Ningbo Ocean Expands Fleet Size with Strategic Investment Plan

Ningbo Ocean Expands Fleet Size with Strategic Investment Plan

Ningbo Ocean recently announced an investment of $278 million to build four 4,300 TEU new container ships, currently selecting a shipyard through a bidding process. The company has also placed an order for four 2,700 TEU ships with Huangpu Wenchong, expected to be delivered in 2027. This initiative will enhance its global capacity and market competitiveness.

06/26/2025 Logistics
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UPS and USPS Consider New Delivery Partnership As Ecommerce Grows

UPS and USPS Consider New Delivery Partnership As Ecommerce Grows

UPS is in discussions with USPS to revamp their Ground Saver service partnership, aiming to reduce costs and expand coverage. This move stems from increased cost pressures on UPS after taking over delivery responsibilities and the USPS's new leadership seeking to optimize capacity. If the collaboration succeeds, Ground Saver could potentially extend to PO Boxes and locations like Alaska and Hawaii, offering merchants a more competitive logistics solution. The renewed partnership focuses on leveraging each other's strengths for mutual benefit and improved service offerings.

01/08/2026 Logistics
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GLS Expands US Operations Via Strategic Partnerships

GLS Expands US Operations Via Strategic Partnerships

GLS is rapidly expanding its US market coverage through partnerships with four regional US carriers, aiming to challenge giants like FedEx and UPS. This strategy focuses on technology integration and two-way transportation, designed to enhance service efficiency and customer experience. It presents a new collaborative model for the parcel delivery industry, allowing GLS to quickly establish a significant presence and compete effectively without the need for extensive infrastructure investment. The partnerships leverage existing regional networks for broader reach and faster delivery times.

01/08/2026 Logistics
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Lasershipontrac Expands Near Philadelphia Ahead of Holidays

Lasershipontrac Expands Near Philadelphia Ahead of Holidays

LaserShip/OnTrac has launched a large sorting center near Philadelphia to boost capacity in the Tri-State area and handle the surge in holiday shopping packages. The center is equipped with advanced sorting technology and will add hundreds of employees to improve delivery efficiency and service quality, meeting the growing demands of e-commerce businesses and consumers. This move is seen as a significant step for the company to enhance its competitiveness in the highly competitive parcel delivery market.

01/16/2026 Logistics
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US Service Sector Growth Slows but Stays Strong in June

US Service Sector Growth Slows but Stays Strong in June

The US Services PMI decreased from 64 in May to 60.1 in June. While the growth rate slowed, it remained above the 50 threshold, indicating the service sector has been expanding for 13 consecutive months. Supply chain bottlenecks, labor shortages, and inflationary pressures may have contributed to the slowdown. The service sector remains a key driver of US economic growth. Continued monitoring of PMI trends is necessary to assess the sector's performance and its impact on the overall economy.

Forward Air Acquires Chickasaw Container Services to Boost Intermodal Reach

Forward Air Acquires Chickasaw Container Services to Boost Intermodal Reach

Forward Air's acquisition of Chickasaw Container Services aims to expand its intermodal operations in the Mobile market and solidify its position in Memphis. This move highlights the growing importance of intermodal transportation as a key growth area in the logistics industry, foreshadowing accelerated industry consolidation, digitalization, green initiatives, and collaborative trends. Forward Air's strategic deployment warrants attention. The acquisition strengthens Forward Air's network and service offerings, positioning them for further growth in the competitive logistics landscape. This acquisition is a strategic move to capture a larger share of the intermodal market.

01/20/2026 Logistics
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Echo Global Logistics Acquires Fastmore to Expand International Freight

Echo Global Logistics Acquires Fastmore to Expand International Freight

Echo Global Logistics acquired Fastmore Logistics to expand its service range, leveraging Fastmore's strengths in the international freight forwarding market. This acquisition aims to break down the barriers between domestic logistics and international freight, achieving complementary advantages and synergistic development. The goal is to provide customers with more comprehensive service capabilities by integrating Fastmore's international expertise with Echo's existing domestic network, ultimately offering a more seamless and robust logistics solution.

01/20/2026 Logistics
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