Fedex to Spin Off Freight Unit Appoints New Leadership

Fedex to Spin Off Freight Unit Appoints New Leadership

FedEx plans to separate FedEx Freight by June 2026 and appoint new leadership. The goal of this strategic move is to unlock value and optimize both operations and capital allocation. This separation is expected to create a more focused and agile FedEx, allowing each entity to pursue its own distinct strategies and growth opportunities within the evolving transportation landscape. The company believes this will ultimately benefit shareholders and customers alike.

Uber Freight Expands in Europe Boosting Managed Transport Sector

Uber Freight Expands in Europe Boosting Managed Transport Sector

Uber Freight's European operations are experiencing rapid growth, surpassing €200 million in freight volume and projecting to reach €2 billion by 2028. Driven by technology, Uber Freight empowers customers to optimize their supply chains and gain a competitive edge in the European logistics market. The company focuses on leveraging its platform to improve efficiency, transparency, and reliability for shippers and carriers alike, ultimately revolutionizing the way goods move across Europe.

SEKO Logistics Expands Ecommerce Reach with Omnichannel Buy

SEKO Logistics Expands Ecommerce Reach with Omnichannel Buy

SEKO Logistics has acquired a majority stake in Omni-Channel Logistics, strengthening its e-commerce and technology service offerings. This acquisition solidifies SEKO's leading position in cross-border e-commerce logistics, enabling the company to provide more comprehensive and integrated solutions to its customers. The move aims to enhance SEKO's capabilities in fulfilling the growing demands of the global e-commerce market and further expand its reach in key international markets.

01/21/2026 Logistics
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Fedex CEO Frederick Smith Steps Down Raj Subramaniam to Succeed

Fedex CEO Frederick Smith Steps Down Raj Subramaniam to Succeed

FedEx announced a leadership transition, with founder Fred Smith stepping down as CEO and assuming the role of Executive Chairman. Raj Subramaniam will succeed him as CEO. Smith reflected on FedEx's 50-year history and expressed confidence in Subramaniam's capabilities. Subramaniam stated his commitment to upholding FedEx's core values and leading the company to a brighter future. This leadership change marks the beginning of a new development phase for FedEx.

01/21/2026 Logistics
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Roborock Reports Profit Decline Amid Global Expansion Plans Recovery

Roborock Reports Profit Decline Amid Global Expansion Plans Recovery

Roborock's profit decline is not accidental but a temporary challenge under its global expansion strategy. The company aims to significantly improve profitability by increasing the proportion of high-margin products, optimizing the supply chain, and strengthening technological innovation. Currently, Roborock maintains the leading global market share, with overseas revenue exceeding half of its total revenue. The related work for its Hong Kong stock listing is progressing in an orderly manner.

Chinese Firm Miao Di Innovates Traditional Medicine Patch Quality

Chinese Firm Miao Di Innovates Traditional Medicine Patch Quality

Henan Miao Di Health Industry Co., Ltd. specializes in the research and production of high-quality external application plasters and ointments. Since its establishment six years ago, the company has consistently adhered to quality as its core, driven by technological innovation and strict quality control. It is committed to upgrading plasters from "fast-moving consumer goods" to "durable goods", providing consumers with more lasting and effective health care.

Iberia Express Enhances Global Air Cargo Tracking

Iberia Express Enhances Global Air Cargo Tracking

This article focuses on Iberia Express air freight tracking, analyzing its efficient cargo system built upon the global network of its parent company, Iberia. By mastering the correct tracking process, you can monitor your cargo's real-time status, ensuring worry-free shipping and seamless global access. Knowing how to track your Iberia Express air freight provides peace of mind and allows for better logistical planning when engaging in cross-border logistics.

01/22/2026 Airlines
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Deepseek V4 Targets Global AI Programming Leadership

Deepseek V4 Targets Global AI Programming Leadership

DeepSeek plans to release V4 by Chinese New Year 2026, focusing on programming capabilities with the goal of surpassing Claude. V4 will feature enhanced code processing and reasoning abilities, leveraging technologies like Mixture of Experts (MoE). Pricing strategy is yet to be determined. The company is positioning this release as a significant advancement in AI programming capabilities, potentially setting a new benchmark for performance in code generation and understanding.

Construction Firm Expands into Pet Food with Chongqing Plant

Construction Firm Expands into Pet Food with Chongqing Plant

A hundred-acre pet food base has commenced construction in Qijiang District, Chongqing, invested by a traditional construction company. This marks a step towards intelligent and high-end development in the region's pet industry. Chongqing is systematically planning for the pet economy, focusing on multiple dimensions from research and development and production to cross-border trade. The aim is to seize the initiative in the burgeoning pet economy market.

Customs Brokerage Key Roles of Declarants Enterprises and Brokers

Customs Brokerage Key Roles of Declarants Enterprises and Brokers

This article provides an in-depth analysis of the conceptual differences between Customs Declaration Units, Customs Brokerage Enterprises, and Customs Brokers, clarifying their respective definitions and business scopes. Through case studies and methods for querying customs registration information, it helps readers identify different types of customs declaration service providers. Furthermore, it offers suggestions for selecting suitable customs partners, aiming to provide professional guidance for import and export trading companies. The article focuses on understanding the nuances of each entity to facilitate informed decision-making in international trade.