Damco Reports Profit Surge Amid Market Challenges

Damco Reports Profit Surge Amid Market Challenges

Amidst challenging global freight market conditions, Damco achieved growth by leveraging operational excellence, precise market insights, and solid financial performance. Both ocean and air freight volumes significantly outperformed the market average, and EBIT improved substantially. With a customer-centric approach, Damco delivers global, customized logistics solutions, helping businesses reduce costs, improve efficiency, and achieve sustainable development. The company's focus on understanding specific customer needs and adapting its services accordingly contributed to its success.

02/03/2026 Logistics Industry Insights
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Spain Tightens Safety Rules for Battery Air Freight

Spain Tightens Safety Rules for Battery Air Freight

This article provides a detailed overview of safety regulations, operational procedures, price factors, and precautions for domestic battery air freight in Spain. It emphasizes the importance of adhering to IATA regulations and addresses frequently asked questions regarding the specific requirements and average costs of lithium battery transportation. The aim is to offer comprehensive guidance on battery air freight for businesses and individuals operating within Spain, ensuring compliance and efficient handling of dangerous goods.

02/02/2026 Logistics
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US Services Sector Grows Steadily in September

US Services Sector Grows Steadily in September

The Institute for Supply Management (ISM) reported a Non-Manufacturing Index (NMI) of 58.6 for September. While slightly lower than August, the index remains well above 50, indicating continued expansion in the non-manufacturing sector. This figure is also above the average for the past 12 months, reflecting the resilience of the U.S. economy. The report analyzes sub-indexes such as business activity, new orders, and employment, and highlights the challenges and opportunities facing businesses.

02/04/2026 Logistics Industry Insights
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Aviation Industry Shifts Toward Sustainable Development

Aviation Industry Shifts Toward Sustainable Development

The International Air Transport Association (IATA) is committed to achieving net zero CO2 emissions by 2050. It promotes sustainability in the aviation sector through measures such as combating wildlife smuggling, reducing noise, and managing waste. IATA will host a series of conferences, including the World Sustainable Development Symposium and the Aviation Energy Forum, to facilitate industry communication and collaboration, collectively moving towards a greener future.

08/07/2025 Logistics Industry Insights
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Nannings Large Package Delivery Pricing Tips and Pitfalls

Nannings Large Package Delivery Pricing Tips and Pitfalls

This article provides a detailed analysis of large item delivery pricing, company selection, operational processes, and important considerations in Nanning. It aims to help you avoid common pitfalls and enjoy convenient and reliable logistics services while being cost-effective. Starting from my personal 'moving horror story,' I'll guide you step-by-step on how to navigate large item delivery in Nanning, saving you both money and effort.

01/05/2026 Logistics Encyclopedia
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Kroger Pauses Automated Fulfillment Center Expansion Amid Ecommerce Changes

Kroger Pauses Automated Fulfillment Center Expansion Amid Ecommerce Changes

Kroger is abandoning its Charlotte automation center and closing multiple warehouses, compensating Ocado $350 million. This signifies a shift in their e-commerce strategy, moving away from large automated fulfillment centers. Kroger is now focusing on store-based fulfillment and third-party partnerships to meet online grocery demands. This adjustment reflects a change in approach to online grocery delivery, prioritizing cost-effectiveness and leveraging existing infrastructure.

01/15/2026 Logistics
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Canadian Dollar Rises on Strong Jobs Data USDCAD Dips

Canadian Dollar Rises on Strong Jobs Data USDCAD Dips

USDCAD experienced a significant drop following Canadian employment data, breaking below the 100-day and 200-day moving averages, signaling a shift to a bearish technical outlook. This analysis identifies key support and resistance levels, offering traders strategies such as selling on rallies and breakout selling. The importance of risk management is emphasized throughout, providing actionable insights for navigating the potential downtrend in USDCAD.

01/28/2026 Exchange Rate Query
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Amazon Ecommerce Guide for Beginners Aims at Profitability

Amazon Ecommerce Guide for Beginners Aims at Profitability

This article provides an in-depth analysis of the advantages and opportunities of Amazon's cross-border e-commerce, interpreting it from multiple dimensions such as user base, platform system, competitive environment, average order value, traffic distribution, and logistics system. It also offers suggestions for novice sellers on how to get started quickly, aiming to help readers fully understand the Amazon platform and seize the opportunities in cross-border e-commerce. The analysis covers key aspects for success on Amazon.

01/04/2026 Logistics Industry Insights
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Diesel Price Hike Fuels US Inflation Worries

Diesel Price Hike Fuels US Inflation Worries

The U.S. Energy Information Administration reports that the average U.S. national diesel price has risen for the fourth consecutive week, reaching $3.868 per gallon. Experts attribute the increase to factors such as increased winter demand, refinery maintenance, and geopolitical risks. Rising diesel prices will increase operating costs for industries like transportation, agriculture, and construction, potentially leading to higher prices for consumers. Governments, businesses, and individuals should take measures to cope with the situation and actively promote energy transition.

01/07/2026 Logistics
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Amazon Sellers Optimize Profits Through Cost Accounting

Amazon Sellers Optimize Profits Through Cost Accounting

Amazon sellers often struggle with cost accounting. This article delves into the cost structure of Amazon businesses, comparing mainstream accounting methods like FIFO and weighted average to reveal the difficulties in cost accounting. It introduces the solution provided by Lingxing ERP, helping sellers achieve automated and accurate cost accounting, eliminate unclear accounts, and precisely calculate profits. This enables sellers to gain a clear understanding of their financial performance and make informed business decisions based on accurate cost data.

01/06/2026 Warehousing
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