Uber Freight Expands in European Managed Transport Sector

Uber Freight Expands in European Managed Transport Sector

Uber Freight's European operations are experiencing rapid growth, exceeding $200 million in freight volume with a target of $2 billion by 2028. Driven by technological innovation, the company provides efficient and sustainable logistics solutions, solidifying its leading position in the European market. This expansion highlights Uber Freight's commitment to transforming the freight industry through advanced technology and strategic partnerships, offering shippers and carriers greater visibility and control over their supply chains.

XPO Logistics Expands European Lastmile Ecommerce Services

XPO Logistics Expands European Lastmile Ecommerce Services

XPO Logistics has announced the expansion of its last mile delivery services to Europe, aiming to capitalize on the rapid growth of e-commerce. Recognizing the fragmented nature and cultural diversity of the European market, XPO intends to leverage its technological and service advantages to achieve a leading position in the heavy goods last mile delivery sector. The company aims to drive transformation within the European last mile delivery industry.

01/29/2026 Logistics
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Global Logistics MA Surges Amid Economic Slowdown

Global Logistics MA Surges Amid Economic Slowdown

Despite a global slowdown in M&A, the logistics industry is experiencing growth in mergers and acquisitions. Driven by globalization and e-commerce demands, the fragmented market facilitates M&A activity, which serves as a means to enhance capabilities and achieve rapid expansion. Integration risks and strategic adjustments are crucial considerations. In the future, M&A will continue to drive transformation in the logistics industry, leading to increased industry concentration.

SSA Invests in Oakland Port to Boost West Coast Trade

SSA Invests in Oakland Port to Boost West Coast Trade

Global terminal operator SSA has extended its lease at the Port of Oakland to 2042 and is investing in terminal expansion and equipment upgrades. This demonstrates SSA's confidence in the future development of the Port of Oakland and its proactive response to changes in the global supply chain landscape. The Port of Oakland is striving to play a more important role in global trade by improving efficiency and strengthening environmental protection.

US Manufacturing Growth Slows Amid Declining PMI

US Manufacturing Growth Slows Amid Declining PMI

The US manufacturing PMI declined for the third consecutive month in September. While still above the expansion threshold, key indicators like new orders, production, and employment all showed a downward trend, indicating weakening growth momentum. Experts attribute this to economic uncertainty but maintain that fundamentals remain solid, adopting a cautiously optimistic outlook. Businesses should closely monitor market dynamics and proactively address the risks associated with the economic downturn.

Outpost Raises 500M to Expand Truck Terminal Operations

Outpost Raises 500M to Expand Truck Terminal Operations

Outpost secures $500 million in funding from GreenPoint, increasing its truck terminal network to $1 billion and accelerating national expansion. The new capital will be used for acquisitions, developing new terminals, expanding services, and upgrading its gate automation platform. The goal is to reduce logistics costs, improve operational efficiency, and serve over 3,000 customers. This investment underscores the growing importance of optimized truck infrastructure within the broader supply chain landscape.

01/28/2026 Logistics
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Northwest Seaport Alliance Boosts Pacific Trade Through Cooperation

Northwest Seaport Alliance Boosts Pacific Trade Through Cooperation

The Northwest Seaport Alliance, through the cooperation of the Ports of Seattle and Tacoma, successfully navigated trans-Pacific shipping competition, increased cargo volumes, and invested in infrastructure. The Alliance proactively embraced opportunities presented by the Panama Canal expansion. Focusing on operational efficiency, environmental stewardship, and customer needs, the alliance ultimately achieved significant recognition for excellence in logistics management. Their collaborative approach strengthened their position in the global trade landscape.

Fedex Acquires TNT Express for 48B to Boost European Ecommerce

Fedex Acquires TNT Express for 48B to Boost European Ecommerce

FedEx plans to acquire TNT Express for $4.8 billion, aiming to expand its market share in Europe and better serve the global e-commerce market. This move will enhance FedEx's global competitiveness, improve customer service capabilities, and enable FedEx to capitalize on the continued growth of global e-commerce. Experts believe the acquisition is strategically significant for FedEx, allowing for immediate expansion of its European capabilities, distribution footprint, and market share.

01/26/2026 Logistics
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Kane Is Able Acquires Nexus to Expand Logistics Network

Kane Is Able Acquires Nexus to Expand Logistics Network

Kane Is Able acquired Nexus Distribution Corporation's two regional hubs in the Southeastern and Northeastern US. This marks Kane Is Able's first acquisition in its 85-year history, representing a significant step in its strategic positioning. The acquisition enhances Kane Is Able's logistics capabilities in key US regions and optimizes its nationwide supply chain network. This expansion strengthens their presence and allows for improved efficiency and service delivery across the country.

01/26/2026 Logistics
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US Nonmanufacturing Sector Marks 20 Months of Growth

US Nonmanufacturing Sector Marks 20 Months of Growth

The U.S. ISM Non-Manufacturing Index (NMI) registered 52.7 in July, according to the Institute for Supply Management (ISM). Although slightly lower than the previous month, it marks the 20th consecutive month of growth. This indicates strong resilience in the non-manufacturing sector, continuously injecting momentum into economic growth and providing robust support for economic recovery. The sustained expansion highlights the sector's crucial role in bolstering the overall economic landscape.