USPS Unveils 10year Plan to Adapt to Market Shifts

USPS Unveils 10year Plan to Adapt to Market Shifts

The United States Postal Service (USPS) announced its Q2 financial results, showing a narrowed loss and significant growth in parcel delivery. Its ten-year 'Delivering for America' plan aims to achieve financial sustainability and provide excellent service by improving cash flow, transitioning to an electric vehicle fleet, and enhancing customer experience. While the plan is promising, execution is key. Whether USPS can overcome challenges and regain its former glory remains to be seen. The parcel business is a bright spot, but long-term success hinges on effective implementation of the reform efforts.

01/15/2026 Logistics
Read More
Hanjin Shipping Collapse Highlights Global Supply Chain Risks

Hanjin Shipping Collapse Highlights Global Supply Chain Risks

The Hanjin Shipping bankruptcy case highlights significant hidden risks within supply chains, with creditors potentially recovering less than two cents on the dollar. This article reviews the bankruptcy event, analyzes the creditors' predicament, proposes early warning signs for corporate bankruptcy, and explores issues such as supply chain risk prevention, industry impact, digital transformation, and green shipping. The aim is to provide businesses with risk management advice and strategies for building more resilient supply chains in the face of future disruptions and financial instability in the shipping sector.

Chinaaustralia Direct Flights Still Suspended Alternatives Considered

Chinaaustralia Direct Flights Still Suspended Alternatives Considered

Direct flights between China and Australia have not fully recovered, but travelers can still reach Australia via transit hubs like Hong Kong, Singapore, Dubai, Abu Dhabi, Seoul, or Tokyo. Before traveling, please ensure you meet all visa, vaccination, and COVID-19 testing requirements and stay updated on the latest travel policies. It's crucial to check regulations of both your origin, transit, and destination countries to ensure a smooth journey.

02/02/2026 Logistics
Read More
US Manufacturing Growth Holds Steady Amid Supply Chain Challenges

US Manufacturing Growth Holds Steady Amid Supply Chain Challenges

The July ISM Manufacturing PMI indicates continued expansion in the US manufacturing sector, albeit with a slight pullback from previous highs. The PMI registered 59.5, marking the 14th consecutive month of growth. New orders and production growth slowed, while employment rebounded. Supply chain bottlenecks persisted, inventories contracted, and price increases moderated. Experts view July as a transitional month, maintaining a positive long-term outlook for manufacturing but emphasizing the need to address labor shortages and ongoing supply chain challenges.

US Chamber Urges Infrastructure Modernization As Market Hits 1T

US Chamber Urges Infrastructure Modernization As Market Hits 1T

The U.S. Chamber of Commerce strongly advocates for infrastructure modernization as crucial for economic revitalization. They urge the government to increase infrastructure investment, covering areas like roads, bridges, and network upgrades, while streamlining approval processes. The Chamber also addresses concerns regarding labor shortages and cybersecurity. They aim to provide businesses with actionable guidance for participating in the infrastructure market, ensuring projects are completed efficiently and securely, thus contributing to a stronger and more resilient economy.

North American Heavyduty Truck Orders Jump in February

North American Heavyduty Truck Orders Jump in February

North American Class 8 heavy-duty truck orders saw a counter-trend increase in February, ending a period of decline. Key drivers include fleet renewal, rebounding freight capacity, and easing chip shortages. While macroeconomic risks remain a concern, industry confidence is returning, and technological innovation is accelerating. This positive trend suggests a potential shift in the heavy-duty truck market, but careful monitoring of economic conditions is crucial.

01/20/2026 Logistics
Read More
Customs Duty Reassessment Rules and Compliance Strategies Explained

Customs Duty Reassessment Rules and Compliance Strategies Explained

This article provides a detailed interpretation of the scope and time limits for supplementary duty payments, including underpaid or missed duties due to classification or valuation errors after goods release, domestic sales transfer of specific duty-free or reduced-duty goods, and illegal smuggling. It clarifies the statute of limitations for customs to recover underpaid or missed taxes and emphasizes the importance of compliant operation for businesses and individuals to mitigate tax risks. Aiming to help enterprises understand the regulations and avoid potential tax liabilities.