Procurement Chiefs Focus on Cost Cuts to Lift Profits

Procurement Chiefs Focus on Cost Cuts to Lift Profits

A Consero Group survey reveals that most Chief Procurement Officers (CPOs) prioritize short-term cost reduction, reflecting a pragmatic choice in the current economic climate. Successful CPOs need to balance short-term cost control with long-term strategic sourcing. Digital transformation empowers new value in procurement, highlighting the increasing strategic importance of the procurement function in the future. This shift requires CPOs to be both cost-conscious and forward-thinking, adapting to evolving market demands and leveraging technology for sustainable competitive advantage.

02/04/2026 Logistics Industry Insights
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Silver Prices Surge Past 100 Amid Market Uncertainty

Silver Prices Surge Past 100 Amid Market Uncertainty

Silver prices surged past $100/ounce, reaching an all-time high, driven by industrial demand, supply constraints, and retail investor influx. This article reviews significant historical events in the silver market, including the Hunt brothers' corner and the 2021 silver squeeze, and analyzes current market risks and opportunities. Investors should be wary of market volatility and invest rationally. The surge highlights the complex interplay of factors influencing silver's value and underscores the need for careful consideration before investing in this precious metal.

02/04/2026 Exchange Rate Query
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SEKO Logistics Secures Investment from Ridgemont Equity Partners

SEKO Logistics Secures Investment from Ridgemont Equity Partners

SEKO has received an investment from Ridgemont Equity Partners to accelerate its global expansion and technology upgrades. Greenbriar Equity Group will retain a minority stake in the company. SEKO is focused on e-commerce, value-added services, and cybersecurity. The investment will help SEKO further enhance its capabilities and expand its reach in these key areas, solidifying its position as a leading provider of global logistics solutions. This strategic partnership aims to drive innovation and growth in a rapidly evolving market.

02/04/2026 Logistics
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Global Electronics Shipping Faces Stricter Rules Beyond UN383

Global Electronics Shipping Faces Stricter Rules Beyond UN383

International express customs clearance for battery goods requires more than just UN38.3 compliance. While fundamental, MSDS/SDS, Dangerous Goods Declaration, destination compliance certifications, proof of goods' purpose and value, and supplementary documents for special categories are equally crucial 'hidden checkpoints'. This article provides a detailed interpretation of these key documents, helping you mitigate customs clearance risks and ensure smooth passage of your goods. Successfully navigating these requirements is essential for avoiding delays and ensuring compliant international shipping of battery-powered items.

02/04/2026 Customs Knowledge
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Turkey Imposes 2026 Ecommerce Tax on Crossborder Sellers

Turkey Imposes 2026 Ecommerce Tax on Crossborder Sellers

Turkey will abolish the tax exemption for low-value cross-border e-commerce goods in 2026, requiring all imported goods to be declared through regular procedures. The new regulations aim to ensure product safety, protect local industries, and achieve compliance. Cross-border sellers from China need to pay attention to challenges such as increased costs, longer fulfillment times, and higher compliance requirements. It is recommended to optimize product selection, operate in compliance, adjust pricing strategies, optimize logistics solutions, and diversify markets.

02/04/2026 Customs Knowledge
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XPO Splits LTL and Brokerage Units to Drive Growth

XPO Splits LTL and Brokerage Units to Drive Growth

XPO Logistics plans to spin off its North American truck brokerage and LTL businesses, as well as divest its European and North American intermodal operations. The goal is to create two industry-leading public companies, improving operational efficiency and shareholder value. This move will allow each business segment to focus more effectively on market opportunities and address the evolving competitive landscape. The restructuring aims to unlock potential and drive growth within the separate entities, ultimately benefiting stakeholders through enhanced specialization and strategic agility.

02/05/2026 Logistics
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XPO Restructures LTL and Brokerage Units for Growth

XPO Restructures LTL and Brokerage Units for Growth

XPO Logistics announced a strategic restructuring, spinning off its North American truck brokerage and less-than-truckload (LTL) businesses into separate publicly traded companies. It will also divest its European and intermodal businesses. This move aims to focus on core competencies, unlock growth potential, and establish industry leaders in their respective fields. While the strategic shift presents challenges, it also creates new opportunities within the logistics sector. The restructuring is expected to allow each entity to pursue focused strategies and maximize shareholder value.

02/05/2026 Logistics
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V6 Home Furnishings Expands Techintegrated Comfort Line

V6 Home Furnishings Expands Techintegrated Comfort Line

V6 Home, under the theme "Vibrant V6, High-Quality Growth," released its 2026 Spring collection, focusing on technological comfort and a youthful lifestyle. Through innovative products like the 6D honeycomb core mattress, collaborations with trendy IP brands, and comprehensive empowerment of distributors, V6 Home is actively building a user-centered home ecosystem with technology at its core. The aim is to lead the industry's transformation from product sales to solution provision, jointly creating a more vibrant home furnishing industry value network.

02/05/2026 Logistics Industry Insights
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Beginners Guide to Amazon Product Selection Strategies

Beginners Guide to Amazon Product Selection Strategies

This article provides a product selection strategy based on Seller Sprite for new Amazon sellers. By setting key indicators such as monthly sales, average order value, and number of reviews, it filters out products with less competition and higher profit margins. It also emphasizes the importance of avoiding infringement risks and continuous optimization and iteration, aiming to help new sellers get off to a solid start on the Amazon platform. The strategy focuses on data-driven decisions for identifying viable product opportunities.

02/05/2026 Logistics Encyclopedia
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Air Canada Launches New Winter Route to Sapporo

Air Canada Launches New Winter Route to Sapporo

Air Canada plans to expand its international routes in winter, including new direct flights from Toronto to Sapporo, aiming to capture the premium business travel market. This move faces challenges such as labor negotiations, and its future development is worth watching. The expansion signifies Air Canada's strategic focus on attracting high-value customers through enhanced international connectivity and premium services. The success of this initiative will depend on navigating the complexities of labor relations and effectively competing in the global aviation landscape.

02/05/2026 Airlines
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