Globalegrow Founder Xu Jiadong Investigated for Embezzlement

Globalegrow Founder Xu Jiadong Investigated for Embezzlement

The founder of Globalegrow, once a cross-border e-commerce giant, Xu Jiadong, has been investigated for suspected embezzlement, shocking the industry. Cross-border Tong's announcement confirmed the news and stated that it would recover the losses. Globalegrow was once an industry leader but declined due to poor management, eventually leading to bankruptcy and liquidation. This event triggers deep reflection on the development model of cross-border e-commerce companies, warning companies to pay attention to compliant operation and risk control.

01/04/2026 Logistics Industry Insights
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Yellow Corps Collapse Spurs Rivals to Acquire Assets As ODFL Holds Back

Yellow Corps Collapse Spurs Rivals to Acquire Assets As ODFL Holds Back

Yellow's bankruptcy is triggering a reshuffle in the LTL transportation industry. Companies like XPO, Estes, and Saia are actively acquiring Yellow's terminal assets to expand their market share. However, industry leader ODFL is taking a wait-and-see approach, possibly due to pricing or strategic considerations. Yellow's collapse highlights intense competition and limited profit margins within the sector. The future of LTL transportation will likely focus on intelligence, automation, and digitalization. Furthermore, environmental protection and sustainability will become increasingly important themes.

01/16/2026 Logistics
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TD Cowen Index Shows Freight Market Shifts During Peak Season

TD Cowen Index Shows Freight Market Shifts During Peak Season

The TD Cowen/AFS Freight Index reveals emerging trends in the freight market: LTL pricing impacted by Yellow's closure, fuel surcharges rebound; Ground parcel discounts deepen, but demand surcharges loom; Truckload sees a short-term volume increase, peak season expectations are muted. The index provides shippers with valuable insights for informed decision-making. The LTL market is experiencing significant price volatility due to the disruption caused by Yellow's bankruptcy. Shippers need to carefully monitor these changes and adjust their strategies accordingly.

01/15/2026 Logistics Industry Insights
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Freight Market Braces for Weak Peak Season TD Cowen

Freight Market Braces for Weak Peak Season TD Cowen

The Cowen/AFS Freight Index indicates a slight increase in LTL rates in Q3, driven by factors like Yellow's bankruptcy and soft demand. Parcel rates decreased. A muted peak season is anticipated for Q4, with limited TL freight growth. The index reflects the current complex and volatile freight market, along with a trend of shippers actively optimizing their logistics networks. The impact of Yellow's exit and ongoing economic uncertainty are key factors shaping the near-term outlook for the industry.

01/15/2026 Logistics Industry Insights
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10 Roads Express Shuts Down Following USPS Contract Changes

10 Roads Express Shuts Down Following USPS Contract Changes

10 Roads Express, a major US trucking company, has collapsed due to a sharp decline in revenue caused by the US Postal Service reform, resulting in the loss of 2,000 jobs. This highlights the risks of over-reliance on a single client and the challenges and transformation needs facing the logistics industry. This article analyzes the reasons for the bankruptcy, its impact on the industry, and prospects for future development trends in the logistics sector. The postal service changes significantly impacted their business model.

01/08/2026 Logistics
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US Logistics Giant Falls As Chinese Forwarders Gain Ground

US Logistics Giant Falls As Chinese Forwarders Gain Ground

The bankruptcy of a major US warehousing and logistics company reveals the challenges of traditional models. Emerging Chinese freight forwarders are gaining market share with efficiency and competitive pricing, but face compliance risks. The industry is undergoing a rapid reshuffle with stricter regulations, making compliance crucial for survival. In the future, only companies that adapt to market changes and improve service quality will thrive in the competition. The focus shifts towards sustainable growth and adherence to regulations for long-term success in the evolving US logistics landscape.

01/15/2026 Logistics Industry Insights
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Madecom Collapses As DTC Home Furnishings Market Struggles

Madecom Collapses As DTC Home Furnishings Market Struggles

The bankruptcy and liquidation of star home furnishing e-commerce company Made.com, with its core assets sold cheaply and leaving behind huge debts, has sparked reflection on the DTC model. This article analyzes the rise and fall of Made.com, revealing the challenges it faced in profitability, traffic acquisition, and the external environment. It provides insights for cross-border e-commerce companies in terms of product, traffic, operations, and risk management. The case highlights the vulnerabilities of relying solely on direct-to-consumer sales in a competitive and volatile market.

01/06/2026 Logistics Industry Insights
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Crossborder Ecommerce Hit by Sihai Shanzhou Collapse

Crossborder Ecommerce Hit by Sihai Shanzhou Collapse

The bankruptcy of cross-border e-commerce giant Sihai Shangzhou has shocked the industry, revealing the increasing polarization. This article analyzes the reasons for the failure, emphasizing that future development requires a focus on branding, refinement, multi-channel strategy, and compliant operations. It also provides practical advice for cross-border e-commerce practitioners on product selection, supply chain management, marketing, customer service, and continuous learning. These suggestions aim to help them stand out in the fiercely competitive market and achieve sustainable growth by adapting to the evolving landscape and prioritizing ethical business practices.

01/05/2026 Logistics Industry Insights
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Banggood Adapts to Crossborder Ecommerce Challenges

Banggood Adapts to Crossborder Ecommerce Challenges

Rumors of Banggood's 'bankruptcy' proved false, but highlighted the transformation challenges faced by the product listing strategy in cross-border e-commerce. This article analyzes these challenges, exploring transformation directions like refined operation and intelligent operation. Using successful cases like E-bay Network as examples, it illustrates how product listing sellers can break through via innovation and upgrading. The article emphasizes the importance of intelligent operation in the future development of the product listing model, suggesting it's crucial for sustained growth and competitiveness in the evolving e-commerce landscape.

01/05/2026 Logistics Industry Insights
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Port of Oakland Reaches Deal on Outer Harbor Terminals

Port of Oakland Reaches Deal on Outer Harbor Terminals

The Port of Oakland reached a lease termination agreement with Outer Harbor Terminal to mitigate the impact of the terminal's bankruptcy. The agreement covers key terms including an operational transition period, rent payments, and site cleanup. The Port of Oakland has implemented a 'Continuity Plan' and a 'Transition Assistance Plan' to ensure supply chain stability. This event has prompted reflection on port operation models and provides a valuable case study for other ports facing similar crises. The agreement aims to minimize disruptions and maintain efficient cargo flow through the port.

01/19/2026 Port Encyclopedia
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