Gates Backs Convoys 62M Funding to Rival Uber Freight

Gates Backs Convoys 62M Funding to Rival Uber Freight

Freight software company Convoy secured $62 million in funding led by Bill Gates, positioning itself as a challenger to Uber Freight. Convoy leverages technology to optimize freight processes and reduce empty miles, attracting clients like Unilever. The U.S. freight market is vast but inefficient, and companies like Convoy are driving digital transformation within the industry, aiming for more efficient, transparent, and sustainable transportation. This investment highlights the growing interest in tech-driven solutions to modernize the logistics sector and address its inherent inefficiencies.

01/29/2026 Logistics Industry Insights
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STB Scrutinizes Union Pacifics Rail Reforms to Safeguard Supply Chains

STB Scrutinizes Union Pacifics Rail Reforms to Safeguard Supply Chains

Union Pacific's ongoing transformation to Precision Scheduled Railroading (PSR) has garnered significant attention. To prevent service disruptions, the STB and Union Pacific have agreed to hold weekly meetings. Union Pacific has committed to transparent communication and phased implementation, while the STB will actively monitor the process. This collaboration aims to ensure the stability and reliability of rail transport services, ultimately improving supply chain efficiency and promoting regional economic development. The focus is on a smooth transition to PSR while maintaining service levels.

01/29/2026 Logistics
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Convoy Launches TMS Platform to Streamline Freight Management

Convoy Launches TMS Platform to Streamline Freight Management

Convoy introduces an integrated online platform combining the Shipper Platform and Convoy Connect TMS, designed to enhance freight management efficiency. The platform helps shippers reduce costs and shorten lead times through automated tendering, optimized routing, and real-time visibility. Simultaneously, this integration leverages network effects to create more profitable opportunities for carriers, thereby strengthening the overall efficiency and competitiveness of the freight network. It aims to streamline operations and provide a more connected and transparent experience for both shippers and carriers.

01/30/2026 Logistics
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China Mandates Ecommerce Tax Withholding for Crossborder Trade

China Mandates Ecommerce Tax Withholding for Crossborder Trade

E-commerce platforms are implementing income tax withholding services to simplify tax filing for cross-border businesses and reduce compliance costs. This marks a new phase in industry tax compliance, benefiting long-term standardization. Sellers should closely monitor platform announcements, assess their tax situation, optimize cost structures, and flexibly choose reporting methods. This initiative aims to streamline the process and ensure greater adherence to tax regulations within the cross-border e-commerce sector, ultimately promoting a more regulated and transparent business environment.

01/30/2026 Customs Knowledge
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Tech and Workforce Focus Reshape Global Supply Chains

Tech and Workforce Focus Reshape Global Supply Chains

The 2024 MHI Annual Industry Report reveals a surge in technology investments within the supply chain, focusing on key technologies like AI, robotics, and IoT. The report emphasizes the importance of both technology enablement and a human-centered approach to build a collaborative supply chain ecosystem. This ecosystem is designed to address market challenges and improve efficiency and resilience. The report highlights the future direction of supply chains: intelligent, automated, transparent, and collaborative, providing valuable insights for businesses navigating the evolving landscape.

02/03/2026 Logistics Industry Insights
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US Ocean Freight Pricing and Route Optimization Guide

US Ocean Freight Pricing and Route Optimization Guide

This article provides an in-depth analysis of the US sea freight line price list, emphasizing its importance in offering transparent pricing, optimizing route selection, evaluating transit times, understanding additional services, and considering the reliability of service providers. It aims to empower users to make informed decisions, ultimately achieving cost reduction and efficiency improvements in their shipping operations. The guide highlights key factors to consider when comparing different sea freight options and selecting the most suitable service for specific needs.

02/02/2026 Logistics
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Taiwanchina Trade Picking the Right Logistics Partner

Taiwanchina Trade Picking the Right Logistics Partner

This article aims to assist businesses in selecting the right shipping logistics company for Taiwan to Mainland China routes. It emphasizes the importance of experience, customized services, and stable shipping routes, recommending companies like Yang Ming Marine Transport Corporation, Evergreen Marine Corporation, Wan Hai Lines, and U-Ming Marine Transport Corporation. The article also provides key selection criteria, including transparent pricing, insurance coverage, and customs clearance capabilities. Furthermore, it offers answers to frequently asked questions, helping businesses efficiently conduct cross-strait trade.

02/02/2026 Logistics
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Eastsouthern Africa Customs Officials Tackle Transfer Pricing

Eastsouthern Africa Customs Officials Tackle Transfer Pricing

A joint workshop by the World Customs Organization (WCO) and the OECD aimed to enhance the expertise of customs officials in East and Southern Africa on transfer pricing and customs valuation. The initiative promotes regional customs cooperation, maintains fair trade practices, and combats tax evasion. By strengthening the capacity of customs administrations in these areas, the workshop supports efforts to ensure accurate valuation of goods and prevent illicit financial flows, ultimately contributing to a more transparent and equitable global trading system.

02/02/2026 Customs Knowledge
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Damcos Twill Digitizes Global Supply Chains

Damcos Twill Digitizes Global Supply Chains

Damco's Twill platform optimizes global freight forwarding through digital capabilities. It offers online booking, tracking, and data analytics, simplifying processes, reducing risks, and improving supply chain efficiency. The platform aims to provide a more transparent and streamlined experience for businesses managing their international shipments. By leveraging digital tools, Twill empowers users with greater control and visibility over their cargo, ultimately leading to cost savings and improved operational performance. This digital approach to freight forwarding helps businesses navigate the complexities of global trade.

02/04/2026 Logistics
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Ghana Modernizes Customs with WCO Assistance

Ghana Modernizes Customs with WCO Assistance

The World Customs Organization (WCO), through the WACAM project, supports the Ghana Revenue Authority (GRA) in enhancing stakeholder engagement to foster a more transparent and efficient tax environment. Through training and pilot consultative committee meetings, the GRA strengthens its connections with businesses and the public, collaboratively addressing issues and improving service quality. This process culminates in an action plan to drive customs modernization. The initiative aims to build trust and cooperation, leading to a more effective and responsive customs administration in Ghana.

02/03/2026 Customs Knowledge
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