US Service Sector Shrinks Stoking Economic Worries

US Service Sector Shrinks Stoking Economic Worries

The US Services PMI unexpectedly contracted in May, ending a ten-month growth streak. A sharp drop in new orders highlighted weakening demand and declining confidence. Increased industry divergence was observed, with experts warning of uncertainty due to trade tariffs. Businesses should closely monitor the market, optimize supply chains, improve efficiency, and strengthen risk management. Actively seeking policy support is also crucial for navigating the challenges and opportunities ahead and ensuring sustainable development.

01/19/2026 Logistics Industry Insights
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UPS Acquires MNX to Strengthen Healthcare Logistics

UPS Acquires MNX to Strengthen Healthcare Logistics

UPS plans to acquire MNX to strengthen its healthcare supply chain capabilities and expand its global time-critical transportation services. By integrating MNX's strengths, UPS aims to improve service efficiency and reach. This acquisition will enhance UPS's ability to provide specialized logistics solutions for the healthcare industry, particularly for sensitive and time-bound shipments. The move signifies UPS's commitment to investing in specialized sectors and bolstering its position in the competitive logistics market.

01/19/2026 Logistics
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Freight Market Stabilizes As Capacity Grows Green Shift Looms

Freight Market Stabilizes As Capacity Grows Green Shift Looms

A recent report suggests that US freight market capacity is expected to ease in the coming year, but rates are projected to remain high. Shippers are focused on strengthening contracts, expanding partnerships, reducing costs, and improving efficiency. They are also actively seeking electric or alternative energy vehicles to reduce emissions. While carriers show strong interest in electric vehicles, large-scale adoption faces challenges. Overall, the industry is confident in its ability to address these challenges.

01/19/2026 Logistics Industry Insights
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Diesel Prices Fall Easing Costs for Logistics Sector

Diesel Prices Fall Easing Costs for Logistics Sector

The average diesel price in the United States continues to decline, offering cost relief to the logistics industry. Analysis indicates that diesel prices are influenced by multiple factors, including crude oil prices, supply and demand dynamics, and geopolitical events, suggesting a potentially volatile future. Logistics companies should proactively manage fuel price fluctuations by optimizing transportation routes, adopting energy-saving technologies, and gradually investing in new energy vehicles to mitigate risks and enhance sustainability.

01/19/2026 Logistics
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Longshang Group Marks 19 Years in Crossborder Ecommerce Growth

Longshang Group Marks 19 Years in Crossborder Ecommerce Growth

Longshang Group celebrates its 19th anniversary, reflecting on its journey from a startup to a benchmark in the cross-border e-commerce industry. The celebration summarizes its successful experiences and looks forward to its future development direction. This anniversary event not only celebrates past achievements but also mobilizes future development, showcasing the company's culture and team cohesion. It marks a significant milestone and reinforces the company's commitment to growth and innovation in the global market.

01/23/2026 Logistics Industry Insights
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Automation Engineers Sought for Smart Manufacturing in Ningbo

Automation Engineers Sought for Smart Manufacturing in Ningbo

Non-standard automation engineer wanted in Cixi, Ningbo. Responsibilities include designing, drawing, and improving non-standard equipment. Hangzhou Liyi Exhibition Co., Ltd. Ningbo Office offers broad development prospects, contributing to the automation upgrade of the cross-border e-commerce industry. The work location is at Liyi Automation in Cixi City. We are looking for a motivated individual to join our team and contribute to innovative solutions in the field of non-standard automation.

01/23/2026 HS Code Query
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Saudi Arabia Boosts Customer Acquisition with Targeted Strategies

Saudi Arabia Boosts Customer Acquisition with Targeted Strategies

This article selects four efficient and authentic B2B platforms in Saudi Arabia and the Middle East for foreign trade companies, covering company directories, B2B platforms, local directories, and geolocation APIs. It helps foreign traders accurately acquire Saudi Arabian customers and achieve efficient customer acquisition through industry retrieval, keyword search, localized data, and map positioning. These resources enable businesses to effectively target potential clients in the Saudi market and expand their reach in the region.

01/23/2026 Logistics Industry Insights
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Jiangxi Ecommerce Association Boosts Crossborder Trade for Local Firms

Jiangxi Ecommerce Association Boosts Crossborder Trade for Local Firms

Jiangxi E-commerce Association actively promotes the development of Jiangxi's e-commerce industry and helps enterprises expand into the international market by building platforms, holding forums, and organizing research activities. The association is committed to building a resource-sharing and mutually beneficial business ecosystem, providing strong support for Jiangxi e-commerce companies to go global. It fosters collaboration and knowledge exchange to empower businesses and facilitate their entry into the competitive global e-commerce landscape.

01/23/2026 Logistics Industry Insights
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