Outpost recently acquired four new freight terminals, marking its transformation from an independent freight fleet to a comprehensive logistics service provider. These terminals include cross-docking, maintenance, and storage facilities, aimed at enhancing service coverage and transportation efficiency.
Outpost has added four new freight terminals, aiming to transition from a single fleet location to a full-service terminal model. These terminals will integrate maintenance, warehousing, and other functions to enhance logistics efficiency and reduce operational costs, while also creating job opportunities for the local economy.
Kenco has acquired the 3PL business of Drexel Industries along with its four warehouse locations, enhancing its logistics network in North America. This acquisition will improve Kenco's service capabilities in Canada, providing clients with a wider range of logistics solutions and integrating 100 employees from Drexel.
Gebrüder Weiss will establish a new country organization in Thailand in 2025 to strengthen its logistics network in Southeast Asia. This initiative aims to fill market gaps and provide customers with more direct connections to the Central Asia-Pacific market, while addressing the strong export demand.
UPS is in discussions with USPS to revamp their Ground Saver service partnership, aiming to reduce costs and expand coverage. This move stems from increased cost pressures on UPS after taking over delivery responsibilities and the USPS's new leadership seeking to optimize capacity. If the collaboration succeeds, Ground Saver could potentially extend to PO Boxes and locations like Alaska and Hawaii, offering merchants a more competitive logistics solution. The renewed partnership focuses on leveraging each other's strengths for mutual benefit and improved service offerings.
The global E-Bike market is experiencing a boom, presenting opportunities for Chinese electric bicycle brands to expand overseas. This article analyzes the reasons behind the E-Bike market's growth, the advantages and challenges faced by Chinese brands in international markets, and provides market analysis for target regions like Europe, the United States, and Southeast Asia. It offers valuable insights and guidance for Chinese E-Bike brands seeking to successfully enter and compete in the global market.
LaserShip/OnTrac has launched a large sorting center near Philadelphia to boost capacity in the Tri-State area and handle the surge in holiday shopping packages. The center is equipped with advanced sorting technology and will add hundreds of employees to improve delivery efficiency and service quality, meeting the growing demands of e-commerce businesses and consumers. This move is seen as a significant step for the company to enhance its competitiveness in the highly competitive parcel delivery market.
The US Services PMI decreased from 64 in May to 60.1 in June. While the growth rate slowed, it remained above the 50 threshold, indicating the service sector has been expanding for 13 consecutive months. Supply chain bottlenecks, labor shortages, and inflationary pressures may have contributed to the slowdown. The service sector remains a key driver of US economic growth. Continued monitoring of PMI trends is necessary to assess the sector's performance and its impact on the overall economy.
Echo Global Logistics acquired Fastmore Logistics to expand its service range, leveraging Fastmore's strengths in the international freight forwarding market. This acquisition aims to break down the barriers between domestic logistics and international freight, achieving complementary advantages and synergistic development. The goal is to provide customers with more comprehensive service capabilities by integrating Fastmore's international expertise with Echo's existing domestic network, ultimately offering a more seamless and robust logistics solution.
The 2026 China (Qingdao) Livestock Expo, themed "Ecology First, Green Development," brings together domestic and international enterprises across the livestock industry chain, providing a golden platform for display, exchange, and cooperation. The expo precisely targets buyers, helping companies expand their markets, enhance their brands, and seize the trillion-dollar opportunities in the livestock industry. It showcases innovative technologies and sustainable practices, fostering a future of environmentally responsible and economically prosperous livestock farming.
