CH Robinson Sells European Surface Transport Unit Amid Restructuring

CH Robinson Sells European Surface Transport Unit Amid Restructuring

C.H. Robinson's sale of its European road transport business to sennder is a strategic move to focus on core business and enhance competitiveness. The acquisition will accelerate sennder's expansion in the European market and solidify its position as a leading digital freight forwarder. This also inspires Chinese logistics companies to focus on their core business, embrace digital transformation, and strengthen international cooperation. The deal highlights the importance of strategic realignment and leveraging digital capabilities in the evolving logistics landscape.

01/27/2026 Logistics
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New US Trucking Rules Draw Mixed Reactions From Drivers

New US Trucking Rules Draw Mixed Reactions From Drivers

The US trucking industry is undergoing adjustments to its Hours of Service (HOS) rules, impacting rest periods, sleeper berth provisions, and short-haul operations. These changes aim to enhance safety but may potentially affect driver earnings. Furthermore, the debate surrounding speed limiters is resurfacing. The revised HOS regulations are intended to reduce driver fatigue and improve overall road safety, although concerns remain about the practical implications and potential unintended consequences for drivers and the industry as a whole.

01/26/2026 Logistics Industry Insights
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Chinas Chancay Port to Transform Latin American Trade

Chinas Chancay Port to Transform Latin American Trade

The upcoming trial operation of COSCO Shipping Ports Chancay Peru marks a significant milestone in China-Peru's Belt and Road cooperation. This port will substantially shorten maritime travel times between Latin America and China, reduce trade costs, and bring economic benefits and employment opportunities to Peru and the Latin American region. The Port of Chancay is poised to become a new hub port in Latin America, driving regional economic development and boosting China-Latin America trade growth.

01/30/2026 Port Encyclopedia
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New English Rules for Truck Drivers May Raise Freight Costs

New English Rules for Truck Drivers May Raise Freight Costs

The US is tightening English proficiency requirements for truck drivers to improve road safety and industry standards. While the new regulations may cause localized capacity constraints, the overall impact is expected to be limited. Companies need to proactively address this by improving their drivers' English skills and ensuring compliance to navigate market challenges effectively. This includes providing English language training and adapting operational procedures to meet the new standards, ultimately fostering a safer and more compliant trucking industry.

01/20/2026 Logistics Industry Insights
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Freight Market Rebounds As Capacity Spending Rise

Freight Market Rebounds As Capacity Spending Rise

This analysis highlights recent positive signals in the freight market, including increased imports, a rebound in road transport, and a recovery in rail transport. It identifies shifting consumer spending patterns as a key driver. However, the market still faces uncertainties related to the macroeconomy, supply chains, and policies. The analysis suggests that companies should strengthen risk management, embrace technological innovation, and focus on sustainable development to navigate challenges and seize opportunities in the evolving freight landscape.

01/30/2026 Logistics Industry Insights
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Landesbank Badenwrttemberg Simplifies SWIFT Code Transfers

Landesbank Badenwrttemberg Simplifies SWIFT Code Transfers

This article provides a comprehensive analysis of LANDESBANK BADEN-WUERTTEMBERG (LBBW)'s SWIFT code, SOLADESTACO. It offers detailed guidance on the code's structure, usage considerations, branch selection, and potential consequences of errors, ensuring safe and efficient cross-border money transfers. By understanding the correct usage, you can avoid remittance delays or loss of funds. This guide aims to equip users with the knowledge needed to confidently navigate international transactions involving LBBW.

09/03/2025 International Settlement
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Guide to Novo Bancos SWIFTBIC Code Explained

Guide to Novo Bancos SWIFTBIC Code Explained

This article provides an in-depth analysis of NOVO BANCO, SA's SWIFT/BIC code, BESCPTPLOSF, detailing its structure, usage considerations, and potential error risks. Readers will gain a better understanding of the SWIFT/BIC code's role in international money transfers, enabling them to avoid remittance pitfalls and ensure funds reach their destination securely and efficiently. The article emphasizes the importance of accurate SWIFT code usage for successful international transactions.

09/03/2025 International Settlement
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Bhutan National Bank SWIFT Code Eases International Transfers

Bhutan National Bank SWIFT Code Eases International Transfers

This article provides a detailed analysis of the SWIFT code BNBTBTBTXXX for Bhutan National Bank. It delves into the structure of SWIFT codes, their usage scenarios, and the potential consequences of incorrect usage. The article emphasizes the importance of verifying the accuracy of the SWIFT code with the recipient or the bank when making international remittances to ensure the safe and efficient arrival of funds at their destination.

09/03/2025 International Settlement
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