US Nonmanufacturing Sector Expands Steadily in May ISM

US Nonmanufacturing Sector Expands Steadily in May ISM

The Institute for Supply Management (ISM) reported robust growth in the U.S. non-manufacturing sector for May, with the NMI index reaching 56.9, marking the 112th consecutive month of expansion. Eleven industries experienced growth, with a notable increase in the employment indicator. Experts suggest that despite challenges like trade tensions, consumer confidence and low inflation are providing tailwinds for the economy. Overall, the non-manufacturing sector is outperforming the manufacturing sector.

01/29/2026 Logistics Industry Insights
Read More
Arrive Logistics Raises 300M Led by ATL Partners for Expansion

Arrive Logistics Raises 300M Led by ATL Partners for Expansion

Arrive Logistics has secured over $300 million in funding to accelerate its growth through technology upgrades, service expansion, and team expansion. The investment will enable the company to further innovate its platform, broaden its service offerings to meet evolving customer needs, and strengthen its team to support continued growth and market leadership. This funding underscores investor confidence in Arrive Logistics' vision and its ability to transform the freight brokerage industry.

01/30/2026 Logistics
Read More
Midsize US Firms Cautiously Optimistic on Economic Recovery

Midsize US Firms Cautiously Optimistic on Economic Recovery

A CIT Group study reveals increased confidence among US mid-sized business executives regarding the business outlook, yet concerns persist about rising taxes, government regulations, healthcare compliance, and the current economic situation. Companies need to monitor policy changes, strengthen risk management, embrace innovation, and actively communicate to address challenges and achieve sustainable development. Focus on proactive strategies to navigate the evolving landscape and ensure long-term success amidst potential headwinds.

02/04/2026 Logistics Industry Insights
Read More
Europe Ocean Freight Rates Fall Amid Shifting Trade Trends

Europe Ocean Freight Rates Fall Amid Shifting Trade Trends

This article delves into the key factors influencing European sea freight rates, including overcapacity, fuel costs, weak demand, port congestion, and market confidence. It predicts that freight rates are likely to maintain a downward trend in the short term, with potential stabilization expected in the second half of 2024. The decline in sea freight rates will reduce business costs, enhance competitiveness, and benefit consumers with more affordable goods and services.

02/05/2026 Logistics
Read More
Zonguldak Airport Boosts Global Links and Local Economy

Zonguldak Airport Boosts Global Links and Local Economy

This article provides basic information about Zonguldak Airport in Turkey and its flight schedules, highlighting its significant role in promoting regional economic and cultural exchanges. The airport currently operates flights to two major cities in Germany, offering opportunities for local tourism and business development.

08/08/2025 Airport Codes
Read More
Maersk Reports US Tariff Impacts Trade Strategies Amid Global Challenges

Maersk Reports US Tariff Impacts Trade Strategies Amid Global Challenges

Maersk recently revealed that the average effective tariff in the U.S. currently stands at 21%, significantly down from 54% in April. The company anticipates that global trade and consumer confidence in the coming months will be influenced by a potential trade agreement expected to be reached by July 9. Clients across various industries are gradually reducing their dependence on China, demonstrating the flexibility of businesses to adapt to changes in international trade.

08/06/2025 Logistics Industry Insights
Read More
China Merchants Bank Explains Swift Codes for Global Transfers

China Merchants Bank Explains Swift Codes for Global Transfers

This article provides a detailed explanation of China Merchants Bank's (CMB) SWIFT code, CMBCCNBS050, outlining its structure, usage scenarios, and significance. It also offers practical advice on avoiding SWIFT code errors to help users conduct cross-border remittances safely and efficiently. Understanding the SWIFT code is crucial for ensuring smooth and accurate international money transfers through CMB. The guide aims to demystify the process and empower users to navigate cross-border payments with confidence.

09/04/2025 International Settlement
Read More
Rabobanks FLORNL2ACAR SWIFT Code Explained for Global Transfers

Rabobanks FLORNL2ACAR SWIFT Code Explained for Global Transfers

This article explains the SWIFT code FLORNL2ACAR of ABN AMRO bank, detailing its structure, purpose, and significance. It differentiates between SWIFT and IBAN, and provides methods for looking up SWIFT codes, thereby facilitating cross-border remittances. Understanding the SWIFT code is crucial for ensuring accurate and efficient international money transfers involving ABN AMRO. The article aims to demystify the complexities of SWIFT codes and empower users to navigate the international banking system with greater confidence.

09/03/2025 International Settlement
Read More
Rupali Bank Plcs SWIFT Code Simplifies International Transfers

Rupali Bank Plcs SWIFT Code Simplifies International Transfers

This article provides a detailed explanation of RUPALI BANK PLC.'s SWIFT code, RUPBBDDHCBM. It breaks down the code's components, explains its usage and significance in international transactions, and offers practical tips to avoid SWIFT code errors. The aim is to help users conduct cross-border remittances safely and efficiently by understanding the intricacies of this crucial bank identifier. This knowledge empowers individuals and businesses to navigate international financial transfers with greater confidence and accuracy.

09/03/2025 International Settlement
Read More