CEVA Logistics Boosts Growth with Restructuring and New Funding

CEVA Logistics Boosts Growth with Restructuring and New Funding

CEVA Logistics significantly reduced debt and enhanced financial flexibility through asset restructuring and capital injection, providing financial support for future development. The company will invest in technology upgrades to meet customer demands for transparency, visibility, and traceability. While the IPO plan has been put on hold, CEVA will continue to focus on innovation and growth. This strategic shift aims to strengthen its market position and improve operational efficiency in the competitive logistics landscape.

02/04/2026 Logistics
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Express 100 Wins Dual Awards for AI Logistics Innovation

Express 100 Wins Dual Awards for AI Logistics Innovation

Kuaidi100 won two awards at the International Science and Technology Innovation Festival. Its smart knowledge graph, driven by AI, enables intelligent delivery time estimation, contributing to industry upgrades and leading the development of smart logistics. This AI-powered approach enhances efficiency and accuracy in logistics operations, providing valuable insights for businesses and consumers alike. Kuaidi100's innovation exemplifies the transformative potential of AI in reshaping the logistics landscape and driving digital transformation across the sector.

02/05/2026 Logistics
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X Platform Opensources Social Media Algorithm Boosting Transparency

X Platform Opensources Social Media Algorithm Boosting Transparency

X Platform announced the complete open-sourcing of its recommendation algorithm, becoming the first major social media platform to do so. The algorithm, based on the Transformer architecture and Grok technology, recommends content by analyzing user behavior data. This move aims to leverage community power to optimize the algorithm and promote transparency in social media algorithms. The open source initiative is expected to foster collaboration and improve the overall user experience on the platform.

02/05/2026 Logistics Industry Insights
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Transsion Holdings Profits Decline As Costs Rise Revenue Falls

Transsion Holdings Profits Decline As Costs Rise Revenue Falls

Transsion Holdings experienced a slight revenue decrease of 4.58% in 2025, but a significant net profit drop of over 50%. This was primarily due to rising prices of key components like memory, coupled with increased investment in brand building and technology R&D. These factors led to higher costs and expenses, squeezing profit margins. The company's ability to effectively control costs and enhance its technological competitiveness will be crucial for future performance.

02/05/2026 Logistics Industry Insights
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Asiapacific Customs Adopts Tech for Smarter Borders

Asiapacific Customs Adopts Tech for Smarter Borders

The WCO Asia Pacific region launched a series of workshops on disruptive technologies, focusing on the application of technologies like blockchain, AI, and IoT in customs. The conference aims to share experiences, gather feedback, update WCO related research reports, and promote international cooperation, technology standardization, regulatory improvement, and talent development to jointly build smart customs. The goal is to leverage these technologies to enhance trade facilitation and improve customs efficiency and effectiveness.

02/05/2026 Customs Knowledge
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Egypts GOEIC Enhances Trade Efficiency With Tech Upgrades

Egypts GOEIC Enhances Trade Efficiency With Tech Upgrades

This paper analyzes the efforts of the Egyptian General Organization for Export and Import Control (GOEIC) in trade facilitation, focusing on the significant improvements in customs clearance efficiency resulting from its information technology projects. Data shows that cargo release times have been reduced from 7-15 days to 30 minutes-3 days. The paper summarizes Egypt's experience and proposes future prospects for further enhancing trade efficiency through the utilization of big data analytics.

02/05/2026 Customs Knowledge
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Botswana Customs Enforces Green Trade and Environmental Compliance

Botswana Customs Enforces Green Trade and Environmental Compliance

Botswana Customs plays a crucial role in environmental compliance by enforcing international and domestic regulations, collaborating with various departments, and implementing risk management and compliance programs to protect the environment. Moving forward, Botswana Customs will continue to strengthen capacity building, leverage information technology, and collaborate with other agencies to ensure environmental compliance. This includes enhancing enforcement capabilities, promoting awareness, and fostering partnerships to address environmental challenges related to trade and customs activities.

02/05/2026 Customs Knowledge
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WTO Updates Global Trade Guidelines with Expanded Single Window System

WTO Updates Global Trade Guidelines with Expanded Single Window System

The WCO Single Window Guidelines need updating to reflect evolving trade practices. Recommendations include integrating technology, strengthening risk management, learning from best practices, and collaborative updates. This aims to build an efficient, secure, and inclusive system that facilitates seamless cross-border trade. The updated guidelines should address emerging challenges and opportunities in the global trade landscape, ensuring that Single Window systems remain relevant and effective in promoting trade facilitation and economic growth.

02/05/2026 Customs Knowledge
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Guide to Authenticating Luxury Goods from Hong Kong to Thailand

Guide to Authenticating Luxury Goods from Hong Kong to Thailand

This article provides a detailed guide to authenticating luxury goods purchased from Thailand, particularly those shipped directly from Hong Kong. It focuses on six key aspects to effectively distinguish genuine products from counterfeits and protect consumer rights. These aspects include analyzing logistics information, external packaging, invoices and receipts, product details, anti-counterfeiting technology, and after-sales service. By carefully examining these elements, consumers can minimize the risk of purchasing fake or substandard luxury items.

02/06/2026 Logistics Encyclopedia
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Zambia Simplifies International Transfers With SWIFTBIC Guide

Zambia Simplifies International Transfers With SWIFTBIC Guide

This article provides a detailed explanation of the structure, lookup methods, and applications of SWIFT/BIC codes in Zambia. It addresses frequently asked questions to help readers understand and correctly use SWIFT/BIC codes for international bank transfers, ensuring secure and efficient cross-border financial transactions. Furthermore, the article explores the integration trends of SWIFT/BIC codes with financial technology, highlighting the evolving landscape of international banking and the role of these codes in facilitating modern financial operations.

09/02/2025 International Settlement
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