HMM Debuts First Methanolpowered Global Shipping Route

HMM Debuts First Methanolpowered Global Shipping Route

South Korean HMM plans to pilot the world's first green shipping route by 2027, connecting Busan and Ulsan with Seattle and Tacoma. This route will utilize methanol-fueled container ships and car carriers, aiming for zero-carbon emissions during maritime transport. The South Korean government is actively promoting clean fuel supply and has established a consortium with shipping companies and fuel suppliers to support green shipping. This initiative contributes to the global shipping industry's green transformation.

02/11/2026 Logistics
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Cosco Shipping Profits Surge 449 Amid Global Trade Shifts

Cosco Shipping Profits Surge 449 Amid Global Trade Shifts

COSCO SHIPPING Holdings expects a 449% surge in net profit for 2019, reaching 6.76 billion yuan. This significant growth is attributed to its 'outperforming' strategy, global expansion, synergies from the acquisition of Orient Overseas, equity incentives, and asset optimization. These factors enabled the company to effectively navigate external challenges and achieve remarkable performance. Looking ahead, COSCO SHIPPING Holdings will continue to deepen reforms, embrace digital transformation, and solidify its leading position in the global shipping industry.

China Mexico Boost Cultural Tourism Ties at World Cup

China Mexico Boost Cultural Tourism Ties at World Cup

The China-Mexico "Transformation and Innovation Seminar" focuses on the opportunity presented by the 2026 World Cup. It proposes deepening cooperation in three core areas: cultural tourism promotion, social media engagement, and coordinated event services, with Mexico City as a pivotal point. The seminar also suggests facilitating personnel exchanges, implementing technological innovation, deepening cultural understanding, and improving the quality of people-to-people exchanges. These efforts aim to promote a higher quality of development in China-Mexico relations.

Mexicos Export Boom Attracts Higherquality Chinese Investments

Mexicos Export Boom Attracts Higherquality Chinese Investments

Mexico's exports are rebounding strongly, and its manufacturing sector is undergoing a structural transformation, with non-automotive manufacturing becoming a growth engine. Chinese companies need to seize this opportunity, shifting from cost-driven to value-driven approaches. Focus should be placed on technological manufacturing, enhancing local production capabilities and compliance standards to gain a competitive edge in the North American market. This requires a strategic shift towards higher value-added activities and a stronger commitment to local integration.

UPS Cuts Jobs Amid Strategic Overhaul and Industry Pressures

UPS Cuts Jobs Amid Strategic Overhaul and Industry Pressures

UPS plans to lay off 30,000 employees and reduce its Amazon business, reflecting a strategic shift to decrease dependence on a single client and focus on higher-profit ventures. FedEx is also cutting jobs in France, signaling increased competition and cost pressures within the logistics industry. The sector needs to innovate, optimize operations, and expand into high-value-added services to navigate these changes. This transformation highlights the need for diversification and efficiency in a rapidly evolving market.

Chinese Firms Dominate Japans TV Market

Chinese Firms Dominate Japans TV Market

The Japanese TV market is undergoing a significant transformation, with Chinese-funded enterprises increasingly dominating brands like Sony and Toshiba. TCL and Hisense, among other Chinese brands, are rapidly gaining market share in Japan. It is projected that 'Chinese-funded' TVs will become the market leader, marking a profound shift in the Japanese television manufacturing industry. This trend reflects a change in brand ownership and highlights the growing influence of Chinese companies in the global TV market.

Anxian Da Cold Chain Revamps Fresh Food Logistics Postyiguo Transition

Anxian Da Cold Chain Revamps Fresh Food Logistics Postyiguo Transition

Fresh express delivery service provider, Andes, transforms into a third-party cold chain logistics company, taking over from Cainiao to build a full-link service called 'Reindeer Cold Chain'. It focuses on platform-based operations, optimizing warehouse networks, and driving digital transformation to empower the fresh food industry. The aim is to provide comprehensive cold chain solutions, from storage and transportation to last-mile delivery, ensuring the freshness and quality of perishable goods for e-commerce businesses and consumers.

US Rail Freight Struggles Amid Strong Intermodal Demand

US Rail Freight Struggles Amid Strong Intermodal Demand

The US rail freight market is currently experiencing a complex situation. Traditional freight volumes have slightly decreased, influenced by factors such as the energy transition. However, intermodal transportation is growing against the trend, benefiting from its cost-effectiveness, efficiency, and environmental advantages. Overall, the market is undergoing a transformation, with intermodal transport serving as a growth engine. The industry needs to adapt to changes, embrace innovation for sustainable development, and contribute more significantly to the US economy.

02/11/2026 Logistics
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US Rail Freight Volumes Decline Amid Industry Challenges

US Rail Freight Volumes Decline Amid Industry Challenges

The latest data from the Association of American Railroads shows that for the week ending July 16, U.S. rail freight and intermodal volumes both declined year-over-year. The report analyzes changes in freight volumes across different commodity categories, revealing the impact of supply chain bottlenecks, economic slowdown, and increased competition on rail transport. Despite these challenges, the rail transport industry still has development potential and needs to seize opportunities, address challenges, and achieve transformation and upgrading.

02/11/2026 Logistics
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US Rail Freight Gains in Carloads Loses in Intermodal

US Rail Freight Gains in Carloads Loses in Intermodal

For the week ending April 9, U.S. rail carload traffic increased by 1.4% year-over-year, while intermodal volume decreased by 3.1%. Coal and motor vehicle shipments increased, while petroleum and metallic ores shipments declined. Total North American rail traffic decreased by 3.7% year-over-year. Digital transformation, intermodal innovation, and sustainable development are future trends. The mixed performance highlights the complex interplay of factors influencing the rail freight sector, reflecting broader economic conditions and shifting transportation demands.

02/11/2026 Logistics
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