GXO Logistics Posts Record Q3 Revenue Prioritizes Growth

GXO Logistics Posts Record Q3 Revenue Prioritizes Growth

GXO Logistics reported record revenue for the third quarter, up 8% year-over-year, with a 42% increase in net profit. New CEO Kelleher emphasized that the future strategic focus will be on accelerating growth and expanding profit margins, focusing on high-growth areas, strengthening technological innovation, and adopting a prudent M&A strategy. The company will continue to focus on opportunities in e-commerce, supply chain complexity, and emerging markets, while addressing the challenges of market competition and technological change.

01/08/2026 Logistics
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Amazon Shutters Toronto Fulfillment Center Disrupts Seller Operations

Amazon Shutters Toronto Fulfillment Center Disrupts Seller Operations

Amazon Canada's YYZ9 warehouse is temporarily closed for renovations and is expected to reopen in Q4. Sellers need to adjust their shipping strategies. Amazon will arrange for the transfer of any shipments already en route to YYZ9. This closure necessitates proactive planning to mitigate potential disruptions to inventory and order fulfillment. Sellers should consider alternative fulfillment centers or adjust shipment schedules to ensure continued service during this period.

12/30/2025 Logistics
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Freight Industry Eyes Recovery by 2026 Amid Challenges

Freight Industry Eyes Recovery by 2026 Amid Challenges

Facing sluggish demand, freight industry giants are hoping for a recovery in 2026 and adopting 'wintering' strategies such as cost control and operational optimization. However, challenges such as supply-demand imbalances and overcapacity persist. Whether the industry can overcome these difficulties ultimately depends on market equilibrium and the efforts of the companies themselves.

01/15/2026 Logistics Industry Insights
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UPS Raises Rates to Boost Logistics Services

UPS Raises Rates to Boost Logistics Services

UPS has announced optimizations to its ground, air, and international service rates, with an average increase of 6.9%, along with adjustments to surcharges. This move aims to support UPS's ongoing expansion and service capability enhancements, providing customers with a superior logistics experience and helping businesses grow efficiently in the global market. UPS is committed to building a smart, efficient, and green logistics ecosystem, working with businesses to create a shared future.

01/16/2026 Logistics
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Brazil Adjusts Coffee Tariffs to Comply With EU Deforestation Rules

Brazil Adjusts Coffee Tariffs to Comply With EU Deforestation Rules

Brazil is adjusting its coffee industry tariffs to address the EU Deforestation Regulation (EUDR) and promote industry upgrading. This involves lowering import tariffs on compliance-related equipment, increasing export tax rebates for high-value-added products, and restricting the export of low-quality coffee beans. Brazil aims to strengthen its position in the EU market, deepen trade with China, and achieve sustainable development and high-value transformation of its coffee industry. The adjustments are designed to ensure EUDR compliance while simultaneously boosting the competitiveness and profitability of the Brazilian coffee sector.

01/15/2026 Customs Knowledge
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Polands Furniture Industry Adopts Green Policies Amid Euchina Trade Shifts

Polands Furniture Industry Adopts Green Policies Amid Euchina Trade Shifts

Poland is adjusting tariffs in its furniture industry to address new EU environmental regulations and domestic industry challenges. Through targeted tax reductions, export incentives, and process optimization, Poland aims to lower compliance costs for businesses, enhance product value, and deepen Sino-Polish trade cooperation. This initiative promotes the green transition and sustainable development of the furniture industry, ultimately achieving a win-win situation for businesses, consumers, and the environment. The adjustments are designed to help the industry adapt to changing market demands and ensure long-term competitiveness.

01/15/2026 Customs Knowledge
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Trump Tariffs Strain Global Trade Especially With Canada

Trump Tariffs Strain Global Trade Especially With Canada

The Trump administration recently adjusted tariff policies regarding Canada and other trade partners, significantly increasing import tariff rates for most countries and imposing new regulations on low-value goods. This series of policies aims to protect the U.S. market and reassess the global trade landscape through taxation measures.

08/01/2025 Logistics
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