XPO Logistics Sells Intermodal Unit to STG in Strategic Move

XPO Logistics Sells Intermodal Unit to STG in Strategic Move

XPO Logistics sold its intermodal business to STG Logistics for $710 million, aiming to focus on its core Less-Than-Truckload (LTL) and truck brokerage businesses and optimize its capital structure. STG Logistics expands its service offerings and builds an integrated logistics platform through the acquisition. This move reflects the trends of specialization and integration in the logistics industry, as well as the opportunities and challenges facing the multimodal transportation market. The deal signifies a strategic shift for both companies in a dynamic logistics landscape.

02/11/2026 Logistics
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Erps Drive Digital Transformation for Smbs

Erps Drive Digital Transformation for Smbs

This paper explores how ERP systems have transitioned from traditional 'back-office' solutions to key drivers of digital transformation for SMEs. Through case studies, functional interpretation, and trend analysis, it demonstrates how features like cloud ERP and integrated WMS can help SMEs optimize operations, improve efficiency, and reduce costs. The paper emphasizes the importance of ERP systems in supporting operational best practices, establishing process control, and enabling business growth. It highlights the role of ERP in fostering a more agile and competitive SME landscape.

01/19/2026 Warehousing
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Grupo Mexico Acquires Florida East Coast Railway for 21B

Grupo Mexico Acquires Florida East Coast Railway for 21B

Grupo México acquired Florida East Coast Railway for $2.1 billion, aiming to strengthen its North American supply chain footprint. This move will enhance its mineral transportation capabilities, expand its business scope, complement its US rail network, and improve supply chain control. The acquisition is expected to boost trade growth in Florida, create jobs, and enhance port competitiveness, but it also faces regulatory approvals and integration risks. The deal represents a significant investment in rail infrastructure and highlights the growing importance of integrated supply chains in North America.

01/29/2026 Logistics
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AI Boosts Crossborder Home Furnishing Customer Service

AI Boosts Crossborder Home Furnishing Customer Service

Kagu E-commerce partnered with Shulex to introduce AI customer service, building a unified service system across all channels to enhance user experience and customer service efficiency. The AI customer service provides 24/7 instant responses with a 90% accuracy rate, significantly improving user satisfaction. Shulex AI customer service is deeply integrated with mainstream cross-border e-commerce business systems, breaking down information silos and enabling a seamless service experience. Both parties will continue to deepen cooperation and explore more scenario-based service innovations.

01/27/2026 Logistics Industry Insights
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RMB to USD What 25 Yuan Buys in Todays Exchange

RMB to USD What 25 Yuan Buys in Todays Exchange

This article analyzes how much 25 RMB can be exchanged for in USD (approximately 3.48 USD) and explores the fluctuation trends and influencing factors of the RMB to USD exchange rate. The aim is to remind readers to pay attention to exchange rate dynamics for better personal finance and investment decision-making.

08/10/2025 Exchange Rate Query
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Swiss Franc to US Dollar Exchange Rate Fluctuates in Real Time

Swiss Franc to US Dollar Exchange Rate Fluctuates in Real Time

Understanding the real-time exchange rate between the Swiss Lilang (SZL) and the US Dollar (USD) is crucial for international transactions and personal finance. 10 Swiss Lilang can be exchanged for approximately 0.56 USD. By mastering exchange rate fluctuations, users can manage their foreign currency conveniently using our app, optimizing their wealth.

08/19/2025 Exchange Rate Query
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ICC Principles Promote Green Economy in Global Trade

ICC Principles Promote Green Economy in Global Trade

The International Chamber of Commerce's principles for sustainable trade and trade finance provide a framework for assessing the sustainability of trade, focusing on environmental and socioeconomic development. The principles aim to direct funding toward sustainable trade by clearly defining standards, reducing the risk of greenwashing, and supporting a balance between economic growth and environmental protection.

08/05/2025 Logistics Industry Insights
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Four Departments Jointly Issue Notice to Accelerate Implementation of Old Freight Truck Scrapping and Replacement Policy

Four Departments Jointly Issue Notice to Accelerate Implementation of Old Freight Truck Scrapping and Replacement Policy

The Ministry of Transport, Ministry of Public Security, Ministry of Finance, and Ministry of Commerce jointly issued a notice to support the scrapping and updating of old operating trucks. The new policy divides the funding burden by regions: East, Central, and West, aiming to promote green development and high-quality transformation in the transportation sector.

08/29/2024 Logistics
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Singapore Dollar Strengthens Against US Dollar Amid Market Shifts

Singapore Dollar Strengthens Against US Dollar Amid Market Shifts

This report presents the current exchange rate between the Singapore dollar and the US dollar, showing that 100 SGD can be exchanged for approximately 77.83 USD. It analyzes recent fluctuations in the exchange rate and their potential impact on the Singaporean economy. The importance of market changes for personal finance and international investments is emphasized.

08/26/2025 Exchange Rate Query
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