US Service Sector Growth Hits Twoyear Low Amid Eased Recession Concerns

US Service Sector Growth Hits Twoyear Low Amid Eased Recession Concerns

The US Services PMI hit a two-and-a-half-year low, indicating a slowdown in growth, although it remains in expansion territory. Slower order growth, employment contraction, and rising prices are key challenges. Experts believe that the risk of economic recession is manageable, with inflation and interest rates being crucial influencing factors. Future attention should be focused on inflation trends and the Federal Reserve's interest rate policy. Despite the slowdown, the services sector continues to contribute to overall economic activity, but its performance warrants close monitoring.

01/30/2026 Logistics Industry Insights
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TIA Blasts FMCSA Over 1B Freight Fraud Inaction

TIA Blasts FMCSA Over 1B Freight Fraud Inaction

The Transportation Intermediaries Association (TIA) criticizes the Federal Motor Carrier Safety Administration's (FMCSA) Broker Transparency Notice of Proposed Rulemaking (NPRM) for neglecting freight fraud. TIA argues the NPRM fails to address the industry issue that costs the U.S. supply chain over a billion dollars annually. TIA urges FMCSA to prioritize combating freight fraud and implement more effective measures to protect consumers and businesses. They believe the current proposal overlooks a critical vulnerability in the freight transportation system, hindering fair competition and potentially increasing costs for shippers.

02/03/2026 Logistics Industry Insights
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US House Passes CORCA Act to Tackle Retail Crime

US House Passes CORCA Act to Tackle Retail Crime

The House Judiciary Committee passed the Combating Organized Retail Crime Act of 2025 (CORCA), aiming to strengthen federal law enforcement, establish crime coordination centers, increase penalties for cargo theft, and enhance public-private partnerships. This legislation addresses the growing problem of organized cargo and retail theft, seeking to protect supply chain security and consumer interests. CORCA aims to provide better tools and resources to combat these crimes and deter future offenses by improving collaboration and increasing accountability for those involved in organized retail crime.

02/03/2026 Logistics
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Infrastructure Bill Spurs Debate Over Freight Industry Funding

Infrastructure Bill Spurs Debate Over Freight Industry Funding

Experts at the SMC3 JumpStart 2021 conference discussed the outlook for future federal surface transportation authorization in the U.S. While bipartisan cooperation remains uncertain, infrastructure investment holds potential. The new authorization may include climate and sustainability elements, with funding likely relying on general funds long-term. Freight companies should closely monitor policy developments, proactively embrace technological innovation, and manage risks to navigate future challenges. They need to be prepared for potential shifts in regulations and funding models to ensure continued success and efficiency in their operations.

02/04/2026 Logistics Industry Insights
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UAE Customs Boosts Workforce Training with WCO Partnership

UAE Customs Boosts Workforce Training with WCO Partnership

At the invitation of the UAE Federal Customs Authority (FCA), the World Customs Organization (WCO) assisted in unifying the recruitment and training processes for customs inspectors across seven local customs administrations. Through a diagnostic mission, the WCO developed unified standards and an action plan for the FCA. This initiative aims to enhance the efficiency, consistency, and international competitiveness of the UAE's customs system, facilitating trade and combating cross-border crime. The project focuses on streamlining procedures and building capacity within the UAE customs workforce.

02/06/2026 Customs Knowledge
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Jan Krems Leads Air Cargo Industry Amid Market Shifts

Jan Krems Leads Air Cargo Industry Amid Market Shifts

Jan Krems has been appointed as the President of United Airlines Cargo, symbolizing the maturity of the air freight industry. With a career spanning multiple countries, Krems views air cargo not just as a job, but a lifestyle. In response to market changes, he emphasizes the need for industry education for shippers and advocates for collaborative innovation to compete with maritime shipping.

08/06/2025 Logistics
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Keelung Port Rises As Key Northeast Asia Logistics Hub

Keelung Port Rises As Key Northeast Asia Logistics Hub

Keelung Port, located near central China, is rapidly developing into a significant freight and passenger service hub in Northeast Asia, thanks to its natural harbor advantages and abundant industrial resources. The port is advancing a dual-core strategy to diversify its service offerings and enhance international competitiveness, positioning itself as an important transportation nexus in the East Asian maritime region.

08/05/2025 Port Encyclopedia
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Kenya Ports Authority Advances Development Amid Infrastructure Growth

Kenya Ports Authority Advances Development Amid Infrastructure Growth

The Kenya Ports Authority is responsible for the maintenance and operation of all seaports in the country, with Mombasa Port being the primary port offering various core services. Although other ports in Kenya are relatively underdeveloped, they also play a significant role in the national maritime network. Strengthening port facilities and services will contribute to the economic growth of Kenya.

08/05/2025 Port Encyclopedia
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Nicaraguas Corinto Port Boosts Central American Trade

Nicaraguas Corinto Port Boosts Central American Trade

Corinto Port is a crucial maritime hub in Nicaragua, strategically located in Central America, connecting regional shipping networks. With well-developed facilities, the port handles over 60% of Nicaragua's export cargo, serving as a powerful engine for the country's economic development. It acts as a vital bridge connecting Central America to global markets, facilitating trade and contributing significantly to the region's economy.

09/29/2025 Port Encyclopedia
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Graz Strengthens Role As Austrias Industrial and Transport Hub

Graz Strengthens Role As Austrias Industrial and Transport Hub

Graz, Austria's second-largest city and the capital of Styria, serves as a vital industrial, transportation, and cultural hub in southeastern Austria. While not a port city itself, Graz's industrial development relies heavily on nearby ports, particularly Koper. This dependence makes Graz a crucial inland connection point for maritime trade, facilitating the flow of goods between landlocked regions and the global ocean economy.

09/29/2025 Port Encyclopedia
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