Fedex CEO Fred Smith Steps Down Raj Subramaniam to Succeed

Fedex CEO Fred Smith Steps Down Raj Subramaniam to Succeed

FedEx announced that Fred Smith will step down as CEO and become Executive Chairman, with Raj Subramaniam succeeding him. This leadership change represents a strategic transformation, marking a new phase of development for FedEx. The company aims to maintain its industry leadership and create greater value for its customers through this transition. The move signals a focus on adapting to evolving market dynamics and leveraging Subramaniam's experience to drive future growth and innovation within the global logistics landscape.

01/21/2026 Logistics
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DHL Invests 22M to Expand San Diego Logistics Hub

DHL Invests 22M to Expand San Diego Logistics Hub

DHL is investing $22 million to expand its San Diego logistics center, enhancing international freight capabilities and optimizing service efficiency while incorporating a sustainable development strategy. The new facility, spanning over 86,000 square feet, features advanced equipment to accelerate cargo processing. DHL is committed to environmental responsibility, planning to introduce electric vehicles and pursue LEED certification. This expansion aims to address the growing demand for international freight, improve customer experience, and contribute to San Diego's economic growth.

01/21/2026 Logistics
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Uschina Trade War How Businesses Adapt to Tariffs

Uschina Trade War How Businesses Adapt to Tariffs

Dan Glazer, head of Flexport Capital, analyzes the negative impacts of tariffs on business operations amidst the US-China trade war. He explores how companies can address these challenges and achieve business growth through diversification, technological innovation, and expansion into emerging markets. In the face of trade frictions, businesses need to be flexible and adaptable to survive and thrive. They must proactively implement strategies to mitigate risks and capitalize on new opportunities arising from the evolving global trade landscape.

01/26/2026 Logistics Industry Insights
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Albania Joins Kyoto Convention to Enhance Trade

Albania Joins Kyoto Convention to Enhance Trade

Albania's accession to the Revised Kyoto Convention brings the number of contracting parties to 86, further promoting global trade facilitation. The Convention aims to reduce trade costs and improve customs clearance efficiency by simplifying customs procedures, applying information technology, implementing risk management, and strengthening international cooperation. This provides new impetus for global economic development. The revised Kyoto Convention is a key instrument for harmonizing and simplifying customs procedures worldwide, contributing to a more efficient and predictable international trade environment.

01/26/2026 Customs Knowledge
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China Russia Strengthen Ties with Connectivity Upgrades

China Russia Strengthen Ties with Connectivity Upgrades

Strengthened connectivity between China and Russia is evident across air, rail, land ports, and waterway transportation. This convenient transportation network not only promotes bilateral trade and people-to-people exchanges but also lays a solid foundation for deepening the strategic partnership. Moving forward, both countries should continue to strengthen infrastructure construction and improve connectivity levels, injecting new impetus into the sustained development of bilateral relations. This will enhance economic cooperation and facilitate greater cultural understanding between the two nations.

01/26/2026 Logistics Encyclopedia
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HS Committee Updates Global Trade Classification Rules

HS Committee Updates Global Trade Classification Rules

The World Customs Organization released the outcomes of the 52nd session of the Harmonized System Committee, including commodity classification decisions and amendments to the Explanatory Notes. Businesses should pay attention to the new regulations and adjust their declaration strategies to avoid trade frictions. Customs authorities will strengthen supervision to maintain trade order. The HS code system is constantly updated, requiring timely learning and mastery. Staying informed about these changes is crucial for smooth international trade operations and compliance.

01/26/2026 HS Code Query
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Peru Upgrades Customs Lab to Safeguard Minerals Trade

Peru Upgrades Customs Lab to Safeguard Minerals Trade

A workshop held in Peru by the World Customs Organization aims to modernize the Peruvian Customs Laboratory. This initiative seeks to improve commodity classification accuracy, facilitate trade, and strengthen the protection of national mineral resources. Relocating and constructing a new laboratory, upgrading technology, and fostering international cooperation will drive efficiency improvements within Peruvian Customs. This modernization is expected to promote economic development and trade prosperity in Peru by ensuring proper classification and efficient processing of goods.

01/26/2026 Customs Knowledge
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Djibouti Modernizes Customs Tariffs to Enhance African Trade

Djibouti Modernizes Customs Tariffs to Enhance African Trade

With support from the World Customs Organization and the European Union, Djibouti is updating its national tariff system to align with the international standard Harmonized System (HS). This initiative aims to enhance trade facilitation, increase fiscal revenue, improve international competitiveness, and promote sustainable development, ultimately positioning Djibouti as a new trade hub in Africa. The modernization of the tariff system is expected to streamline customs procedures and reduce trade barriers, contributing to economic growth and regional integration.

01/26/2026 Customs Knowledge
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Qingdao Expo to Boost Northern Chinas Metal Industry

Qingdao Expo to Boost Northern Chinas Metal Industry

The 2026 Qingdao International Metalworking Equipment Exhibition (JM) is a leading manufacturing event in the Bohai Bay region, showcasing cutting-edge metalworking technologies and equipment from around the world. The exhibition will feature six themed zones covering the entire industry chain, including metal cutting, forming, automation, casting and heat treatment, new materials, and functional components. JM focuses on the Northern China market, helping companies expand business opportunities and promote the upgrading of intelligent manufacturing in the region.

01/26/2026 Logistics Industry Insights
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Wuyouda Group Named Zhejiangs Top Private Multinational for AI Logistics

Wuyouda Group Named Zhejiangs Top Private Multinational for AI Logistics

Wu You Da Group has been awarded the title of “Leading Enterprise” among Zhejiang's private multinational companies. Leveraging its AI-driven intelligent decision-making platform and global operations network, the group is setting new standards in cross-border logistics. Through technological innovation and resource integration, Wu You Da optimizes supply chains, helping Chinese brands expand overseas efficiently and contributing to global trade development. The company's AI capabilities enable smarter logistics solutions and improved operational efficiency across its worldwide network.

01/26/2026 Logistics
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