XPO Sells Intermodal Unit to STG for 710M to Focus on LTL Brokerage

XPO Sells Intermodal Unit to STG for 710M to Focus on LTL Brokerage

XPO Logistics sold its intermodal business to STG Logistics for $710 million, aiming to focus on its core less-than-truckload (LTL) and freight brokerage operations, ultimately creating two independent publicly traded companies. STG Logistics, through the acquisition, builds an end-to-end container logistics platform, enhancing its service capabilities. This move represents a significant step in XPO's strategic transformation and signals potential shifts in the competitive landscape of the logistics industry.

02/11/2026 Logistics
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Understanding Sea Freight Full Container Load Costs: Port Fees and Quotation Analysis

Understanding Sea Freight Full Container Load Costs: Port Fees and Quotation Analysis

The costs of full container load (FCL) shipping include not only the ocean freight but also various local charges, such as port dues, security fees, manifest fees, and seal fees. These costs can vary depending on the port, shipping lines, and freight forwarders. Understanding the standards and calculation methods for these fees can help businesses better manage their budgets during international cargo transportation.

07/18/2025 Logistics Encyclopedia
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Averitt Express Overhauls Retail Distribution for Supply Chain Gains

Averitt Express Overhauls Retail Distribution for Supply Chain Gains

Averitt Express has launched a new Retail Distribution business unit to provide retailers with customized delivery services, optimize supply chain processes, and enhance efficiency and profitability. Initially focusing on the Southern United States market, the unit aims to create an intelligent distribution network through technology empowerment and a dedicated professional team. This initiative will help retailers address market challenges by streamlining their logistics and improving their overall supply chain performance. The new unit emphasizes tailored solutions to meet specific retailer needs.

02/04/2026 Logistics
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New Online Tool Simplifies Time Conversion for Precision

New Online Tool Simplifies Time Conversion for Precision

This article introduces an online time unit conversion tool. It supports various time unit conversions, including seconds, minutes, hours, days, weeks, years, milliseconds, microseconds, and nanoseconds. With its simple operation, it effectively avoids human errors and improves work efficiency. It is a valuable assistant for personnel in fields such as scientific research, engineering, and finance.

01/26/2026 Logistics Encyclopedia
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Mastering the Key Steps of Export Customs Declaration: A General Trade Example

Mastering the Key Steps of Export Customs Declaration: A General Trade Example

Mastering the process of filling out export customs declarations is crucial for export operations. This article details the basic content and filling requirements of customs declarations under general trade, including important information such as the export port, business unit, and shipping unit. By properly filling in the relevant details, it ensures that goods pass smoothly through customs, a necessary skill for every export business professional.

07/21/2025 Customs Knowledge
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FCL Vs LCL Choosing the Right Shipping for Businesses

FCL Vs LCL Choosing the Right Shipping for Businesses

This article analyzes the decision factors for choosing between Full Container Load (FCL) and Less than Container Load (LCL), including inventory management, cost-effectiveness, delivery speed, and flexibility. The aim is to assist enterprises in making informed freight choices to enhance logistics efficiency and reduce costs.

08/06/2025 Logistics Encyclopedia
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Guide to Converting Kilograms to Grams Easily

Guide to Converting Kilograms to Grams Easily

This article details the conversion relationship between kilograms and grams, clarifying that 3.6 kilograms equals 3600 grams. It explores the applications of unit conversion in areas such as cooking, shopping, medicine, and scientific experiments. Practical tips for accurate conversion are provided to help readers master unit conversion methods and improve efficiency in daily life and work. The focus is on providing a clear understanding and practical application of kilogram to gram conversion.

01/19/2026 Logistics Encyclopedia
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