Singapore Tightens Employment Pass Rules for 2026 Business Guide

Singapore Tightens Employment Pass Rules for 2026 Business Guide

Singapore is implementing new EP/S Pass policies in 2026, raising salary thresholds, restricting foreign quotas, and strengthening job approvals. Companies need to focus on the compliance of contract texts, job matching, and supporting documents. Building a sound compliance system and planning ahead are crucial to adapt to the new regulations and smoothly attract talent. Businesses should proactively conduct compliance self-checks to ensure they meet the upcoming requirements and avoid potential penalties. Early preparation is key to navigating the evolving landscape of Singapore's foreign workforce regulations.

Penske Logistics Acquires Black Horse Carriers to Expand Services

Penske Logistics Acquires Black Horse Carriers to Expand Services

Penske Logistics' acquisition of Black Horse Carriers aims to expand its contract carriage business, complement its customer and industry portfolio, and enhance technological capabilities. This acquisition reflects the accelerating trend of industry consolidation within the logistics sector, potentially increasing industry concentration, intensifying competition, and accelerating technological innovation. Key to a successful integration lies in cultural alignment, operational integration, customer retention, and technology integration. The deal signifies a strategic move by Penske to strengthen its market position and capitalize on the evolving landscape of the logistics industry.

01/26/2026 Logistics
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CEVA Logistics Adapts to Global 3PL Market Shifts

CEVA Logistics Adapts to Global 3PL Market Shifts

This article provides an in-depth analysis of CEVA Logistics' Q1 performance, examining the performance of contract logistics, ocean freight, and air freight segments. It also explores global 3PL market trends. CEVA executives emphasize the importance of focusing on end-to-end supply chain value, enhancing global service consistency, and actively embracing sustainable development strategies to address market challenges and achieve sustainable growth. The analysis highlights key factors influencing CEVA's results and provides insights into the broader dynamics of the third-party logistics industry.

Exporters Face Rising Air Freight Costs Seek Dispute Solutions

Exporters Face Rising Air Freight Costs Seek Dispute Solutions

This article addresses international air freight charge disputes encountered by foreign trade enterprises. It analyzes common dispute types, provides a five-step process for handling them, and emphasizes the importance of building a risk prevention and control system. The aim is to help companies control risks throughout the entire process, from quotation and contract signing to settlement, thereby reducing losses and increasing profit margins. By proactively managing these risks, businesses can navigate the complexities of international trade more effectively and safeguard their financial interests.

East Coast Gulf Ports Secure Sixyear Labor Deal Avoid Strikes

East Coast Gulf Ports Secure Sixyear Labor Deal Avoid Strikes

The United States Maritime Alliance (USMX) and the International Longshoremen's Association (ILA) have reached a tentative labor agreement, bringing six years of stability to the US East and Gulf Coast ports. The agreement includes details on wage increases and contract duration, subject to member ratification. This development is expected to avert potential labor disruptions, alleviating shippers' concerns about the supply chain and shifting focus to labor negotiations on the West Coast. The deal provides much-needed certainty for businesses relying on these vital trade gateways.

01/29/2026 Logistics
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Legal Guide Aids Firms in Managing Global Trade Risks

Legal Guide Aids Firms in Managing Global Trade Risks

This paper provides comprehensive legal risk control guidance for enterprises facing international trade risks under complex international economic and trade situations. It covers pre-event customer due diligence, contract optimization, and compliance system construction; mid-event applicable law and jurisdiction responses; and post-event cross-border enforcement remedies. Furthermore, it proposes strategies for dealing with US trade frictions, helping companies to steadily expand overseas. Aiming to provide a practical guide for navigating the complexities of international trade and ensuring compliance while mitigating potential risks.

Chinese Engineers Enhance US Appliance Sales with Aftersales Support

Chinese Engineers Enhance US Appliance Sales with Aftersales Support

With the booming e-commerce market for small appliances in the US, after-sales service has become crucial. Choosing the right US after-sales repair overseas warehouse is essential. This guide provides e-commerce sellers with detailed selection criteria, covering aspects such as warehouse location, repair capabilities, inventory management, service quality, fee structure, return policies, communication skills, compliance, technical support, and contract terms. It aims to help Chinese sellers succeed in the US market by ensuring efficient and reliable after-sales support for their small appliance products.

01/30/2026 Warehousing
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Major Shipping Firms Form Advisory Council to Address Capacity Shortages

Major Shipping Firms Form Advisory Council to Address Capacity Shortages

Facing shipper dissatisfaction and regulatory pressure, WTSA announced plans to potentially establish a shipper advisory board to address capacity shortages and service contract issues, while actively cooperating with the FMC's investigation. Simultaneously, U.S. House representatives are pushing to revoke shipping companies' antitrust immunity, aiming to maintain fair competition and protect shipper rights. The future direction of the shipping industry remains uncertain, requiring collaborative efforts from all stakeholders. This includes addressing concerns about limited capacity and ensuring fair practices within the context of antitrust regulations.

US Manufacturing Slows Amid Weak Demand and Structural Shifts

US Manufacturing Slows Amid Weak Demand and Structural Shifts

The ISM Manufacturing PMI for October indicates expansion, but at a slower pace, revealing weak demand and sector divergence. New orders continue to contract, and downward pressure on prices is evident. Businesses express caution regarding future economic prospects. While global supply chain bottlenecks are easing and the labor market remains stable, providing support for manufacturing, companies need to be keenly aware of market changes and proactively adjust strategies to meet the challenges. The overall outlook suggests a need for careful navigation amidst slowing growth and uncertain demand.

US Truckload Volume Falls Rates Rise Amid Peak Season

US Truckload Volume Falls Rates Rise Amid Peak Season

The US truckload freight market in September saw a complex situation with declining volumes but slightly increased rates. Dry van and refrigerated volumes decreased, while flatbed saw a slight increase. Spot rates generally rose, but contract rates declined. Analysts believe the rate increase is not demand-driven but due to capacity imbalances. They are cautious about the upcoming peak season, anticipating continued weak volumes and carrier exits from the market. This suggests a challenging environment for the trucking industry despite the temporary rate increase.