Ryder Expands West Coast Presence with Major Acquisition

Ryder Expands West Coast Presence with Major Acquisition

Ryder's acquisition of Scully is projected to generate an additional $100 million in annual revenue. This strategic move strengthens Ryder's presence in the Western region, expanding its customer base and bolstering its fleet management capabilities. Analysts view the acquisition favorably, anticipating it will solidify Ryder's market position and drive future growth. The deal is expected to be immediately accretive and provide significant synergies.

01/01/2026 Logistics
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US Industrial Real Estate Stabilizes on Strong Logistics Demand in Q2

US Industrial Real Estate Stabilizes on Strong Logistics Demand in Q2

The Cushman & Wakefield report indicates that in the second quarter of 2023, the U.S. industrial real estate market remained stable, driven by logistics resilience. There was strong demand for new warehousing facilities; however, the western regions faced negative absorption pressures. It is expected that in the coming years, new supply will continue to exceed absorption until 2027, when the market is forecasted to reverse.

08/07/2025 Logistics Industry Insights
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Australia Imposes Sanctions on Russian Oil Tankers

Australia Imposes Sanctions on Russian Oil Tankers

On June 18, Australia announced sanctions on 60 Russian oil tankers, marking a direct action against the 'shadow fleet' aimed at countering Russia's efforts to evade international sanctions through unofficial channels. The sanctions target deceptive practices and aim to maintain pressure regarding the Ukraine conflict. Since 2022, Australia has imposed over 1,400 sanctions on Russia, reflecting Western countries' tightening policies on Russian energy transactions.

06/23/2025 Logistics
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Nanjing To Erbil Air Freight Price Explained

Nanjing To Erbil Air Freight Price Explained

This article provides a detailed overview of the air freight pricing and transfer information for shipments from Nanjing to Erbil. The rates vary seasonally, with general cargo prices ranging from 72 RMB/kg to 41 RMB/kg. The carrier is 7L Silk Road Western Airlines, with prices valid until July 23, 2025. Additionally, attention is drawn to the detailed flight information and transfer considerations.

07/22/2025 Logistics
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Chongqing West Logistics Park Innovates Port Economy Through Diversified Development

Chongqing West Logistics Park Innovates Port Economy Through Diversified Development

The Western Logistics Park in Chongqing promotes the growth of the port economy through the coordinated development of logistics, trade, finance, and information industries. It has successfully attracted global enterprises, significantly expanding the international trade of complete vehicle imports and the finance sector. The construction of a smart park is also progressing steadily, creating a vibrant economic ecosystem. The future looks promising with ample opportunities ahead.

07/28/2025 Logistics
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Lisbon Portela Airport Expands as Europe’s Leading Aviation Hub

Lisbon Portela Airport Expands as Europe’s Leading Aviation Hub

Lisbon Portela Airport is Portugal's main international airport, located just 7 kilometers from the city center. Since its opening in 1942, it has become one of the largest and best-equipped airports in Western Europe. The airport is renowned for its connections to Europe, Brazil, and South Africa, handling over 18 million passengers annually, serving as a starting point and destination for countless travelers.

07/29/2025 Logistics
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Guide to Mullewa Airport Codes Coordinates and Travel Tips

Guide to Mullewa Airport Codes Coordinates and Travel Tips

This article provides a comprehensive overview of Morawa Airport in Western Australia. It covers the IATA/ICAO codes, geographical coordinates, airport overview, and surrounding tourism information. It is intended to serve as a practical flight guide for travelers, assisting them in planning their trips. The guide offers essential details to navigate the airport and explore the Morawa region, making travel smoother and more informed.

01/22/2026 Airport Codes
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Mitchell Plateau Airport MIH A Travelers Essential Guide

Mitchell Plateau Airport MIH A Travelers Essential Guide

This article provides detailed information about Mitchell Plateau Airport (MIH) in Western Australia, including its IATA and ICAO codes, geographical location, and nearby tourist attractions. The article aims to help readers understand the importance of airport codes and provide a practical flying guide for travelers visiting the region. It serves as a useful resource for planning air travel to and from the Mitchell Plateau.

01/22/2026 Airport Codes
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Midwest Logistics Real Estate Thrives Amid Ecommerce Boom

Midwest Logistics Real Estate Thrives Amid Ecommerce Boom

E-commerce development is fueling the rise of logistics real estate in Central and Western China. Strategic geographical location, advantageous land and labor costs, and a more relaxed regulatory environment are key drivers. This trend is expected to boost local economic growth, enhance logistics efficiency, and reshape the retail landscape. In the future, logistics real estate will evolve towards greater intelligence, sustainability, and customization.

01/29/2026 Logistics Industry Insights
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Chinauk Shipping Route Vital for Bilateral Trade Growth

Chinauk Shipping Route Vital for Bilateral Trade Growth

Sea routes between China and the UK are crucial channels connecting the two economies. These routes, approximately 20,000 kilometers long, take 30-45 days, passing through East Asia, Southeast Asia, the Indian Ocean, East Africa, and Western Europe. Key routes include Shanghai-London, Shenzhen-Felixstowe, and Ningbo-Southampton. Transportation methods involve container ships, Ro-Ro ships, and bulk carriers, transporting goods such as machinery, electronics, and textiles.

01/30/2026 Logistics Encyclopedia
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