US Service Sector Expands Amid Employment Worries

US Service Sector Expands Amid Employment Worries

The ISM report indicates that while the non-manufacturing sector has expanded for 24 consecutive months, the employment index fell to 48.9, raising concerns about the economic outlook. Business activity and new orders increased, but the overall growth rate slowed. Inventory buildup may be in anticipation of future demand. Rising prices reflect ongoing cost pressures. Going forward, close attention should be paid to the labor market and the global economic situation to assess the potential impact of these trends.

01/28/2026 Logistics Industry Insights
Read More
North American Class 8 Truck Orders Drop Sharply on Trade Uncertainty

North American Class 8 Truck Orders Drop Sharply on Trade Uncertainty

North American Class 8 truck orders plummeted in February, falling over 30% year-over-year, significantly below expectations. This decline is largely driven by trade policy uncertainty, tightening emission regulations, and slowing economic activity. Businesses should closely monitor policy developments, optimize supply chains, strengthen technological innovation, and flexibly adjust production plans to navigate these market challenges. The steep drop highlights growing concerns about the economic outlook and the impact of external factors on the trucking industry.

02/03/2026 Logistics Industry Insights
Read More
Trade War Fears Raise Recession Risks for Freight Sector

Trade War Fears Raise Recession Risks for Freight Sector

Escalating global trade tensions and the trade war are profoundly impacting the freight economy, leading to slower economic growth, increased inflation, and cautious business investment. Declining consumer confidence could trigger a recession, and policy uncertainty further amplifies market risks. Businesses need to closely monitor macroeconomic trends, deeply analyze market data, and leverage advanced technologies to navigate these challenges. Understanding the interplay between trade disputes, freight activity, and overall economic health is crucial for strategic decision-making in this volatile environment.

01/07/2026 Logistics Industry Insights
Read More
North American Class 8 Truck Orders Rise in May Amid Recovery

North American Class 8 Truck Orders Rise in May Amid Recovery

North American Class 8 truck orders rebounded significantly in May, exceeding expectations according to FTR and ACT Research data, though still below replacement demand. Fleet demand resilience and order backlogs are supporting production. Economic conditions, technological advancements, and regulatory policies will continue to shape the market. The industry needs to pay attention to long-term trends and actively respond to challenges. This positive order activity signals continued, albeit moderated, strength in the heavy-duty truck market despite broader economic uncertainties.

01/19/2026 Logistics
Read More
US Service Sector Growth Slows but Expands in January

US Service Sector Growth Slows but Expands in January

The ISM's January report indicates a slowdown in non-manufacturing activity in the US, but the NMI remains above 50, signaling continued overall expansion. While sub-indexes experienced declines, they remain in growth territory. Sector performance is mixed, and experts hold differing views on the economic outlook. Non-manufacturing is crucial to the US economy, and closely monitoring its performance is essential for understanding the economic pulse. The NMI suggests a moderate pace of expansion despite some softening in key indicators.

01/28/2026 Logistics Industry Insights
Read More
US Retail Imports Hit Record High Despite Trade Tensions

US Retail Imports Hit Record High Despite Trade Tensions

Port Tracker forecasts record-high U.S. retail cargo volume this summer, but trade friction poses a risk. Retailers need to diversify sourcing, and the government should stabilize the trade environment. The predicted surge in imports suggests strong consumer demand. However, ongoing trade disputes could disrupt supply chains and increase costs. Diversifying sourcing and fostering stable trade relations are crucial for mitigating these risks and ensuring continued economic growth. Monitoring port activity provides valuable insights into consumer spending and overall economic health.

01/28/2026 Logistics
Read More
The Key Role and Development Trends of International Freight Forwarding

The Key Role and Development Trends of International Freight Forwarding

International freight forwarding, as an economic activity, is entrusted by clients to provide transportation and related services for import and export goods. It encompasses various transportation modes to adapt to global trade development. Due to changes in the market economy, individuals and businesses increasingly rely on freight forwarders for professional handling of specific matters to facilitate trade.

07/16/2025 Logistics Encyclopedia
Read More
US Manufacturing Growth Slows in March Exports Stay Strong

US Manufacturing Growth Slows in March Exports Stay Strong

The US Manufacturing PMI for March was 51.3, a slight decrease from the previous month but still above the breakeven point, indicating continued expansion in manufacturing activity. New orders and production growth slowed, but employment bucked the trend and increased. Export performance was strong, suggesting continued global economic vitality. Overall, the US manufacturing sector maintains a steady growth momentum.

01/28/2026 Logistics Industry Insights
Read More
CN Rail Resumes Operations As CPKC Faces Arbitration Amid Economic Worries

CN Rail Resumes Operations As CPKC Faces Arbitration Amid Economic Worries

Canadian National Railway (CN) has resumed operations, while the Canadian Pacific Railway (CP) strike continues. The government has intervened with arbitration to prevent further economic damage. Rail transport is crucial to the Canadian economy and requires stable development. The ongoing labor dispute highlights the importance of fair labor practices within the railway industry and the potential for significant disruption to supply chains and economic activity when these issues are not resolved promptly. Government intervention underscores the critical role of rail in the nation's infrastructure.

01/07/2026 Logistics
Read More
US Services Sector Growth Slows As Economic Concerns Mount

US Services Sector Growth Slows As Economic Concerns Mount

The US non-manufacturing index edged down in April but remained in expansion territory. Key indicators saw a broad decline, suggesting slightly weakened growth momentum. Supplier deliveries slowed, order backlogs increased, and the price index fell sharply. Company feedback was mixed, with rising oil prices pushing up costs. The future direction hinges on economic activity in May and June. Overall, the non-manufacturing sector remains resilient, but the economic outlook remains uncertain. While still expanding, the deceleration and mixed signals suggest caution regarding future growth prospects.

01/28/2026 Logistics Industry Insights
Read More