Global Airlines Adopt Iatas MCX to Cut Maintenance Costs

Global Airlines Adopt Iatas MCX to Cut Maintenance Costs

IATA's MCX project is a voluntary data exchange program designed to help airlines standardize maintenance cost reporting, establish industry benchmarks, share knowledge and experience, thereby reducing maintenance costs and improving operational efficiency. Through annual data collection and analysis, community communication, and results publication, MCX provides airlines with a powerful tool for benchmarking, decision support, and cost optimization. It facilitates the identification of best practices and areas for improvement, ultimately contributing to a more efficient and cost-effective maintenance ecosystem.

01/16/2026 Airlines
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Major Freight Firms Unite to Standardize Scheduling with New API

Major Freight Firms Unite to Standardize Scheduling with New API

Uber Freight, Convoy, and J.B. Hunt have jointly formed the Scheduling Standards Consortium (SSC) to establish freight booking API standards, addressing industry scheduling challenges and enhancing efficiency. The consortium aims to onboard more industry partners to promote the implementation of standardized interfaces, ultimately achieving automation and intelligence in freight booking. This initiative seeks to streamline communication and data exchange between shippers, carriers, and brokers, leading to improved operational efficiency and reduced costs throughout the supply chain.

01/16/2026 Logistics
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Mercado Libre Q3 Growth Highlights Latin America Ecommerce Boom

Mercado Libre Q3 Growth Highlights Latin America Ecommerce Boom

Mercado Libre reported a net revenue of $3.8 billion in Q3, a 69.1% year-over-year increase, significantly exceeding expectations. Growth was driven by its e-commerce and fintech engines, with strong performance in Brazil, Argentina, and Mexico. Total Payment Volume (TPV) and Gross Merchandise Volume (GMV) continued to climb, accompanied by a significant increase in active users. Mercado Libre has already launched its Black Friday promotions and is reminding merchants to pay attention to exchange rate risks.

US Diesel Prices Spike Amid Supply and Demand Shifts

US Diesel Prices Spike Amid Supply and Demand Shifts

U.S. diesel prices have recently experienced a significant increase. This analysis delves into the key factors influencing these price fluctuations, including geopolitical risks, supply and demand dynamics, the U.S. dollar exchange rate, environmental policies, and speculative activities. Furthermore, it explores the impact of rising diesel prices on transportation, agriculture, and the overall economy. The analysis suggests strategies for businesses and individuals to cope with increasing fuel costs. Finally, it provides an outlook on the future trends of diesel prices.

EPIC Platform Enhances Air Cargo Digital Integration

EPIC Platform Enhances Air Cargo Digital Integration

IATA has launched the EPIC platform to simplify air cargo connectivity, offering functionalities such as inquiry, identification, and digitalization. This subscription-based model aims to improve efficiency and accelerate digital transformation within the air cargo industry. EPIC facilitates seamless data exchange and collaboration among stakeholders, fostering a more connected and streamlined supply chain. By embracing digitalization, the platform empowers businesses to optimize operations and enhance customer service, ultimately contributing to a more resilient and efficient air cargo ecosystem.

01/20/2026 Logistics
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New Tool Simplifies NPR to CNY Conversions for Crossborder Trade

New Tool Simplifies NPR to CNY Conversions for Crossborder Trade

Say goodbye to tedious currency calculations! This Nepalese Rupee to Chinese Yuan converter offers real-time exchange rates, multi-dimensional data analysis (maximum, minimum, average rates, and volatility), and quick conversion of common amounts. It helps cross-border e-commerce sellers and travelers to Nepal make informed decisions, reduce transaction costs, and optimize budgets. Get accurate and up-to-date information for your financial planning and business operations, ensuring you're always one step ahead in the global marketplace.

Guide to Streamlining International Air Cargo Pickup

Guide to Streamlining International Air Cargo Pickup

This article provides a detailed explanation of the cargo pickup process after international air freight arrival. It covers preparation before pickup, exchange orders, customs clearance, fee settlement, on-site pickup, and handling of exceptions. Furthermore, it offers solutions for specific scenarios, aiming to facilitate efficient and smooth cargo retrieval. The guide outlines key steps and considerations for a successful pickup, ensuring a hassle-free experience for importers and freight forwarders navigating the complexities of international air cargo logistics.

Project44 Mcleod Software Integrate Apis for LTL Freight Connectivity

Project44 Mcleod Software Integrate Apis for LTL Freight Connectivity

Project44 collaborates with McLeod to connect LTL freight via API, automating quoting and tracking, thereby enhancing efficiency and transparency. This partnership empowers logistics companies by providing real-time visibility and streamlined processes, ultimately driving growth and improving customer satisfaction. The API connectivity facilitates seamless data exchange between systems, enabling better decision-making and improved operational performance for LTL carriers and shippers alike. This integration represents a significant step towards a more digitized and connected logistics ecosystem.

01/19/2026 Logistics
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WCO Boosts Tech Committee Focus on Ecommerce and Green Customs

WCO Boosts Tech Committee Focus on Ecommerce and Green Customs

The World Customs Organization's Permanent Technical Committee (PTC) held its first in-person meeting after a three-year hiatus, focusing on updates to the E-commerce Package, the development of a global customs data exchange platform, and green customs initiatives. The meeting revised the E-commerce Package maintenance mechanism, approved pressure testing guidelines, and discussed data models and cooperation guidelines. These efforts aim to enhance customs' ability to address global trade challenges and promote trade facilitation and security.

Global Shipping Firms Adopt Costsaving Payment Strategies

Global Shipping Firms Adopt Costsaving Payment Strategies

International ocean freight payments, especially for high-value shipments, carry inherent risks. This paper details the choice between prepaid and collect freight, the application of telegraphic transfers (TT) and letters of credit (LC), and provides seven key considerations for high-value freight payments. These include reviewing fee details, ensuring payment security, mitigating exchange rate risks, selecting reliable partners, ensuring legal compliance, and optimizing costs. This guide helps you complete payments safely and efficiently, avoiding unnecessary losses in international trade.