Meike Home Furnishings Shifts Strategy Amid Plant Closures Tech Deal

Meike Home Furnishings Shifts Strategy Amid Plant Closures Tech Deal

Markor Home Furnishings, facing deteriorating business and financial conditions, announced the suspension of production at two subsidiaries in Tianjin. The company plans a strategic shift by acquiring optoelectronic company Wonder Tides through asset restructuring. This move reflects the trend of traditional furniture companies actively seeking new growth opportunities in the face of global trade changes and market competition, aiming to enhance sustainable business capabilities by entering the 'new quality productive forces' sector.

02/03/2026 Logistics Industry Insights
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US Manufacturing Expands in September Despite Supply Chain Strains

US Manufacturing Expands in September Despite Supply Chain Strains

The September ISM Manufacturing Report indicates continued growth in the US manufacturing sector despite ongoing supply chain challenges, with a PMI of 61.1. New orders remain strong, but production is constrained by raw material shortages. Employment is rebounding. Supply chain bottlenecks persist, leading to price increases. Experts anticipate these issues will continue, but also present opportunities. Businesses need to proactively address these challenges to navigate the current economic landscape and maintain growth.

02/04/2026 Logistics Industry Insights
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Ford CEVA Extend Partnership to Boost Auto Supply Chain

Ford CEVA Extend Partnership to Boost Auto Supply Chain

CEVA Logistics has renewed and expanded its partnership with Ford Motor Company, continuing to provide services to Ford's Kansas City Assembly Plant. These services include inbound material sequencing, small lot logistics, returnable container management, and Just-in-Time transportation. This expanded collaboration will see CEVA investing in facilities and creating new jobs, ultimately supporting Ford's increased production capacity. This renewal reflects the growing demand for efficient logistics services within the automotive industry.

02/04/2026 Logistics
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Tencents Hunyuan 30 AI Advances Photo Editing Tech

Tencents Hunyuan 30 AI Advances Photo Editing Tech

Tencent Hunyuan 3.0's image capabilities are now available, revolutionizing traditional photo editing with its powerful image editing and fusion capabilities, and precise understanding of user intent. Utilizing a dual input mode of 'reference image + natural language instructions,' Hunyuan 3.0 enables precise editing and natural fusion, significantly improving design efficiency and reducing production costs. It empowers users to easily harness the power of AI and usher in a new era of AI image editing.

02/05/2026 Logistics Encyclopedia
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Arson at Myethos Factory Disrupts Anime Collectibles Market

Arson at Myethos Factory Disrupts Anime Collectibles Market

Myethos, a well-known Chinese figure manufacturer, suffered an arson attack, leading to delayed shipments of popular merchandise from games like Honkai: Star Rail, Arknights, and Azur Lane. The incident highlights safety concerns within the rapidly growing anime merchandise industry, prompting serious reflection on production safety and labor management practices. This event underscores the vulnerability of the sector and the need for improved security measures to protect both intellectual property and physical assets.

02/05/2026 Logistics Industry Insights
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Teslas Asiapacific Sales Jump in 2025 Led by Shanghai Output

Teslas Asiapacific Sales Jump in 2025 Led by Shanghai Output

Tesla's electric vehicle deliveries in the Asia-Pacific region reached a record high in 2025, with Model Y leading sales. The company delivered 1.636 million electric vehicles and deployed 46.7 GWh of energy storage for the year. The Shanghai Gigafactory made a significant contribution, accounting for over half of global deliveries. This performance highlights Tesla's strong growth and market dominance in the APAC region, driven by increased demand and efficient production capabilities.

02/05/2026 Logistics Industry Insights
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HS Code Update Boosts Global Circular Economy Efforts

HS Code Update Boosts Global Circular Economy Efforts

The WCO promotes the green upgrade of the HS, supporting the circular economy and sustainable trade. It focuses on optimizing the HS code to track product lifecycles and facilitate resource recovery. This initiative aims to improve the traceability of goods, promote responsible consumption and production patterns, and contribute to environmental protection by enabling better monitoring and management of waste streams and recycled materials. Ultimately, this supports a more sustainable and resource-efficient global trade system.

02/06/2026 HS Code Query
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Aegeon Isle Olive Oil Decoding Extra Virgin Labels

Aegeon Isle Olive Oil Decoding Extra Virgin Labels

This article uses Eros Island Extra Virgin Olive Oil as an example to interpret key information on olive oil labels, including the meaning of "Extra Virgin", the importance of origin, and production date. It also briefly mentions related services for the olive oil import process, helping consumers choose high-quality and reliable olive oil. The focus is on understanding the label to make informed purchasing decisions regarding extra virgin olive oils, particularly those from specific regions like Eros Island.

07/25/2025 Document Interpretation
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US Truck Tariffs Strain Manufacturing and Raise Costs

US Truck Tariffs Strain Manufacturing and Raise Costs

The U.S. imposed a 25% tariff on imported trucks, aiming to boost domestic manufacturing. However, this action may lead to increased transportation costs, impacting commodity prices and potentially triggering trade friction. Businesses need to respond proactively, balancing short-term cost pressures with long-term strategic goals. The tariff could disrupt existing supply chains and force manufacturers to re-evaluate their sourcing and production strategies. This situation highlights the complex interplay between trade policy, manufacturing, and the global supply chain.

11/03/2025 Logistics Industry Insights
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Oil Prices Drive Shipping Costs Via Bunker Adjustment Factor

Oil Prices Drive Shipping Costs Via Bunker Adjustment Factor

Bunker Adjustment Factor (BAF) is closely linked to international crude oil prices. Brent Crude is a global benchmark, and OPEC production cuts and Iranian sanctions are key factors driving prices up. Businesses should closely monitor crude oil market dynamics, optimize shipping routes, lock in freight rates, and diversify risks to effectively control logistics costs. By understanding these factors and implementing proactive strategies, companies can mitigate the impact of fluctuating fuel prices on their supply chains and maintain profitability.

11/03/2025 Logistics Encyclopedia
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