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New Senate bill targets 'chameleon carriers' that reopen to escape penalties Werner Enterprises Posts Highest Revenue Per Truck Growth in One-Way Segment in a Decade CMA CGM and Stonepeak Launch United Ports LLC in $2.4 Billion Terminal Joint Venture UPS shift away from Amazon shows bigger payoff Lanesurf: 62% of Loads Get Vetted Carrier Offers Before Brokers Arrive India-China Border Trade Via Lipulekh Resumes Aug 1; China Permits 20 Traders Geopolitics Drives CMA CGM Q2 Profit Surge of 42% as Volumes and Rates Climb Benchmark Diesel Price Rises Third Week as Futures Plunge; Spread Hits Record Indian Government Limits Sugar Dealers to 400 Tonnes Stock Until November to Curb Hoarding Tenants signing longer leases for larger warehouses as 3PLs lock in capacity New Senate bill targets 'chameleon carriers' that reopen to escape penalties Werner Enterprises Posts Highest Revenue Per Truck Growth in One-Way Segment in a Decade CMA CGM and Stonepeak Launch United Ports LLC in $2.4 Billion Terminal Joint Venture UPS shift away from Amazon shows bigger payoff Lanesurf: 62% of Loads Get Vetted Carrier Offers Before Brokers Arrive India-China Border Trade Via Lipulekh Resumes Aug 1; China Permits 20 Traders Geopolitics Drives CMA CGM Q2 Profit Surge of 42% as Volumes and Rates Climb Benchmark Diesel Price Rises Third Week as Futures Plunge; Spread Hits Record Indian Government Limits Sugar Dealers to 400 Tonnes Stock Until November to Curb Hoarding Tenants signing longer leases for larger warehouses as 3PLs lock in capacity
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credit cards

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Banks opt to deepen card usage within existing base Finance
Banking #banks#card usage

Banks opt to deepen card usage within existing base

Banks are increasingly issuing multiple credit cards to existing customers rather than onboarding new ones, resulting in just 5.2 crore unique cardholders against 10.7 crore cards in circulation as of March 2026, according to TransUnion Cibil's 'Beyond the Swipe' report. The shift reflects a decade-long trend of deepening usage rather than expanding ownership, with the share of consumers holding three or more cards rising from 12% in 2016 to 22% in 2026.

Jul 9, 2026 1 source
India's Credit Card Market Grows 8x in Decade but Penetration Remains Low at 25% Finance
Banking #credit cards#india

India's Credit Card Market Grows 8x in Decade but Penetration Remains Low at 25%

A TransUnion CIBIL report reveals India's credit card market has expanded sharply over the past decade, with outstanding balances rising 8.3 times to Rs 3.1 lakh crore. However, penetration remains low at 25%, compared to over 60% in Colombia, UK, USA, and Hong Kong. New-to-credit additions have slumped to 8% of fresh cards, indicating limited expansion of the formal credit ecosystem.

Jul 8, 2026 1 source
Jersey Government to Share Personal Data With UK Credit Agencies From July 30 Finance
Banking #credit cards#jersey

Jersey Government to Share Personal Data With UK Credit Agencies From July 30

Jersey's government will securely share residents' personal data with UK credit reference agencies from 30 July 2026, unless they opt out, to improve access to credit cards. The move has drawn mixed reactions: some islanders welcome easier credit applications, while others worry about data privacy. Consumer Council calls it a relief for those previously unable to obtain credit.

Jul 3, 2026 1 source