth

The World Customs Organization (WCO) held an intellectual property (IP) workshop in Ghana to enhance the IP protection capabilities of Ghanaian customs officers, combat counterfeit goods, and promote Ghana's economic development. The workshop, through international cooperation, skills training, and practical exercises, injected new impetus into Ghana's IP protection efforts. It focused on strengthening customs officials' ability to identify and seize counterfeit goods, fostering collaboration between agencies, and raising awareness about the importance of IP rights. The goal was to create a more secure and competitive business environment in Ghana.

01/30/2026 Customs Knowledge
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Evergreen Marine Orders 32B LNG Fleet to Boost Green Shipping

Evergreen Marine Orders 32B LNG Fleet to Boost Green Shipping

Evergreen Marine has announced an investment of $3.245 billion to order 11 ultra-large 24,000 TEU LNG dual-fuel container ships in South Korea and China. This initiative aims to enhance energy diversification, leverage LNG technology advantages, and strengthen international competitiveness. This move marks a significant step for Evergreen Marine towards green shipping and will further expand its fleet size to adapt to the changing market demands.

08/04/2025 Logistics
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USD to GBP Exchange Rate Trends Key for Investors

USD to GBP Exchange Rate Trends Key for Investors

This article provides an in-depth analysis of the exchange rate dynamics between the US dollar and the British pound, with the current rate being 1 USD = 0.744239 GBP. Over the past year, there has been significant volatility in the exchange rate, and investors need to pay attention to how these changes impact international investments in order to optimize decision-making and reduce risks.

08/11/2025 Exchange Rate Query
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Ecommerce Warehouses Embrace Advanced Management Systems for Efficiency

Ecommerce Warehouses Embrace Advanced Management Systems for Efficiency

Warehouse Management Systems (WMS) aim to enhance the operational efficiency of e-commerce businesses, featuring real-time management, inventory monitoring, and order processing, making it a cornerstone of modern supply chains. This article analyzes five key trends: the integration of WMS with e-commerce platforms, efficiency enhancement and cost optimization, and the application of AI and machine learning, highlighting its significance in the e-commerce sector.

08/04/2025 Warehousing
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USD to LKR Exchange Rate Trends Key Factors Analyzed

USD to LKR Exchange Rate Trends Key Factors Analyzed

This article analyzes the exchange rate between the US Dollar and the Sri Lankan Rupee, exploring the reasons for its fluctuations. It discusses the impact of economic policies and international markets on the exchange rate. The article suggests that Sri Lanka should focus on how exchange rate fluctuations affect the national economy and strategic adjustments in the future, in order to ensure economic stability and development.

08/10/2025 Exchange Rate Query
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Freight Booking Simplified Key Steps for Shipping Orders

Freight Booking Simplified Key Steps for Shipping Orders

This article provides a detailed explanation of key terms in foreign trade booking, including Booking, Booking Note, Booking Confirmation, and Shipping Order (S/O), highlighting their meanings and differences. It also offers practical booking procedures and essential considerations to help foreign trade professionals easily master booking skills and successfully conduct international trade. This guide aims to simplify the booking process and ensure smooth international shipping operations.

09/26/2025 Logistics Encyclopedia
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