US Services Sector Stays Strong Despite Minor ISM Decline

US Services Sector Stays Strong Despite Minor ISM Decline

Despite a slight dip, the October ISM Non-Manufacturing Index indicates continued solid expansion in the sector, marking its 81st consecutive month of growth. The index remains consistent with the average of the past 12 months, demonstrating the non-manufacturing sector's strong resilience and its significant support for US economic growth. This suggests the sector remains a key driver of the overall economy, contributing positively to its ongoing expansion.

01/29/2026 Logistics Industry Insights
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North American Intermodal Volumes Split in July Domestic Rises International Falls

North American Intermodal Volumes Split in July Domestic Rises International Falls

According to the Intermodal Association of North America, total North American intermodal freight volume decreased by 1.8% year-over-year in July. However, domestic container and trailer shipments increased by 11% and 10.8% respectively, offsetting a 12.8% decline in international standard container shipments. The strong growth in domestic transportation reflects the resilience of the North American economy, while the decline in international transportation suggests the complexity of the global economic situation.

01/28/2026 Logistics
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Congress Averts US Freight Rail Strike to Protect Supply Chains

Congress Averts US Freight Rail Strike to Protect Supply Chains

The U.S. Congress passed legislation to avert a potential freight railroad strike, safeguarding supply chain stability and economic growth. The agreement includes wage increases, improved benefits, and addresses work-life balance concerns for employees. All parties involved have expressed that the agreement serves as a foundation for future cooperation. This action prevents significant disruptions to the national economy and ensures the continued flow of essential goods and services.

01/28/2026 Logistics
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US Services Sector Expands Strongly in February Despite Pandemic

US Services Sector Expands Strongly in February Despite Pandemic

The US ISM report indicates robust growth in the non-manufacturing sector in February, despite the COVID-19 pandemic. The NMI index reached a new high, with widespread industry gains and positive key indicators demonstrating economic resilience. Experts caution about the ongoing impact of the pandemic but maintain a cautiously optimistic outlook for the future. The strong performance suggests underlying strength in the US economy, even amidst global uncertainties.

01/28/2026 Logistics Industry Insights
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CBRE Highlights Untapped Industrial Logistics Real Estate Potential

CBRE Highlights Untapped Industrial Logistics Real Estate Potential

A CBRE report highlights the potential of 14 strategic industrial and logistics real estate markets in the US. These markets exhibit high demand exceeding supply, rising rents, and boast superior infrastructure and labor forces. Strategic markets offer investors higher yields and diversification opportunities, but thorough due diligence of the local economic environment is crucial. Investors can find opportunities in these markets, but should also be aware of the local economy.

01/27/2026 Logistics Industry Insights
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Trucking Firms Raise Wages Amid Driver Shortage

Trucking Firms Raise Wages Amid Driver Shortage

The US trucking industry faces a significant driver shortage, prompting companies to attract talent by increasing wages and improving working conditions. The implementation of the Electronic Logging Device (ELD) mandate has impacted the industry. Future trends include improved driver benefits, technological innovation, accelerated industry consolidation, and a focus on green initiatives. Trucking plays a crucial role in the US economy, and its regulatory framework ensures safe and compliant operations.

01/27/2026 Logistics Industry Insights
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Kampong Gelam Adopts Digital Tools to Boost Singapores Cultural District

Kampong Gelam Adopts Digital Tools to Boost Singapores Cultural District

Kampong Gelam, Singapore, has launched five digital initiatives to help traditional businesses embrace the digital economy and enhance the community's appeal. These initiatives include e-payments, digital maps, AR navigation, convenient delivery services, and integrated POS systems. This collaboration between government, educational institutions, and enterprises will further deepen the digital transformation. The future Kampong Gelam will be more intelligent and interconnected, providing consumers with a higher quality experience.

01/27/2026 Logistics Industry Insights
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Shipping Costs Surge for Canadabound Packages

Shipping Costs Surge for Canadabound Packages

High shipping rates in Canada are driven by a combination of factors, including transportation costs, logistical bottlenecks, and market dynamics. Consumers and businesses can mitigate these costs by optimizing logistics strategies and choosing economical shipping methods. The government should invest in infrastructure and streamline customs clearance processes. Collaborative efforts are needed to reduce shipping costs and promote trade development. Addressing these issues will benefit both consumers and the overall Canadian economy.

01/28/2026 Logistics Industry Insights
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Logistics Index Offers New Economic Forecasting Insight

Logistics Index Offers New Economic Forecasting Insight

The Logistics Manager Index (LMI), inspired by the PMI, is a monthly survey of key logistics indicators, offering a novel perspective on economic forecasting. It faces challenges related to data quality and analytical tools, requiring continuous improvement. The LMI aims to provide timely insights into the logistics sector and its impact on the broader economy, helping businesses and policymakers make informed decisions regarding supply chain management and economic outlook.

01/29/2026 Logistics Industry Insights
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East Coast Dockworkers Near Deal to Ease Supply Chain Concerns

East Coast Dockworkers Near Deal to Ease Supply Chain Concerns

The ILA and USMX are negotiating a long-term contract to stabilize labor relations at US East Coast and Gulf Coast ports, reducing the risk of strikes. This is crucial for maintaining supply chain stability. However, issues such as automation remain a significant challenge in reaching an agreement. A successful negotiation is vital for the US economy and the smooth flow of goods through these critical port gateways.

01/29/2026 Logistics Industry Insights
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