U.S. retail sales edged up slightly in June, but the recovery remains weak, hampered by high oil prices, a sluggish housing market, and stagnant job growth. Experts advise retail businesses to refine operations, embrace change, and strengthen supply chain management. Paying close attention to macroeconomic trends is also crucial for navigating these challenges.
IATA data reveals sluggish growth in the global air cargo market, impacted by weak global trade and rising protectionism. Asia-Pacific and the Middle East demonstrate relatively better performance, while Europe, the Americas, and Africa face declines. The industry is urging the dismantling of trade barriers and embracing digital transformation to address these challenges.
The Supply Chain Council (SCC), a bipartisan organization, aims to strengthen U.S. supply chains by uniting businesses and labor. Its mission is to protect jobs, invest in infrastructure, and address global instability. Emphasizing collaboration and advocacy, the Council promotes policies at all levels to enhance supply chain resilience and sustainability, tackling current global supply chain challenges. The SCC seeks to foster a robust and secure supply chain ecosystem for the United States.
The US service sector showed robust growth at the end of 2025, with the PMI reaching 54.4, a new high for the year. Significant divergence exists across industries, and trade policies and tariffs continue to impact businesses. A slowdown in new order growth may indicate risks, but overall market confidence is gradually recovering. Looking ahead to 2026, the outlook for service sector growth is cautiously optimistic, with attention needed on changes in demand structure.
Data from the Intermodal Association of North America (IANA) shows a continued decline in North American intermodal volumes, though the rate of decrease is slowing. This downturn is attributed to a combination of macroeconomic conditions, internal industry factors, and geopolitical influences. IANA suggests that challenges and opportunities coexist, identifying cross-border trade as a potential growth area. Businesses need to transform and innovate, improve service quality and efficiency, expand service offerings, embrace technological innovation, and strengthen cooperation and collaboration to succeed in this evolving landscape.
According to the Association of American Railroads, U.S. rail freight traffic decreased by 7.9% year-over-year for the week ending May 9, while intermodal traffic increased by 3.8%, showing a diverging trend. Shipments of motor vehicles & parts and petroleum products increased, while coal shipments decreased significantly. Year-to-date, rail freight traffic is down 1.8%, and intermodal traffic is up 1.7%. Rail freight companies need to actively transform and expand their intermodal transportation business.
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.
US rail freight volume has recently shown a slight rebound, but overall recovery still faces challenges. Intermodal transportation performed well, with steady growth in cumulative data throughout the year. Macroeconomics, energy policies, supply chain bottlenecks, technological innovation, and competitive landscape are key factors affecting rail freight. In the future, railway companies need to actively adapt to market changes, seize opportunities, and achieve sustainable development.
US manufacturing output contracted for the eighth consecutive month in October. The PMI index remained below the expansion/contraction threshold, with trade friction contributing to uncertainty. Uneven industry performance and weak demand were primary drivers. Business confidence was dampened, hindering long-term investment. The path to manufacturing recovery is fraught with challenges.
The US Services PMI has grown for five consecutive months, albeit at a slower pace, with persistent price pressures. Sub-indices present a mixed picture, and industry performance is divergent. Experts interpret this as a return to trend, while businesses are concerned about policy impacts. Looking ahead, macroeconomic conditions, inflation, interest rates, policy changes, and technological innovation will collectively shape the development of the services sector.
