10 Roads Express Shuts Down Following USPS Contract Changes

10 Roads Express Shuts Down Following USPS Contract Changes

10 Roads Express, a major US trucking company, has collapsed due to a sharp decline in revenue caused by the US Postal Service reform, resulting in the loss of 2,000 jobs. This highlights the risks of over-reliance on a single client and the challenges and transformation needs facing the logistics industry. This article analyzes the reasons for the bankruptcy, its impact on the industry, and prospects for future development trends in the logistics sector. The postal service changes significantly impacted their business model.

01/08/2026 Logistics
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Deutsche Postbank Introduces SWIFT Code for Faster Global Transfers

Deutsche Postbank Introduces SWIFT Code for Faster Global Transfers

Deutsche Bank's postal branch has the SWIFT code PBNKDEFF014, providing customers with fast and secure international remittance services. Located in Fielklingen, the branch can process funds within 24 hours, while payments via direct debit typically take 3 business days. Customers transferring USD to EUR can expect clear and transparent remittance amounts, enhancing the convenience of fund flow.

09/04/2025 International Settlement
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Common Issues and Solutions in Inspection Process

Common Issues and Solutions in Inspection Process

In international trade, inspections are crucial for ensuring the compliance of goods. Occasionally, the first inspection may classify items correctly but report incorrect quantities, necessitating a resubmission. The second inspection might have accurate counts but incorrect classifications, affecting the declaration process. While designating freight forwarders is not intended to cause issues, a company's credit rating and violation history can increase the likelihood of inspections.

07/18/2025 Logistics Encyclopedia
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Container Ship’s Certificate: An Essential Document for International Cargo Transportation

Container Ship’s Certificate: An Essential Document for International Cargo Transportation

The container ship certificate is a crucial document that verifies goods have been loaded onto a container ship. This certificate can be generated and stamped by the beneficiary or noted through a bill of lading. When required by a letter of credit, issuing banks typically accept certificates from multiple parties, especially in transactions from the Middle East and Africa, where document personnel need appropriate knowledge.

07/18/2025 Logistics Encyclopedia
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China Enforces Stricter Freight Rules to Curb Overloading Risks

China Enforces Stricter Freight Rules to Curb Overloading Risks

This article introduces key terms in freight logistics, such as single release, single drag, double drag, and double back, explaining their definitions and distinctions. It provides a detailed analysis of these terms in light of the new traffic regulations implemented on September 21, helping readers better understand industry terminology. The article focuses on the reasons for the new regulations, particularly the punitive measures for overloading and their profound impact on freight methods.

07/28/2025 Logistics Encyclopedia
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Amazon Sellers Adopt Split Shipments to Cut Inventory Costs

Amazon Sellers Adopt Split Shipments to Cut Inventory Costs

Amazon's frequent inventory splitting increases seller operating costs. This article analyzes Amazon's inventory placement logic and provides practical consolidation strategies, such as single-box single-SKU, uniform box specifications, and integer shipments, to help you minimize inventory splitting, reduce first-leg shipping costs, and increase profit margins. It also reminds sellers to pay attention to inventory balance to avoid the impact of stock-outs on sales, ultimately achieving cost reduction and efficiency improvement.

12/30/2025 Logistics
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GM Advances Supply Chain Sustainability with ESG Initiatives

GM Advances Supply Chain Sustainability with ESG Initiatives

General Motors has announced a new ESG commitment, inviting global suppliers to jointly dedicate themselves to carbon neutrality, social responsibility projects, and sustainable procurement practices. This initiative aims to promote the green transformation and sustainable development of the entire automotive industry chain, while also enhancing the stability and competitiveness of the supply chain. The commitment underscores GM's dedication to environmental and social responsibility, pushing for a more sustainable future in the automotive sector through collaborative efforts with its suppliers.

01/19/2026 Logistics Industry Insights
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Chatgpt Enhances SEO Strategies for Independent Websites

Chatgpt Enhances SEO Strategies for Independent Websites

This article provides an in-depth analysis of leveraging AI tools like ChatGPT to empower independent station SEO. It covers key strategies such as upgrading keyword strategies, optimizing content, enhancing user experience, building external links, optimizing for mobile devices, improving social media presence, and avoiding black hat SEO techniques. By implementing these strategies, independent stations can improve their search engine rankings, attract more traffic and customers, and ultimately achieve business growth.

01/05/2026 Logistics Encyclopedia
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TD Bank SWIFT Code Guide for International Transfers

TD Bank SWIFT Code Guide for International Transfers

The SWIFT code for Toronto-Dominion Bank (TDOMCATTMTL) is a crucial tool for international remittance. Understanding its components ensures the safety and accuracy of your funds during transfer. It is vital to avoid minor errors when confirming the SWIFT code, especially for business clients, as timely and secure cash flow is essential.

08/18/2025 International Settlement
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