Roadrunner Acquires Rich Logistics for 48M to Expand Usmexico Crossborder Operations

Roadrunner Acquires Rich Logistics for 48M to Expand Usmexico Crossborder Operations

RRTS (Luluda Transportation Group) acquired Ruichi Logistics for $48 million, aiming to expand its complete vehicle transportation business and broaden its US-Mexico cross-border freight corridor. Ruichi Logistics possesses strengths in cross-border transportation and the automotive industry, which is expected to enhance RRTS's profitability. This acquisition is part of RRTS's aggressive expansion strategy but also faces challenges such as integration and market competition. The deal is expected to strengthen RRTS's position in the North American market.

02/11/2026 Logistics
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Firms Diversify Supply Chains Amid Global Shift From China

Firms Diversify Supply Chains Amid Global Shift From China

Global supply chains are undergoing profound transformations as companies seek diversification to mitigate risks. A Kearney report indicates that 96% of CEOs are considering reshoring. The US has seen a surge in imports from Mexico, signaling the rise of nearshoring. While Asia remains a manufacturing hub, companies are reducing reliance on China, shifting to India, Southeast Asia, and other regions. Businesses should assess risks, diversify procurement, and leverage technology to build agile and resilient supply chains.

02/03/2026 Logistics Industry Insights
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Global Trade Efficiency Mastering Crossborder Logistics

Global Trade Efficiency Mastering Crossborder Logistics

This article comprehensively analyzes the key aspects of cross-border logistics, covering international express customs clearance, FBA first leg transportation, car shipping, China-Saudi Arabia shipping, China-Thailand Railway, China-US sea freight, China-Malaysia express delivery, pet supplies export, and dedicated sea freight lines between China and Mexico/Australia. The aim is to help businesses and individuals master the essentials of cross-border logistics, achieve cost reduction and efficiency improvement, and expand into the global market.

01/23/2026 Logistics
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New Zealand Dollar Plummets Against US Dollar Amid Market Turmoil

New Zealand Dollar Plummets Against US Dollar Amid Market Turmoil

The sudden drop in the New Zealand dollar against the US dollar has drawn investors' attention. 1000 New Zealand dollars currently exchange for 595.91 US dollars, reflecting increased market volatility. Understanding exchange rate fluctuations is crucial for the economy, trade, and investors. Utilizing convenient tools can effectively help navigate market changes.

08/09/2025 Exchange Rate Query
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10 SGD Equals 778 USD Amid Current Exchange Rates

10 SGD Equals 778 USD Amid Current Exchange Rates

This article explores the exchange rate of the Singapore dollar against the US dollar, where 10 Singapore dollars is approximately equivalent to 7.78 US dollars. It analyzes the economic relationships behind the exchange rate and the factors contributing to its fluctuations, emphasizing the importance of understanding exchange rates for international trade.

08/10/2025 Exchange Rate Query
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California Exports Hold Steady Despite Economic Challenges

California Exports Hold Steady Despite Economic Challenges

California's export trade is showing positive momentum, benefiting from robust demand from key trading partners and increased port throughput. However, uncertainties in US trade policy and misconceptions about the trade deficit with China pose potential risks. California should strengthen cooperation with trading partners, diversify export markets, enhance product competitiveness, and monitor trade policy changes to address challenges and maintain growth momentum. This requires a proactive approach to navigate the evolving global trade landscape and ensure continued economic resilience.

01/19/2026 Logistics Industry Insights
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Experts Warn of Supply Chain Risks Amid Global Trade Uncertainty

Experts Warn of Supply Chain Risks Amid Global Trade Uncertainty

In an interview, Chris Rogers, Head of Supply Chain Research at S&P Global Market Intelligence, provides insights into the US import outlook, traditional peak season expectations, inventory glut, and the impact of US-China trade relations on global supply chains. He advises businesses to embrace digitalization and build diversified, resilient supply chains to navigate the complex and volatile global trade environment. This approach is crucial for mitigating risks and ensuring business continuity in the face of ongoing geopolitical and economic uncertainties.

01/28/2026 Logistics Industry Insights
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New Sinous Maritime Route Bolsters Global Trade

New Sinous Maritime Route Bolsters Global Trade

This article provides a comprehensive overview of China-US maritime shipping routes, covering historical development, route selection (Pacific and Atlantic routes), major ports, shipping companies, transit times, and freight cost components. It aims to help readers gain a deeper understanding of this crucial mode of transportation in China-US trade and optimize their international trade strategies. The analysis delves into the specifics of each route, highlighting the advantages and disadvantages, and provides insights into choosing the most efficient and cost-effective option.

02/02/2026 Logistics Encyclopedia
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EU Weighs High Tariffs on Chinese Hybrid Cars Amid Trade Spat

EU Weighs High Tariffs on Chinese Hybrid Cars Amid Trade Spat

The EU is considering imposing tariffs of up to 35.3% on Chinese hybrid vehicles, potentially reaching 45% with existing rates. This stems from surging Chinese hybrid vehicle exports and EU concerns about subsidies. Simultaneously, the US exhibits protectionist tendencies, threatening tariffs on French goods. These events highlight escalating global trade friction and rising protectionism, creating uncertainty for the global economy. The proposed EU tariffs and US threats exemplify the growing trend of trade disputes and potential barriers to international commerce.

02/03/2026 Customs Knowledge
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West Coast Ports Face Rising Shipping Costs and Delays

West Coast Ports Face Rising Shipping Costs and Delays

Ocean freight to the US West Coast is a vital trade route connecting Asia and North America. This article provides a detailed overview of selecting ocean carriers, transit times, ocean freight cost components, customs clearance procedures, and key challenges such as port congestion and inland transportation. It aims to offer comprehensive guidance for businesses, helping them efficiently conduct international trade. The guide covers essential aspects for successful shipping, ensuring businesses are well-informed about the complexities of US West Coast ocean freight.

01/28/2026 Logistics Encyclopedia
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