Bulldog Hiway CEO Addresses Infrastructure and Trucker Shortage

Bulldog Hiway CEO Addresses Infrastructure and Trucker Shortage

In an interview, Bulldog Hiway Express CEO Phil Byrd discussed the current state and challenges of US transportation infrastructure, emphasizing the importance of a stable Highway Trust Fund and urging Congress to develop a visionary strategy for intelligent highway systems. He also highlighted the driver shortage facing the trucking industry, stressing the need to improve driver compensation and enhance the industry's appeal to attract and retain qualified professionals. This includes focusing on better working conditions and benefits to address the growing demand for truck drivers in the logistics sector.

Freight Forwarders Digital Transformation Stalled by Online Quoting Delays

Freight Forwarders Digital Transformation Stalled by Online Quoting Delays

A Freightos report reveals the slow pace of digital transformation in freight forwarding, with few companies offering instant online quotes. While most forwarders see digitalization as an opportunity, slow adoption stems from insufficient demand from small and medium-sized shippers and complexities in data processing. Successful transformation requires building efficient online quotation systems, optimizing customer experience, strengthening data management and analysis, cultivating digital talent, and embracing innovation. Laggards risk being eliminated from the market. This underscores the urgency for freight forwarders to adapt to the evolving digital landscape.

XPO Expands Usmexico Crossborder Services Amid Nearshoring Surge

XPO Expands Usmexico Crossborder Services Amid Nearshoring Surge

XPO has upgraded its US-Mexico cross-border service with the launch of XPO+, designed to meet nearshoring demands and solidify its leading position in the US-Mexico cross-border transportation sector. This upgrade involves expanding port access, increasing capacity, and optimizing technology. The move comes as Mexico becomes the largest importer to the United States and an increasingly important global manufacturing hub. This highlights XPO's keen understanding of market trends and its strategic positioning to capitalize on the growing demand for efficient and reliable cross-border solutions.

01/20/2026 Logistics
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GXO Logistics Expands in Ecommerce and Automation As Independent Firm

GXO Logistics Expands in Ecommerce and Automation As Independent Firm

XPO Logistics has completed the spin-off of GXO Logistics, which is now independently listed. GXO focuses on global contract logistics, seizing opportunities from e-commerce growth and automation upgrades. By deepening its expertise in e-commerce logistics, increasing investment in automation, expanding into emerging markets, enhancing digital capabilities, and focusing on sustainability, GXO Logistics is poised to stand out in a competitive market and achieve sustained growth. The company aims to capitalize on the increasing demand for efficient and technologically advanced logistics solutions driven by the rapid expansion of online retail.

01/19/2026 Logistics
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US Service Sector Shrinks Unexpectedly Ending 10month Growth Streak

US Service Sector Shrinks Unexpectedly Ending 10month Growth Streak

The US Services PMI unexpectedly fell below 50 in May, ending ten consecutive months of growth. A significant decline in new orders was primarily driven by trade friction and uncertainty. Sector performance was mixed, with slight employment growth. The future development of the service sector needs to address challenges related to trade, inflation, demand, and supply chains, while also seizing opportunities in technological innovation and consumption upgrades. The unexpected contraction raises concerns about a potential economic slowdown and the impact of ongoing trade tensions on the service sector's performance.

Cold Chain Logistics Adapts to Postpandemic Demands and Challenges

Cold Chain Logistics Adapts to Postpandemic Demands and Challenges

The pandemic and trade policy changes have accelerated the growth of cold chain logistics demand and industry consolidation. Technological innovations such as IoT and big data drive cold chain intelligence, improving end-to-end traceability, smart warehousing, and optimized scheduling. Companies need to strengthen risk management, invest in technology, optimize the supply chain, and focus on sustainable development to seize opportunities and win the future amidst uncertainty. This includes adopting advanced monitoring systems, predictive analytics, and eco-friendly practices to ensure efficiency and resilience in the cold chain.

01/22/2026 Logistics
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Freight Rates Climb Despite Falling Shipment Volumes

Freight Rates Climb Despite Falling Shipment Volumes

A peculiar phenomenon occurred in the U.S. freight market in September: freight volumes declined, yet spot rates unexpectedly increased. This rise wasn't driven by demand, but rather by freight imbalances and changes in capacity. Experts predict a disappointing peak season, potentially leading to continued trucking company bankruptcies. Truck drivers are advised to closely monitor the market, optimize operations, expand channels, invest cautiously, and seek professional assistance to navigate these challenges. The unusual rate increase despite lower volume highlights the complexities and potential instability within the current freight landscape.

Ankers Eufymake UV Printer Raises 467M in Record Crowdfunding

Ankers Eufymake UV Printer Raises 467M in Record Crowdfunding

Anker Innovation's eufyMake E1 3D printer broke Kickstarter crowdfunding records, raising $46.76 million. Powered by Amass3D™ and ColorMaestro™ technologies, the printer facilitates personalized customization and opens doors to light entrepreneurship. Its success highlights the growing demand for accessible and user-friendly creative tools that empower individuals to bring their ideas to life. The impressive funding underscores the potential of 3D printing to revolutionize various industries and foster innovation at the individual level. This record-breaking campaign signals a significant shift towards democratized manufacturing and personalized design.

ZYBT Expands Into Pet Vaccine Market Postnasdaq IPO

ZYBT Expands Into Pet Vaccine Market Postnasdaq IPO

Jilin Zhengye Biological Products Co., Ltd. has successfully listed on NASDAQ, becoming the first Chinese animal health company to IPO in the United States. The company plans to invest the raised capital primarily in the pet vaccine sector, including feline panleukopenia, calicivirus, and rhinotracheitis vaccines (feline 3-in-1 vaccine) and recombinant rabies glycoprotein, to meet market demand and enhance core competitiveness. With the booming domestic pet economy, the pet vaccine market has huge potential, and Zhengye Biology is expected to gain a favorable position in this field.

Crossborder Ecommerce Embraces Crowdfunding Growth

Crossborder Ecommerce Embraces Crowdfunding Growth

Product crowdfunding has emerged as a novel financing and market validation strategy in cross-border e-commerce. From a data analyst's perspective, this paper examines its advantages, including lowering financing barriers, validating market demand, and building user profiles. It also provides practical strategies for platform selection, project planning, and marketing promotion, assisting businesses in effectively leveraging product crowdfunding within the cross-border e-commerce landscape. This approach allows companies to gauge product viability and build a community around their offerings before full-scale launch, minimizing risk and maximizing potential success.