US Services Sector Remains Strong in February Amid Pandemic

US Services Sector Remains Strong in February Amid Pandemic

U.S. non-manufacturing activity unexpectedly accelerated in February, showing resilience despite the COVID-19 pandemic. Most industries continued to expand, with strong gains in new orders and employment. Analysts note that the pandemic introduces uncertainty, but consumer confidence and Federal Reserve interest rate cuts are expected to support future growth. The positive data suggests underlying strength in the service sector, a key driver of overall economic expansion, even as challenges persist from the ongoing health crisis.

01/29/2026 Logistics Industry Insights
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North American Trucking Strains Under Demand Surge Supply Chain Issues

North American Trucking Strains Under Demand Surge Supply Chain Issues

North American Class 8 heavy-duty truck orders continue to surge, exacerbating capacity shortages and a deepening supply chain crisis. Demand is driven by economic recovery and rising freight rates, while supply faces challenges such as component shortages and port congestion. This analysis delves into the current market situation, driving factors, and future outlook, offering insights for Chinese companies. Strong demand coupled with constrained supply creates significant market volatility and highlights the need for resilient supply chain strategies.

01/29/2026 Logistics
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North American Class 8 Truck Orders Fall in January Outlook Steady

North American Class 8 Truck Orders Fall in January Outlook Steady

Recent data indicates a slight month-over-month decrease in North American Class 8 truck orders for January, but a year-over-year increase, suggesting continued strong overall demand. Experts believe that short-term fluctuations are inevitable, but in the long term, the heavy-duty truck market still has growth potential, driven by economic recovery, infrastructure development, and the expansion of e-commerce. The market shows resilience and positive long-term prospects despite the recent dip in monthly orders.

01/29/2026 Logistics
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Burkina Faso Improves Customs Valuation with WCO Support

Burkina Faso Improves Customs Valuation with WCO Support

The Burkina Faso General Directorate of Customs (DGD) sought technical assistance from the World Customs Organization (WCO) to rebuild its autonomous customs valuation capacity. The WCO assisted by conducting a diagnostic assessment of the DGD's existing system and providing recommendations for improvement. This support helped the DGD establish an efficient, transparent, and compliant customs valuation system, enhancing its autonomous regulatory capabilities and promoting national economic development. The assistance focused on strengthening internal expertise and processes related to valuation.

01/26/2026 Customs Knowledge
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Albania Joins Kyoto Convention to Enhance Trade

Albania Joins Kyoto Convention to Enhance Trade

Albania's accession to the Revised Kyoto Convention brings the number of contracting parties to 86, further promoting global trade facilitation. The Convention aims to reduce trade costs and improve customs clearance efficiency by simplifying customs procedures, applying information technology, implementing risk management, and strengthening international cooperation. This provides new impetus for global economic development. The revised Kyoto Convention is a key instrument for harmonizing and simplifying customs procedures worldwide, contributing to a more efficient and predictable international trade environment.

01/26/2026 Customs Knowledge
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New Shenzhentaiwan Shipping Route Enhances Crossstrait Trade

New Shenzhentaiwan Shipping Route Enhances Crossstrait Trade

The Shenzhen-Taiwan dedicated shipping line serves as a vital trade route connecting both sides of the Taiwan Strait. By optimizing schedules, simplifying procedures, and improving efficiency, it accelerates cross-strait economic and trade exchanges. This dedicated line covers major ports in Taiwan, offers a variety of vessel options, ensures fast transit times, and provides convenient operations. It is a crucial choice for businesses connecting to both markets across the strait, facilitating smoother and faster trade.

01/26/2026 Logistics
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Chinaeurope Sea Trade Boosts New Silk Road Economy

Chinaeurope Sea Trade Boosts New Silk Road Economy

The China-Europe sea route is a crucial trade channel connecting China and Europe, handling a significant volume of cargo transportation and fostering economic development for both sides. With a long history and numerous shipping companies involved, the route plays a vital role in the prosperity of China-Europe trade. The shipping time typically ranges from 25 to 45 days, and the price is influenced by various factors. It's an essential component of global supply chains.

01/26/2026 Logistics Encyclopedia
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China Russia Strengthen Ties with Connectivity Upgrades

China Russia Strengthen Ties with Connectivity Upgrades

Strengthened connectivity between China and Russia is evident across air, rail, land ports, and waterway transportation. This convenient transportation network not only promotes bilateral trade and people-to-people exchanges but also lays a solid foundation for deepening the strategic partnership. Moving forward, both countries should continue to strengthen infrastructure construction and improve connectivity levels, injecting new impetus into the sustained development of bilateral relations. This will enhance economic cooperation and facilitate greater cultural understanding between the two nations.

01/26/2026 Logistics Encyclopedia
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Colombia Moves to Fasttrack Kyoto Convention for Trade

Colombia Moves to Fasttrack Kyoto Convention for Trade

The Director of the Colombian Tax and Customs Authority has pledged to ratify the Revised Kyoto Convention in the coming months. This move aims to simplify customs procedures, reduce trade costs, and enhance customs efficiency. By increasing transparency in the trade environment, the ratification is expected to boost Colombia's economic growth and international trade standing. The implementation of the Kyoto Convention will streamline processes and promote greater predictability for businesses engaged in international trade with Colombia.

01/26/2026 Customs Knowledge
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WCO Aids Cte Divoire in Customs Reform

WCO Aids Cte Divoire in Customs Reform

The World Customs Organization (WCO) is assisting the Ivorian General Directorate of Customs (DGD) in enhancing its customs valuation and commodity classification capabilities. An expert team conducted a diagnostic assessment in Côte d'Ivoire, engaging with customs officials and the private sector to propose improvements. Recommendations include strengthening personnel training, refining regulations, upgrading IT infrastructure, and fostering international cooperation. The aim is to establish an efficient and transparent customs management system, promoting economic development and trade facilitation in Côte d'Ivoire.

01/26/2026 Customs Knowledge
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