UPS Slashes 30000 Jobs to Cut Amazon Dependence Improve Margins

UPS Slashes 30000 Jobs to Cut Amazon Dependence Improve Margins

Logistics giant UPS announced 30,000 job cuts and the closure of 24 facilities to accelerate its shift away from lower-margin Amazon deliveries and towards higher-profit freight services. While the company anticipates a short-term revenue impact, it projects $3 billion in annual cost savings and more stable earnings growth. UPS will also advance a voluntary driver buyout program and restructure its freight network. This strategic move aims to improve profitability and long-term financial performance by focusing on more lucrative segments of the logistics market.

02/05/2026 Logistics
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Mirxes Raises 90M to Expand Cancer Early Detection Globally

Mirxes Raises 90M to Expand Cancer Early Detection Globally

Mirxes secured over HKD 700 million in financing eight months after its IPO, with a placement price nearly 40% above the issue price, demonstrating investor confidence in its early screening technology. The funds will be used for R&D, commercialization, and global expansion. As a leading early screening company in Asia, Mirxes boasts a diverse product pipeline and AI partnerships, positioning it for further breakthroughs in precision medicine. Amidst tightening IPO regulations in Hong Kong, its compliance and growth potential make it a scarce and valuable asset.

U品 Group Boosts Crossborder Ecommerce Via Smart Logistics

U品 Group Boosts Crossborder Ecommerce Via Smart Logistics

UPin Group received the "Trailblazer" award at the Amazon TSPN Annual Service Provider Conference, highlighting its leading position in cross-border logistics. The company will continue to focus on the overseas logistics needs of enterprises, keep up with platform policies, deepen partnerships, and utilize intelligent logistics systems and a global warehousing and distribution network to help Chinese enterprises achieve globalization. UPin Group aims to empower businesses with efficient and reliable cross-border solutions, facilitating their expansion into international markets through its comprehensive logistics infrastructure and strategic collaborations.

Exporters Urged to Build Personal Brands Amid Market Shifts

Exporters Urged to Build Personal Brands Amid Market Shifts

This article reveals the realities of the foreign trade workplace, breaking the "loyalty trap" and emphasizing personal value and indispensability. It advises foreign trade professionals to conduct regular "net worth checkups" and leverage company resources to build a personal brand. The goal is to transition from a salesperson to an industry expert, earning customer trust and ultimately achieving career breakthroughs and increased value. By focusing on personal branding and skill development, foreign trade professionals can navigate the complexities of the industry and achieve long-term success.

Aidriven GEO Marketing Boosts Foreign Trade Factories

Aidriven GEO Marketing Boosts Foreign Trade Factories

This article delves into GEO marketing as a novel approach to foreign trade customer acquisition in the AI era, highlighting its complementarity to traditional SEO. It emphasizes market segmentation, content localization, omni-channel distribution, and data optimization to help foreign trade factories improve AI recommendation rates and inquiry conversion. [Company Name - if available, otherwise omit] provides a full-process GEO marketing solution, empowering factories with precision and enabling them to seize global market opportunities. This approach allows for targeted outreach and improved ROI in international markets.

Chinese Noodle Chain Yang Guo Fu Expands Success in Europe

Chinese Noodle Chain Yang Guo Fu Expands Success in Europe

Yang Guofu Mala Tang is accelerating its global expansion, using Europe as a bridgehead. Positioning itself as a 'light meal' similar to Japanese ramen, its average transaction price is significantly higher than traditional fast food. Through standardized operations, strict supply chain management, and an efficient local team, Yang Guofu has successfully shifted its customer base in Europe from international students to local middle-class consumers. The company is actively building social scenes and striving to become a leading Asian restaurant chain brand in Europe.

Shanghaithailand Sea Freight Expands Doortodoor Services

Shanghaithailand Sea Freight Expands Doortodoor Services

This article provides an in-depth analysis of the Sea Freight DDP (Delivered Duty Paid) service from Shanghai to Thailand, covering its definition, process, and advantages. This service simplifies import and export procedures by providing a one-stop solution for customs clearance and tax issues, ultimately reducing operational costs for businesses. It is suitable for various cargo types. Choosing a reputable logistics company and providing accurate cargo information are crucial for a smooth and efficient process. The article also evaluates the service's timeliness and cost-effectiveness.

02/06/2026 Logistics
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Amazon Sellers Turn to Brand Acquisitions Amid Rising Losses

Amazon Sellers Turn to Brand Acquisitions Amid Rising Losses

Cross-border e-commerce sellers are facing declining profits and rising costs, with Q1 financial reports showing significant losses. Brand acquisition has emerged as a strategy to alleviate financial pressure and optimize asset allocation. This article analyzes the advantages and disadvantages of brand acquisition and introduces Markai, a brand acquirer focusing on the Chinese market, providing a reference for sellers considering this option. It explores how selling to a company like Markai can help sellers navigate these challenges and potentially exit the market with a financial return.

African Ecommerce Firm Tospino Expands to Vietnam

African Ecommerce Firm Tospino Expands to Vietnam

African cross-border e-commerce platform Tospino plans to enter the Southeast Asian market, starting with Vietnam. After its success in Ghana, Tospino aims to replicate its self-built logistics advantages in Southeast Asia, challenging local market competition. This move signifies Tospino's expansion beyond the African market, showcasing its ambition and capability to serve multiple regions. It brings new dynamism to the cross-border e-commerce industry. The company hopes its logistics network will give it an edge in the highly competitive Vietnamese market.

360 Finance Reports Tenfold Profit Jump on Techdriven Growth

360 Finance Reports Tenfold Profit Jump on Techdriven Growth

360 Finance's financial report reveals a nearly tenfold increase in net profit, attributed to its technology-driven business model. Leveraging big data and AI, 360 Finance has built competitive advantages in risk management, user acquisition, and product innovation. The company is actively expanding into areas like SME lending to seek new growth opportunities. The increasing proportion of institutional funding and the growth in user repeat loan rates further demonstrate its steady development momentum. This showcases the power of technology in driving financial performance and market expansion.