Sri Lanka Forms Trade Panel to Spur Economic Growth

Sri Lanka Forms Trade Panel to Spur Economic Growth

Sri Lanka established the National Trade Facilitation Committee (NTFC) to coordinate domestic departments in cross-border trade and promote the implementation of trade facilitation measures, thereby driving national economic development. The NTFC will be responsible for policy consultation, supervision and evaluation, strategic coordination, departmental coordination, problem identification and resolution, information center construction, and international cooperation. By optimizing trade processes and improving trade efficiency, it aims to promote economic growth. The NTFC is expected to streamline procedures and enhance Sri Lanka's competitiveness in the global market.

02/06/2026 Customs Knowledge
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WCO Certification Boosts Trade in Francophone Africa

WCO Certification Boosts Trade in Francophone Africa

The World Customs Organization (WCO), through its Technical and Operational Advisors (TOA) accreditation program, aims to cultivate customs experts proficient in commodity classification, rules of origin, and valuation. This initiative enhances customs capacity in French-speaking African countries, reduces trade costs and friction, and creates more market opportunities for businesses. By fostering expertise and efficiency, the program contributes to a future where trade facilitation is embraced, benefiting both governments and the private sector. The ultimate goal is to streamline processes and promote economic growth.

02/06/2026 Customs Knowledge
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360 Finance Reports Tenfold Profit Jump on Techdriven Growth

360 Finance Reports Tenfold Profit Jump on Techdriven Growth

360 Finance's financial report reveals a nearly tenfold increase in net profit, attributed to its technology-driven business model. Leveraging big data and AI, 360 Finance has built competitive advantages in risk management, user acquisition, and product innovation. The company is actively expanding into areas like SME lending to seek new growth opportunities. The increasing proportion of institutional funding and the growth in user repeat loan rates further demonstrate its steady development momentum. This showcases the power of technology in driving financial performance and market expansion.

02/11/2026 Logistics Industry Insights
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Mercedesbenz Dispute Exposes Service Gaps in Chinas Auto Sector

Mercedesbenz Dispute Exposes Service Gaps in Chinas Auto Sector

The Xi'an Mercedes-Benz female owner's protest exposed quality and service issues within the automotive and service industries. This analysis delves into the underlying causes, including management loopholes and profit-driven motives. Solutions proposed include strengthening corporate responsibility, enhancing market supervision, and improving laws and regulations. The aim is to build a healthy and transparent consumer ecosystem, restoring consumer trust. This incident highlights the need for greater accountability and a more consumer-centric approach across the industry to prevent similar situations in the future.

02/11/2026 Logistics Industry Insights
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XPO Logistics Acquisition Strategy Fails Stock Plummets

XPO Logistics Acquisition Strategy Fails Stock Plummets

XPO Logistics expanded rapidly through aggressive acquisitions, but profitability lagged, causing a stock price plunge. Financial data reveals a low return on investment, and the loss of its largest customer exacerbated market concerns. Despite measures like stock buybacks, XPO faces challenges and needs to re-evaluate its acquisition strategy and improve operational efficiency to achieve sustainable growth. The company's rapid expansion hasn't translated into consistent profits, raising questions about its long-term financial health and strategic direction. A shift towards organic growth and improved efficiency is crucial.

02/11/2026 Logistics Industry Insights
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Tmalls Double 11 Sees Surge in Pet Supplies Spending

Tmalls Double 11 Sees Surge in Pet Supplies Spending

The fifth-day sales report of pet supplies on Tmall's Double 11 reveals the booming pet economy. KaiRuiSi, Myfoodie, and Crazy Puppy remain the top three brands in overall sales. Various sub-categories also showcase impressive store sales. The report highlights trends such as high brand concentration, strong demand for niche products, the rise of health-conscious consumption, and the increasing importance of online channels. These insights underscore the dynamic growth and evolving consumer preferences within the pet market during the Double 11 shopping festival.

02/11/2026 Logistics Industry Insights
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Chinas Myfoodie Tops Tmall Double 11 Pet Sales

Chinas Myfoodie Tops Tmall Double 11 Pet Sales

The Tmall Double 11 pet sales report reveals that Myfoodie surpassed Royal Canin to top the overall brand sales chart, showcasing the strong rise of domestic brands. Huayuan Pet Supplies flagship store led the store sales rankings. Within specific categories, brands are precisely positioned to meet personalized needs. A clear trend of consumption upgrade is evident, with quality and experience taking precedence. Domestic brands are gaining significant traction in the pet market, driven by increasing consumer demand for high-quality products and tailored solutions.

02/11/2026 Logistics Industry Insights
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Pet Industry Adapts to Channel Shifts for Growth

Pet Industry Adapts to Channel Shifts for Growth

This article delves into the emerging trends and opportunities in China's evolving pet industry channel landscape. It focuses on key areas such as distributor transformation, changing consumer trends, brand growth strategies, instant retail opportunities, and globalization strategies. By analyzing the key topics discussed at the Pet Channel Innovation Summit, this article provides strategic insights for pet businesses, helping them achieve new growth in a highly competitive market. It offers guidance on adapting to the changing dynamics and capitalizing on emerging trends to gain a competitive edge.

02/11/2026 Logistics Industry Insights
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Shell Scania Collaborate on Green Logistics Push

Shell Scania Collaborate on Green Logistics Push

Shell and Scania jointly hosted an offline event focusing on cost reduction, efficiency improvement, and green development for logistics companies. The conference will deeply analyze fuel economy, interpret Scania's TOE philosophy, and assess transportation capacity market trends. The "Fuel Saving and Carbon Reduction Pioneer Enterprise Program" will be launched, aiming to provide innovative solutions for logistics companies and help them achieve sustainable development. The event provides a platform for industry leaders to exchange ideas and explore best practices for optimizing operations and minimizing environmental impact.

02/11/2026 Logistics Industry Insights
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Tianjin Air Cargo Launches Chinas First Aeiconfigured B737800 Freighter

Tianjin Air Cargo Launches Chinas First Aeiconfigured B737800 Freighter

Tianjin Air Cargo has introduced the first AEI-configured B737-800 freighter in China, marking a significant step in its capacity upgrade and market expansion. This model features an innovative design to enhance loading efficiency and meet diverse needs. Since joining Liaoning Fangda Group three years ago, Tianjin Air Cargo, guided by Party building, has operated safely and efficiently, contributing to both domestic and international dual circulation. In the future, it will continue to serve national strategies and build a first-class air transportation enterprise.

02/11/2026 Logistics
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