Level3ai Raises 13M for Aidriven Customer Engagement in Asiapacific

Level3ai Raises 13M for Aidriven Customer Engagement in Asiapacific

Singapore-based AI company Level3AI has secured $13 million in seed funding. The company focuses on AI agents for enterprise customer interaction, aiming to expand its presence in the Asia-Pacific market. Level3AI provides 'outcome-driven' services, leveraging AI to enhance customer engagement and deliver measurable results for businesses. The funding will be used to further develop its AI agent technology and scale its operations across the region, catering to the growing demand for intelligent customer interaction solutions.

02/12/2026 Logistics Industry Insights
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Yadeas Innovation Drives Electric Twowheeler Market Shift

Yadeas Innovation Drives Electric Twowheeler Market Shift

Yadea is reshaping the two-wheeled electric vehicle industry through technological innovation, particularly breakthroughs in battery technology, such as the application of the Super Sodium 1 sodium-ion battery. The launch of Yadea's Guanneng series meets user demand for high-end, long-range electric vehicles, solidifying its leading position in the industry and ushering in a new era of luxury flagship two-wheeled electric vehicles. Yadea's continuous innovation strengthens its brand and provides consumers with better mobility solutions.

02/03/2026 Logistics Industry Insights
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US Trucking Volumes Rise Signaling Economic Strength in October

US Trucking Volumes Rise Signaling Economic Strength in October

US truckload volume increased year-over-year but decreased month-over-month in October, potentially signaling a positive economic outlook. Industry executives express cautious optimism, acknowledging ongoing challenges such as driver shortages. This mixed performance reflects a complex economic landscape where demand for goods remains relatively strong, but logistical hurdles persist, impacting the efficiency and overall growth of the freight sector. Monitoring truckload volume provides valuable insights into the health and direction of the US economy.

02/04/2026 Logistics
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Ebay Gains Indian Sellers Amid Niche Market Boom

Ebay Gains Indian Sellers Amid Niche Market Boom

eBay India has surpassed 100,000 sellers, revealing the booming cross-border e-commerce in India. Auto parts, home decor, and other items are key export categories. eBay collaborates with the government through the 'Xpansion' program to support Indian sellers. The company plans to promote products with regional characteristics to further expand market coverage. This initiative aims to empower Indian businesses to reach global customers through the eBay platform and capitalize on the growing demand for Indian products worldwide.

12/29/2025 Logistics Industry Insights
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Trucking Market Struggles Amid Weak Rates DAT Reports

Trucking Market Struggles Amid Weak Rates DAT Reports

The DAT report indicates a mixed performance for the truckload freight market in October, with decreased freight volume but slightly increased rates. Analysts attribute this to weak demand, forecasting continued market volatility into 2025. Logistics companies need to optimize costs, improve service quality, expand their customer base, strengthen risk management, and embrace technological innovation to navigate these challenges. The market shows signs of softening, requiring strategic adjustments from industry players to maintain profitability and competitiveness in the evolving landscape.

01/19/2026 Logistics Industry Insights
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US Trucking Industry Faces Overcapacity Rate Volatility in September

US Trucking Industry Faces Overcapacity Rate Volatility in September

The US freight market in September presented a complex scenario of declining volume and rising prices. Dry van and refrigerated freight volumes decreased, while flatbed volumes saw a slight increase. Spot rates edged up, while contract rates remained stable or slightly decreased. Experts attribute the rate increase not to demand, but to capacity imbalances, suggesting a potentially subdued peak season. Small carriers may benefit from rising backhaul rates, but long-term adaptation to market changes is crucial.

01/19/2026 Logistics Industry Insights
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Temus bare Leg Artifact Fuels Crossborder Ecommerce Boom

Temus bare Leg Artifact Fuels Crossborder Ecommerce Boom

The 'Bare Leg Artifact,' known for its unique visual effect and warmth, has quickly gained popularity on cross-border e-commerce platforms like Temu. This product, essentially high-elasticity leggings, creates the illusion of bare legs, catering to consumers' fashion needs in cold weather. Its market potential is substantial, driven by its ability to combine style and comfort. The demand is fueled by the desire to maintain a fashionable appearance without sacrificing warmth during colder seasons.

01/26/2026 HS Code Query
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US Service Sector Expands Amid Employment Worries

US Service Sector Expands Amid Employment Worries

The ISM report indicates that while the non-manufacturing sector has expanded for 24 consecutive months, the employment index fell to 48.9, raising concerns about the economic outlook. Business activity and new orders increased, but the overall growth rate slowed. Inventory buildup may be in anticipation of future demand. Rising prices reflect ongoing cost pressures. Going forward, close attention should be paid to the labor market and the global economic situation to assess the potential impact of these trends.

01/28/2026 Logistics Industry Insights
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US Trucking Industry Faces Freight Recession Amid Challenges

US Trucking Industry Faces Freight Recession Amid Challenges

Bloomberg analyst Krasco interprets the current state of the US freight market: under the shadow of economic recession, the freight market has entered a winter, with overcapacity leading to falling freight rates. He predicts a turnaround may occur in the second half of the year, with large companies expected to benefit. Peak season demand will be more normalized, and inventory digestion is key. Industry practitioners should review their strategies, optimize operations, and prepare for future challenges.

01/28/2026 Logistics Industry Insights
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US Rail Freight Rises for Autos Coal As Intermodal Declines

US Rail Freight Rises for Autos Coal As Intermodal Declines

According to the Association of American Railroads, U.S. rail traffic was mixed for the week ending September 9. Carload traffic saw a slight increase driven by demand for motor vehicles, petroleum, and coal, while intermodal volume continued its decline. For the first 36 weeks of 2023, carload traffic is up 0.1%, but intermodal is down significantly by 9.0%, resulting in a total traffic decrease of 4.8% year-over-year. This reflects ongoing challenges in the U.S. freight market.

02/11/2026 Logistics
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