Evergreen Marine Revenue Tops 1B Amid Soaring Shipping Rates

Evergreen Marine Revenue Tops 1B Amid Soaring Shipping Rates

Evergreen Marine's Q3 revenue exceeded NT$100 billion for the first time, reaching a record high, driven by persistently high container freight rates and increased capacity. Analysts suggest that factors such as restocking demand in Europe and the US, low container turnover rates, increased proportion of European routes, and long-term contract protection are expected to support Evergreen Marine's operational performance in 2022. The strong performance reflects the continued strength of the shipping market despite global economic uncertainties.

02/11/2026 Logistics
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Roadrunner Acquires Rich Logistics for 48M to Expand Usmexico Crossborder Operations

Roadrunner Acquires Rich Logistics for 48M to Expand Usmexico Crossborder Operations

RRTS (Luluda Transportation Group) acquired Ruichi Logistics for $48 million, aiming to expand its complete vehicle transportation business and broaden its US-Mexico cross-border freight corridor. Ruichi Logistics possesses strengths in cross-border transportation and the automotive industry, which is expected to enhance RRTS's profitability. This acquisition is part of RRTS's aggressive expansion strategy but also faces challenges such as integration and market competition. The deal is expected to strengthen RRTS's position in the North American market.

02/11/2026 Logistics
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Argentinas Postal Reform Boosts Smart Logistics

Argentinas Postal Reform Boosts Smart Logistics

The re-regulation of Argentina's postal service presents opportunities for cross-border logistics but also challenges like parcel consolidation, information delays, complex customs clearance, and diverse customer needs. Freight consolidation systems, through intelligent sorting, real-time tracking, customs clearance assistance, and personalized services, help companies improve efficiency, reduce costs, and optimize customer experience. They are becoming crucial for the intelligent upgrade of cross-border logistics, streamlining operations and enhancing overall service quality in the Argentinian market.

Rail Industry Faces Policy and Supply Chain Challenges AAR

Rail Industry Faces Policy and Supply Chain Challenges AAR

AAR President Ian Jefferies provides an in-depth analysis of the policy, market, and supply chain challenges facing the rail transportation industry. He examines the impact of the Infrastructure Investment and Jobs Act and executive orders, dissects the current state and trends of rail freight and intermodal transport, and offers recommendations for addressing global supply chain issues. The article aims to help businesses seize future opportunities in rail transportation, optimize supply chain layouts, and improve operational efficiency.

Biden Panel Moves to Prevent Rail Strike Supply Chain Disruption

Biden Panel Moves to Prevent Rail Strike Supply Chain Disruption

The U.S. Presidential Emergency Board (PEB) issued recommendations to resolve the labor dispute between railroad companies and unions, aiming to prevent supply chain disruptions. The recommendations include wage increases, improved benefits, and contract re-bidding. Both parties must reach an agreement by September 16th to avoid a potential strike that could significantly impact the U.S. economy. Failure to reach an agreement poses a risk of widespread economic consequences due to the vital role railroads play in freight transport.

Private LTL Firms Outperform Public Rivals Amid Market Split

Private LTL Firms Outperform Public Rivals Amid Market Split

In 2012, private LTL companies outperformed state-owned enterprises in profitability due to limitations faced by the latter. The market experienced a balance between supply and demand, leading to increased freight rates. Future success requires innovative service offerings. Shippers need to comprehensively evaluate carriers. Data analysis is crucial for optimizing operational efficiency and improving overall performance in the evolving LTL landscape. This will help to gain a competitive advantage and meet the changing needs of customers.

Lesotho Revenue Authority Modernizes Talent Management for Efficiency

Lesotho Revenue Authority Modernizes Talent Management for Efficiency

The Lesotho Revenue Authority (LRA) is implementing a competency-based human resource management system in collaboration with the World Customs Organization (WCO) to enhance operational efficiency and tax revenue. WCO workshops and capacity-building support are helping LRA staff acquire modern HR management skills and develop action plans. With strong commitment from LRA leadership, talent management is poised to be a key driver in the tax department's transformation. This initiative signifies a significant step towards modernizing the LRA and improving its ability to meet its revenue collection goals.

WCO Boosts Trade Control Enforcement in Albania Kosovo

WCO Boosts Trade Control Enforcement in Albania Kosovo

The World Customs Organization (WCO), through its STCE and COPES projects, conducted online training for Albanian and Kosovar Customs, aiming to enhance their enforcement capabilities in strategic trade control and dual-use item management. The training covered strategic item definitions, evidence collection standards, and investigation techniques. It emphasized the application of data analysis in risk assessment and intelligence analysis to build a global strategic trade control system and maintain global security. The training is expected to improve the effectiveness of customs operations in preventing the illicit proliferation of sensitive goods.

Ghana Customs Officials Attend WCO Leadership Workshop

Ghana Customs Officials Attend WCO Leadership Workshop

The WCO collaborated with the Ghana Revenue Authority to conduct a leadership workshop aimed at enhancing customs management capabilities and promoting modernization. This initiative supports the ongoing efforts to strengthen customs operations in Ghana. The World Bank provides funding to support customs capacity building in Africa, contributing to improved trade facilitation and revenue collection. The workshop focused on developing leadership skills among customs officials, enabling them to effectively manage teams and implement modern customs practices. The ultimate goal is to create a more efficient and effective customs administration in Ghana.

WCO Stresses Talent Development to Boost Global Economy

WCO Stresses Talent Development to Boost Global Economy

The WCO emphasized the crucial role of customs talent development in economic growth at a Paris seminar. Participants shared experiences and called for sustained investment in customs training and capacity building. The seminar highlighted how skilled customs officials contribute to efficient trade facilitation, revenue collection, and border security, ultimately fostering economic development. The WCO urged member administrations to prioritize customs training programs to enhance their effectiveness and contribute to national economic prosperity. Continuous investment in human capital is key to modernizing customs administrations and achieving sustainable economic growth.