UPS Slashes 30000 Jobs to Cut Amazon Dependence Improve Margins

UPS Slashes 30000 Jobs to Cut Amazon Dependence Improve Margins

Logistics giant UPS announced 30,000 job cuts and the closure of 24 facilities to accelerate its shift away from lower-margin Amazon deliveries and towards higher-profit freight services. While the company anticipates a short-term revenue impact, it projects $3 billion in annual cost savings and more stable earnings growth. UPS will also advance a voluntary driver buyout program and restructure its freight network. This strategic move aims to improve profitability and long-term financial performance by focusing on more lucrative segments of the logistics market.

02/05/2026 Logistics
Read More
U品 Group Boosts Crossborder Ecommerce Via Smart Logistics

U品 Group Boosts Crossborder Ecommerce Via Smart Logistics

UPin Group received the "Trailblazer" award at the Amazon TSPN Annual Service Provider Conference, highlighting its leading position in cross-border logistics. The company will continue to focus on the overseas logistics needs of enterprises, keep up with platform policies, deepen partnerships, and utilize intelligent logistics systems and a global warehousing and distribution network to help Chinese enterprises achieve globalization. UPin Group aims to empower businesses with efficient and reliable cross-border solutions, facilitating their expansion into international markets through its comprehensive logistics infrastructure and strategic collaborations.

02/05/2026 Logistics Industry Insights
Read More
Top 2026 Eminent Domain Lawyers for Property Rights Protection

Top 2026 Eminent Domain Lawyers for Property Rights Protection

This article unveils the 2026 ranking of demolition lawyers, assessed across professional qualifications, service network, client satisfaction, and industry influence. It provides an in-depth analysis of the top five law firms and explores emerging trends in demolition legal services. Furthermore, the article offers a practical guide for rationally selecting a lawyer, aiming to provide objective references for the public facing demolition issues. The ranking and guide are intended to help individuals navigate the complexities of demolition law and choose the best legal representation.

02/05/2026 Logistics Encyclopedia
Read More
Guide to Selecting US Air Freight Carriers for Oversized Cargo

Guide to Selecting US Air Freight Carriers for Oversized Cargo

This article delves into the key considerations for selecting a US air freight company for oversized cargo, emphasizing crucial factors such as logistics network, specialized experience, customer service, security measures, and pricing. It recommends reputable companies like FedEx, UPS, and DHL, and addresses frequently asked questions. The aim is to assist readers in finding a reliable and cost-effective partner to ensure the safe and timely arrival of their goods in the United States. Prioritizing these elements will lead to a successful and efficient shipping experience.

02/05/2026 Logistics
Read More
Top Air Freight Forwarders in Canada A Trade Guide

Top Air Freight Forwarders in Canada A Trade Guide

This article provides an in-depth analysis of leading Canadian air freight and international shipping forwarders, including Air Canada Cargo, FedEx, and UPS. It offers key evaluation criteria for selecting a freight forwarder, such as shipping capacity, network coverage, cost, customer service, and technological innovation. The aim is to assist businesses in choosing the most suitable partner for their specific needs, enabling them to succeed in the global market. By considering these factors, businesses can optimize their supply chain and gain a competitive edge.

02/05/2026 Logistics
Read More
National Bank of Ethiopia Simplifies SWIFT Transfers with XE Guide

National Bank of Ethiopia Simplifies SWIFT Transfers with XE Guide

This article provides a detailed explanation of the National Bank of Ethiopia's SWIFT code, NBETETAAXXX, and demonstrates how to use the XE platform for secure and convenient cross-border transfers. XE offers real-time exchange rates, robust security measures, and excellent customer service, making it a smart choice for users. The article also includes a pre-transfer information checklist and frequently asked questions to help readers easily complete their international money transfers. It aims to simplify the process of sending money to or from Ethiopia using the SWIFT network and the XE platform.

09/03/2025 International Settlement
Read More
Sri Lanka Central Bank SWIFT Code Guide for Secure Transfers

Sri Lanka Central Bank SWIFT Code Guide for Secure Transfers

This article provides a detailed explanation of the SWIFT code system used by the Central Bank of Sri Lanka, including code structure, branch codes, usage scenarios, and precautions. It aims to help users avoid errors in cross-border remittances and ensure the safe and efficient arrival of funds. The article also briefly introduces the security of the SWIFT network and the main functions of the Central Bank of Sri Lanka. The goal is to provide clarity and guidance for individuals and businesses involved in international money transfers to and from Sri Lanka.

09/01/2025 International Settlement
Read More
Arab Bank Jordan Simplifies SWIFT Codes for Global Transfers

Arab Bank Jordan Simplifies SWIFT Codes for Global Transfers

This article provides a detailed explanation of Arab Bank (Jordan)'s SWIFT/BIC code and its role in cross-border remittances. It offers a list of SWIFT codes for major branches. Furthermore, it outlines the process of remitting funds to Arab Bank, including key considerations, frequently asked questions, and risk warnings. The aim is to assist readers in completing international money transfers safely and efficiently. This guide helps navigate the complexities of sending money to Arab Bank through the SWIFT network, ensuring a smoother and more secure transaction.

09/01/2025 International Settlement
Read More
Romeovilles LOT Airport Key Hub for Air Freight Expansion

Romeovilles LOT Airport Key Hub for Air Freight Expansion

This article provides a detailed explanation of the three-letter code (LOT) for Romeoville Airport and related air freight information. It emphasizes the importance of understanding airport codes and introduces methods for efficiently using three-letter code lookup systems. Furthermore, it clarifies the relationship between city codes and airport codes, and the special considerations for non-customs airports. The aim is to offer a practical guide for international freight forwarding, helping users navigate the complexities of air cargo logistics and improve their understanding of airport identification within the global transportation network.

09/29/2025 Airport Codes
Read More
Elista Airport Enhances Air Cargo Logistics Efficiency

Elista Airport Enhances Air Cargo Logistics Efficiency

This article provides an in-depth analysis of Elista Airport (ESL) in Russia and introduces the West Coast Cargo Network's three-letter code query system. This system gathers information on over 40,000 cities and airports worldwide, offering professional details such as airport facilities, warehousing costs, and customs clearance requirements, assisting air freight operators in completing air freight operations efficiently and conveniently. In addition, the West Coast Cargo Network provides practical tools such as air freight tracking and airline inquiries, serving as a powerful support for air freight logistics.

09/29/2025 Airport Codes
Read More