UPS Expands Healthcare Logistics in Latin America with New Facilities

UPS Expands Healthcare Logistics in Latin America with New Facilities

UPS expands its healthcare services in Latin America by establishing new facilities in Mexico City, São Paulo, and Santiago. These facilities offer temperature-controlled storage and compliance assurance, covering 70% of the Latin American market. This expansion strengthens UPS's ability to provide comprehensive logistics solutions for the pharmaceutical and healthcare industries in the region, ensuring the safe and efficient delivery of critical medical products.

01/29/2026 Logistics
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Sargento Cuts Logistics Costs 30 With TMS Upgrade

Sargento Cuts Logistics Costs 30 With TMS Upgrade

Sargento Foods achieved significant logistics efficiency improvements and cost savings by upgrading their TMS. By reducing LTL shipments by nearly 30%, automating freight payment to lower overhead costs by 60%, and optimizing cost allocation, Sargento successfully addressed the challenges posed by their legacy system. This upgrade enhanced their market competitiveness and streamlined their supply chain operations, resulting in tangible financial benefits and improved overall performance.

01/30/2026 Logistics Industry Insights
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Boston Dynamics Stretch Robot Automates Retail Logistics

Boston Dynamics Stretch Robot Automates Retail Logistics

Stretch® robot is Boston Dynamics' automated case handling solution designed for retail logistics. It significantly improves container and truck loading/unloading efficiency through intelligent unloading, high-speed and efficient handling, safe and reliable operation, and flexible deployment and integration. This reduces labor costs, improves employee working conditions, and helps retailers transform and upgrade their logistics operations, gaining an advantage in a competitive market.

01/29/2026 Logistics Industry Insights
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Kenco Expands North American Logistics with Drexel Acquisition

Kenco Expands North American Logistics with Drexel Acquisition

Kenco acquired Drexel, expanding its logistics operations in Canada. This acquisition increases Kenco's warehousing footprint and service offerings, ultimately enhancing its overall logistics capabilities. The move strengthens Kenco's position in the North American market and allows it to provide more comprehensive supply chain solutions to its customers. By integrating Drexel's expertise and resources, Kenco is poised for further growth and success in the competitive logistics landscape.

01/19/2026 Logistics
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XPO Logistics Acquires Khne Nagel UK to Expand in Europe

XPO Logistics Acquires Khne Nagel UK to Expand in Europe

XPO acquires K+N's UK contract logistics operations, expanding its presence in the UK market and strengthening its logistics capabilities. This acquisition will also optimize XPO's pan-European network. XPO, having previously demonstrated strong performance, is planning to divest some of its business segments. The K+N acquisition aligns with XPO's strategy to enhance its position in key European markets and provide comprehensive contract logistics solutions.

01/30/2026 Logistics
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Euro Yen Near Critical Levels Amid Options Expiry

Euro Yen Near Critical Levels Amid Options Expiry

At 10 AM New York time on December 9th, options on several major currency pairs are set to expire. The Euro/USD pair shows strong support at 1.15, while USD/JPY may encounter a short-term peak at 157. Traders should exercise caution and develop trading strategies based on a combination of fundamental and technical analysis, considering the potential impact of these expirations on market movements.

01/30/2026 Exchange Rate Query
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Amazon Expands Air Cargo Fleet Amid Rising Industry Competition

Amazon Expands Air Cargo Fleet Amid Rising Industry Competition

Amazon is building an air cargo hub, deepening its logistics network and challenging UPS, FedEx, as well as JD.com and SF Express. This move impacts platforms like Baoyun.com. The industry is expected to see increased efficiency and intensified competition. Amazon's investment signifies a strategic push to control more of its supply chain and offer faster, more reliable delivery options, potentially disrupting existing market dynamics.

01/30/2026 Logistics Industry Insights
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Chen Changyin Mahua Expands Global Sales Through Digitalization

Chen Changyin Mahua Expands Global Sales Through Digitalization

Chen Changyin Mahua, a 119-year-old Chongqing time-honored brand, has achieved annual sales equivalent to circling the Earth twice through strategic transformation, digital empowerment, and product innovation. Its success lies in adhering to quality, embracing change, leveraging digital technologies, and building a strong brand culture. This provides valuable lessons for other time-honored enterprises seeking to adapt and thrive in the modern market.

02/02/2026 Logistics Industry Insights
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North American Class 8 Truck Orders Jump Amid Economic Growth ELD Rules

North American Class 8 Truck Orders Jump Amid Economic Growth ELD Rules

North American Class 8 truck orders continue to climb, driven by economic growth, the ELD mandate, and rising freight rates. Data from FTR and ACT Research shows significant order increases, indicating strengthened market confidence. The ELD mandate presents both opportunities and challenges, prompting fleets to optimize operations. Looking ahead, technology and sustainability will shape the industry, with autonomous driving and electric trucks poised to reshape trucking.

02/03/2026 Logistics
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North American Class 8 Truck Orders Jump Despite Supply Chain Strains

North American Class 8 Truck Orders Jump Despite Supply Chain Strains

North American Class 8 truck orders remained robust in February, but supply chain bottlenecks are limiting production capacity. This article analyzes the drivers behind the order surge, the root causes of the supply chain challenges, and proposes coping strategies for fleets, manufacturers, and suppliers. It also provides an outlook on the future of the market, considering the ongoing constraints and potential shifts in demand and production.

02/03/2026 Logistics
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