Old Dominion Freight Posts Strong Q4 on Market Share Growth

Old Dominion Freight Posts Strong Q4 on Market Share Growth

Old Dominion Freight Line reported strong Q4 performance, with revenue increasing nearly 30%. This growth was driven by increases in both daily LTL tonnage and LTL revenue per hundredweight. The company continues to gain market share through superior service and network coverage. Old Dominion is also actively investing in future development to address industry challenges and capitalize on opportunities, positioning itself for continued success in the LTL freight market.

01/19/2026 Logistics
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US Service Sector Growth Slows but Stays Strong in June

US Service Sector Growth Slows but Stays Strong in June

The US Services PMI decreased from 64 in May to 60.1 in June. While the growth rate slowed, it remained above the 50 threshold, indicating the service sector has been expanding for 13 consecutive months. Supply chain bottlenecks, labor shortages, and inflationary pressures may have contributed to the slowdown. The service sector remains a key driver of US economic growth. Continued monitoring of PMI trends is necessary to assess the sector's performance and its impact on the overall economy.

01/19/2026 Logistics Industry Insights
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SEKO Logistics Partners with Ridgemont to Boost Global Growth Tech

SEKO Logistics Partners with Ridgemont to Boost Global Growth Tech

SEKO has received an investment from Ridgemont Equity Partners to accelerate its global expansion and technology upgrades. Greenbriar Equity Group will continue its investment in SEKO, focusing on e-commerce, white-glove services, and freight forwarding. This new investment will help SEKO further enhance its capabilities and expand its reach in the rapidly evolving logistics landscape, allowing them to better serve their customers worldwide.

01/19/2026 Logistics
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Lufthansa Cargo Gains Market Share As Ecommerce Boosts Q2 Growth

Lufthansa Cargo Gains Market Share As Ecommerce Boosts Q2 Growth

Lufthansa Cargo experienced a significant increase in revenue and profit in the second quarter, driven by strong demand from e-commerce. Through a diversified business portfolio, strategic expansion, and the integration of ITA Airways, Lufthansa Cargo is actively increasing its market share and solidifying its leadership position in the European and global freight markets. Looking ahead, Lufthansa Cargo is expected to maintain its strong growth momentum, capitalizing on the continued rise of e-commerce and strategic initiatives.

01/19/2026 Logistics
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Saudi Riyal to Yuan Exchange Rates Stabilize Amid Trade Growth

Saudi Riyal to Yuan Exchange Rates Stabilize Amid Trade Growth

BigNumber Cross-border offers real-time and accurate Saudi Riyal to Chinese Yuan exchange rate conversion services, along with detailed exchange rate trend analysis and convenient currency conversion tools. We help you easily navigate cross-border payment challenges, reduce costs, and improve efficiency. Seize the best exchange opportunities to maximize profits and ensure your business runs smoothly in the global market. Our services empower you to make informed decisions and optimize your financial transactions when dealing with the Saudi Riyal.

01/20/2026 Exchange Rate Query
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White House Advisor Proposes Dual Strategy for Growth Inflation Control

White House Advisor Proposes Dual Strategy for Growth Inflation Control

Jared Bernstein, Chairman of the Council of Economic Advisers, interprets the current US economic situation from a 'freight perspective,' emphasizing a dual-engine strategy of 'stable growth and controlled inflation.' He focuses on trade structure, consumer spending, and supply chain resilience. While cautiously optimistic about the future of the US economy, he believes that the government, businesses, and the public must work together to achieve long-term economic prosperity. The administration is focused on mitigating inflation while maintaining a strong job market.

01/20/2026 Logistics Industry Insights
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US Service Sector Growth Cools in May Amid Employment Concerns

US Service Sector Growth Cools in May Amid Employment Concerns

The US Services PMI for May indicates a slowdown in growth, though the sector remains in expansion. Key concerns include a contraction in employment indicators and an accumulation of inventories. Experts suggest an uncertain economic outlook, but the resilience of the service sector provides support. Attention should be paid to inflation, the labor market, and adjustments in business inventories. The slowing growth coupled with inventory issues suggests potential headwinds for the broader economy despite the sector's continued expansion.

01/20/2026 Logistics Industry Insights
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Ben Yaakov Airport Expands Amid Rising Tourism in Northern Israel

Ben Yaakov Airport Expands Amid Rising Tourism in Northern Israel

Ban Yakov Airport, located in Rosh Pina, Israel, serves as a medium-sized airport with two high-quality asphalt runways supporting both domestic and international flights. Equipped with modern aviation communication facilities, the airport is dedicated to enhancing flight safety and efficiency, positioning itself as a crucial hub for air traffic in the northern region.

08/04/2025 Airport Codes
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Phoenixmesa Gateway Airport Expands As Key Arizona Transit Hub

Phoenixmesa Gateway Airport Expands As Key Arizona Transit Hub

Phoenix-Mesa Gateway Airport serves as a vital aviation hub in Arizona, offering multiple routes and a wide range of flight options, dedicated to providing passengers with efficient and convenient air travel services. The airport is equipped with several runways and comprehensive air traffic management frequencies, facilitating the smooth operation of overall aviation activities.

08/08/2025 Airport Codes
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Katukurunda Air Force Base Sri Lankas Key Military Hub

Katukurunda Air Force Base Sri Lankas Key Military Hub

The Katukurunda Air Force Base is located in Kalutara, Sri Lanka, and serves as a small airport with the ICAO code VCCN. It features a 3,200-foot long asphalt runway and operates air traffic control on a frequency of 118.4 MHz. This base plays a significant role in national defense and emergency rescue operations.

08/08/2025 Airport Codes
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