Yellows Rising Losses Highlight Freight Sector Struggles

Yellows Rising Losses Highlight Freight Sector Struggles

US LTL giant Yellow's Q1 losses doubled while revenue declined, highlighting the weak freight market. As a bellwether, Yellow's performance indicates significant challenges for the LTL market. Companies need to respond proactively and optimize operations to survive the downturn. The increased losses and decreased revenue point towards a broader trend of economic slowdown impacting the freight industry, requiring strategic adjustments from all players.

01/26/2026 Logistics Industry Insights
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Chinas Automotive Seat Market Expands Under HS Code 9401209000

Chinas Automotive Seat Market Expands Under HS Code 9401209000

The HS code 9401209000 refers to seats for other motor vehicles, which enjoy a 0% export tax rate and a 13% rebate rate, as well as preferential tax rates under various international agreements. Effective declaration elements and the absence of regulatory conditions provide a broad market prospect, presenting enterprises with significant opportunities.

08/05/2025 HS Code Query
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Jungheinrich Agvs Boost Automation in Manufacturing Efficiency

Jungheinrich Agvs Boost Automation in Manufacturing Efficiency

Jungheinrich introduces two AGVs, the EZS 350a NA and EKS 215a, to help companies upgrade their automation, improve material handling and warehousing efficiency, realize human-machine collaboration, and promote intelligent transformation. These AGVs offer solutions for optimizing internal logistics processes, reducing operational costs, and increasing throughput. By automating repetitive tasks, businesses can free up human resources for more strategic activities, ultimately driving productivity and competitiveness in the modern marketplace.

01/19/2026 Logistics
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Lithium Battery Export Rules Simplified for Electric Devices

Lithium Battery Export Rules Simplified for Electric Devices

This article provides a detailed explanation of the necessary documentation, precautions, and sea freight process for exporting equipment containing lithium batteries and electric vehicles. It emphasizes the importance of accurately declaring HS codes and avoiding misrepresentation or concealment. Exporters are advised to understand the policies of the destination country in advance to ensure smooth customs clearance. Mastering these key information points will help companies compliantly and efficiently expand into overseas markets.

08/21/2025 Logistics Encyclopedia
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