US Economy Shows Resilience Despite Inflation Worries Bernstein

US Economy Shows Resilience Despite Inflation Worries Bernstein

Council of Economic Advisers Chair Bernstein analyzes the US economy through the lens of freight, emphasizing the importance of intermediate goods trade. He acknowledges the resilience of the job market but cautions about the risks of high prices. Bernstein highlights the government's commitment to balancing employment and inflation, with a focus on real wage growth. However, he emphasizes the need to address structural challenges to achieve stable economic growth and sustainable development. Continued efforts are required to navigate these complexities and ensure a balanced and prosperous economic future.

US Inflation Persists As Consumer Spending Stays Strong

US Inflation Persists As Consumer Spending Stays Strong

Jared Bernstein, Chairman of the Council of Economic Advisers, analyzed the US economic situation during a media call at the Port of Los Angeles. He emphasized the importance of intermediate goods trade, highlighting consumer spending as a key economic driver. Bernstein acknowledged that inflationary pressures persist. He argued for balancing growth with stability, addressing structural challenges to ensure steady economic progress. The administration is focused on navigating these complexities to foster a resilient and sustainable economy, while closely monitoring global economic trends and their potential impact on the US.

UPS to Add Air Conditioning to 5000 Delivery Trucks

UPS to Add Air Conditioning to 5000 Delivery Trucks

UPS is actively advancing its labor agreement with the Teamsters, including the installation of air conditioning in 5,000 existing delivery vehicles and testing cargo area air conditioning. This initiative aims to improve the working conditions for frontline employees and address the challenges posed by high temperatures. Despite previous friction between the two parties regarding network restructuring and other issues, the progress on this air conditioning plan demonstrates a shared commitment to improving employee welfare. This represents a significant step towards creating a safer and more comfortable environment for UPS workers.

01/21/2026 Logistics
Read More
Burkina Faso Customs Modernizes HR to Enhance West African Trade

Burkina Faso Customs Modernizes HR to Enhance West African Trade

Burkina Faso Customs, with the support of the World Customs Organization (WCO), has officially adopted human resource tools such as a competency framework and job catalogue to enhance talent management and organizational effectiveness. This initiative, a key outcome of the West Africa Customs Administration Modernization (WACAM) project, will help Burkina Faso Customs achieve its organizational goals, facilitate trade, and promote economic development in the West African region. The implementation aims to modernize HR practices and build a skilled workforce capable of meeting the challenges of international trade and customs administration.

Mozambique Tightens Customs to Curb Hazardous Waste Smuggling

Mozambique Tightens Customs to Curb Hazardous Waste Smuggling

The World Customs Organization (WCO), in collaboration with organizations like the United Nations Environment Programme (UNEP), held a workshop in Mozambique to enhance customs officers' awareness of the Basel Convention and the Montreal Protocol. This initiative aims to strengthen border control of hazardous waste and ozone-depleting substances. The activity is part of the Sida-WCO TFCM Programme, which supports developing countries' customs administrations in improving their environmental capabilities to address global environmental challenges collectively. The program focuses on building capacity for effective implementation and enforcement of relevant environmental agreements.

Semiconductor Demand Rises Amid Smart Tech Supply Chain Shifts

Semiconductor Demand Rises Amid Smart Tech Supply Chain Shifts

Smart technologies are transforming supply chains, presenting both opportunities and challenges for the semiconductor industry. The long-term growth trend remains positive, with favorable policies supporting green and smart technologies. Increased R&D collaboration is crucial to embrace the intelligent era. The semiconductor industry needs to adapt to the evolving demands of smart technology applications and navigate potential disruptions in the global supply chain. Investing in innovation and fostering partnerships will be key to success in this dynamic landscape. Focus on sustainable practices and talent development will also be essential.

US Service Sector Shrinks Unexpectedly Ending 10month Growth Streak

US Service Sector Shrinks Unexpectedly Ending 10month Growth Streak

The US Services PMI unexpectedly fell below 50 in May, ending ten consecutive months of growth. A significant decline in new orders was primarily driven by trade friction and uncertainty. Sector performance was mixed, with slight employment growth. The future development of the service sector needs to address challenges related to trade, inflation, demand, and supply chains, while also seizing opportunities in technological innovation and consumption upgrades. The unexpected contraction raises concerns about a potential economic slowdown and the impact of ongoing trade tensions on the service sector's performance.

TFI International Acquires DD Sexton to Expand Cold Chain Operations

TFI International Acquires DD Sexton to Expand Cold Chain Operations

TFI International's acquisition of D&D Sexton accelerates its expansion in cold chain logistics. This acquisition aims to broaden the cold chain network, enhance technological capabilities, optimize operational processes, and strengthen partnerships. The cold chain logistics market holds significant potential but faces challenges such as high costs, technical demands, and spoilage rates. TFI International's strategy is expected to drive industry progress and provide consumers with higher-quality cold chain services. This move signifies TFI's commitment to investing in and improving the efficiency and reliability of temperature-controlled transportation.

01/22/2026 Logistics
Read More
Lean Ecommerce Strategies Boost Putian Guangdong Entrepreneurs

Lean Ecommerce Strategies Boost Putian Guangdong Entrepreneurs

By 2026, the cross-border e-commerce market will be fiercely competitive. This article focuses on entrepreneurs in Putian and Guangdong, emphasizing the importance of a light asset model. It provides a practical guide covering five key aspects: hardware, software, mindset, decision-making, and private domain operation. The core argument is that in an uncertain environment, choice outweighs effort, and precise traffic acquisition combined with a long-term perspective are crucial for success. This guide aims to help entrepreneurs navigate the challenges and thrive in the evolving landscape of cross-border e-commerce.

Global Aviation Body IATA Elevates Flight Instructor Standards

Global Aviation Body IATA Elevates Flight Instructor Standards

IATA's CBTA Flight Instructor Training program aims to equip flight standards setters with competency-based training approaches, enhancing their ability to train and assess flight instructors. The course covers core topics such as CBTA fundamentals, instructor competencies, and Threat and Error Management. Through scenario simulations and practical exercises, participants will master assessment techniques and facilitation methods. This ultimately fosters more resilient pilots and improves overall flight safety levels. The training focuses on practical application and aims to cultivate instructors capable of developing pilots who can effectively manage real-world challenges.