XPO Logistics Sells Intermodal Unit for 71B to Prioritize LTL Brokerage

XPO Logistics Sells Intermodal Unit for 71B to Prioritize LTL Brokerage

XPO Logistics is selling its intermodal business to STG Logistics for $710 million. This strategic move aims to streamline operations, allowing XPO to concentrate on its core Less-Than-Truckload (LTL) and freight brokerage businesses. The sale will optimize XPO's capital structure, improve its credit rating, and ultimately facilitate its plan to spin off into two separate, publicly traded industry leaders. This transaction is expected to enhance XPO's operational efficiency and profitability, creating greater value for shareholders and paving the way for a successful strategic transformation.

02/11/2026 Logistics
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CMA CGM Acquires Ingram Micro CLS for 3B Transforming Ecommerce Logistics

CMA CGM Acquires Ingram Micro CLS for 3B Transforming Ecommerce Logistics

CMA CGM acquired Ingram Micro's Commerce & Lifecycle Services (CLS) business for $3 billion, aiming to enhance its e-commerce contract logistics capabilities and solidify its global logistics position. This reflects the trend of technology-driven and service-upgraded in the e-commerce logistics industry, foreshadowing an accelerated evolution of the competitive landscape. Following the acquisition, CMA CGM's logistics business will become the fourth largest globally, facing challenges in integration and innovation.

02/11/2026 Logistics
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Forward Air and Omni Logistics Merge to Compete in LTL Market

Forward Air and Omni Logistics Merge to Compete in LTL Market

Forward Air and Omni Logistics announced a merger, aiming to create a Less-than-Truckload (LTL) giant. The merger is expected to bring economies of scale, customer resource integration, and improved service levels, helping the company seize a market worth hundreds of billions. However, the integration process also faces challenges such as cultural clashes and system integration. In the future, digitalization and sustainable development will be key. This strategic move positions the combined entity for significant growth in the competitive logistics landscape.

02/11/2026 Logistics
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Arrive Logistics TRN Boost Atlanta Freight Routes to Midwest West Coast

Arrive Logistics TRN Boost Atlanta Freight Routes to Midwest West Coast

Averitt Express, in collaboration with The Reliance Network (TRN), has launched an upgraded Less-Than-Truckload (LTL) service, significantly reducing transit times from Atlanta to the Midwest and West Coast. This partnership leverages TRN's robust regional LTL network, enhancing overall transportation efficiency and providing customers with faster and more reliable freight services. The collaboration aims to improve delivery speed and reliability for LTL shipments across key regions.

02/11/2026 Logistics
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Tumushuk Businesses Adapt to Largeitem Shipping Challenges

Tumushuk Businesses Adapt to Largeitem Shipping Challenges

This article provides a detailed analysis of the cost structure, logistics company selection, shipping process, and precautions for sending oversized logistics in Tumxuk. It also explores the concept of green logistics, aiming to help readers make more informed choices about logistics services and safely and efficiently ship large items. The guide covers key considerations for ensuring a smooth and reliable shipping experience when dealing with bulky goods in the Tumxuk region.

12/30/2025 Logistics
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CMA CGM Acquires Ingram Micro CLS for 3B to Boost Ecommerce Logistics

CMA CGM Acquires Ingram Micro CLS for 3B to Boost Ecommerce Logistics

CMA CGM invests $3 billion to acquire a significant portion of Ingram Micro's Commerce & Lifecycle Services (CLS) business, aiming to strengthen its global shipping and logistics leadership. This acquisition will significantly enhance CMA CGM's capabilities in e-commerce contract logistics and omnichannel fulfillment, positioning it as the world's fourth-largest contract logistics provider. The move is expected to provide more efficient and intelligent logistics solutions for e-commerce businesses.

02/11/2026 Logistics
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Exporters Face Container Rollover Crisis Amid Shipping Delays

Exporters Face Container Rollover Crisis Amid Shipping Delays

This article delves into the common phenomenon of "rollover" in international trade, explaining its definition, root causes, countermeasures, and risk prevention methods. By analyzing the selection logic of shipping companies and the issue of cost allocation, it provides practical guidance for foreign trade enterprises to reduce the probability of rollovers and minimize economic losses. The aim is to build a trustworthy and transparent freight environment. It covers strategies for mitigating the impact and understanding the underlying reasons behind these occurrences.

08/22/2025 Logistics Encyclopedia
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Deutsche Banks SWIFTBIC Code Guide for Crossborder Transfers

Deutsche Banks SWIFTBIC Code Guide for Crossborder Transfers

This article provides a detailed analysis of the application, precautions, and common errors associated with SWIFT codes in cross-border transfers, using the PBNKDEFF011 SWIFT/BIC code of Deutsche Bank AG-Postbank Branch as an example. It offers alternative solutions and risk warnings, aiming to help readers conduct cross-border transfers safely and efficiently. The explanation covers practical aspects of using SWIFT codes for international transactions and highlights potential pitfalls to avoid, ensuring a smoother and more secure transfer process.

09/03/2025 International Settlement
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Guide to Meezan Banks SWIFT Code for Secure Transfers

Guide to Meezan Banks SWIFT Code for Secure Transfers

This article provides a detailed analysis of MEEZAN BANK LIMITED's SWIFT/BIC code, MEZNPKKAGRD. It explains the meaning of SWIFT codes, their usage scenarios, and how to avoid errors. Readers will understand the importance of SWIFT codes in cross-border remittances and learn how to use them correctly, thus avoiding the risk of transfer delays or losses. The article emphasizes the practical application of SWIFT codes in international banking transactions and aims to provide clarity on a potentially complex topic.

09/03/2025 International Settlement
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Nova Banka Simplifies Bosnia Transfers With SWIFTBIC Code Guide

Nova Banka Simplifies Bosnia Transfers With SWIFTBIC Code Guide

This article provides a detailed analysis of Nova Banka's (Bosnia and Herzegovina) SWIFT/BIC code system and offers a practical guide to international money transfers. It covers code structure, branch location lookup, remittance procedures, method selection, key considerations, and risk warnings. The aim is to help readers complete cross-border payments safely and efficiently. Information includes how to find the correct SWIFT code for specific branches and best practices for ensuring smooth and secure transactions when sending money to or from Nova Banka.

09/03/2025 International Settlement
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