US Service Sector Growth Slows in Latest ISM Report

US Service Sector Growth Slows in Latest ISM Report

The US Services PMI registered 51.5 in August, indicating a slower pace of expansion. New orders increased, while employment declined and backlogs decreased. Performance varied across sectors, with institutional sectors performing well and consumer-facing industries lagging. Key focus should be on tracking changes in new orders to gauge future economic activity. The slowdown suggests potential headwinds for economic growth, and the ISM report provides valuable insights into the current state of the services sector.

01/20/2026 Logistics Industry Insights
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Chinaeurope Logistics Trucking Vs Air Freight Speed Race

Chinaeurope Logistics Trucking Vs Air Freight Speed Race

In China-Europe logistics, both truck flights and air freight have their advantages. Truck flights excel in road flexibility and customs clearance efficiency, while air freight is more advantageous for long-distance trunk transportation. The choice between the two depends on factors such as transportation distance, seasonal considerations, destination, and cost budget. There is no absolute 'fastest' option, but rather the most suitable one. Careful evaluation of these factors is crucial for optimizing the logistics process.

11/03/2025 Logistics
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Nanchang Shipping New Chapter All-cargo Charter Flights Enhance Customs Efficiency to Boost International Trade

Nanchang Shipping New Chapter All-cargo Charter Flights Enhance Customs Efficiency to Boost International Trade

Nanchang Changbei International Airport welcomed its first batch of all-cargo charter flights after the New Year, with the customs providing efficient clearance to promote international trade development. Since its launch, several cargo planes have been monitored, and the total volume of import and export goods has reached 1,725 tons, injecting new momentum into Jiangxi's open economy.

07/23/2025 Logistics
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Beijing Daxing International Airport Welcomes Important Test Flights As Three Letter Code PKX Is Approved

Beijing Daxing International Airport Welcomes Important Test Flights As Three Letter Code PKX Is Approved

The three-letter code PKX for Beijing Daxing International Airport has been confirmed, with official test flights starting on May 13. The testing will occur in three phases to validate the airport's operational support capability, aiming for commercial operations by September 30. The airport is expected to handle an annual passenger throughput of 72 million, establishing a dual-hub structure alongside Beijing Capital International Airport.

07/24/2025 Airport Codes
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Customs Clearance Challenges Addressing Discrepancies and Errors

Customs Clearance Challenges Addressing Discrepancies and Errors

Customs declaration issues are common in foreign trade. This article details three handling methods for problems like weight discrepancies and incorrect information during customs declaration: cancel and re-declare, dealing with the Anti-Smuggling Department, and modifying the declaration. It explains the definitions, differences, costs, and time involved for each. The article emphasizes the seriousness of customs penalties and aims to help foreign traders and freight forwarding companies better handle customs declaration anomalies, ensuring smooth customs clearance.

08/21/2025 Customs Knowledge
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Global Shipping Challenges Avoiding Freight Forwarding Pitfalls

Global Shipping Challenges Avoiding Freight Forwarding Pitfalls

This article delves into common issues and corresponding strategies within the foreign trade consolidation process, including delayed customs release, cargo dampness, and inconsistent freight forwarder service quality. It emphasizes the importance of real-time vessel tracking, enhanced cargo inspection, and selecting reputable freight forwarders. The aim is to help foreign trade companies mitigate consolidation risks and ensure cargo safety. By addressing these key areas, businesses can minimize potential disruptions and protect their valuable shipments throughout the entire shipping process.

08/22/2025 Logistics Encyclopedia
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China Bank Simplifies SWIFT Codes for International Transfers

China Bank Simplifies SWIFT Codes for International Transfers

This article provides a detailed explanation of the structure and meaning of the Bank of China's SWIFT/BIC code, BKCHCNBJ23H. It also offers key considerations for cross-border remittances, helping readers understand the process, avoid common mistakes, and improve efficiency. The article reminds readers to comprehensively consider factors such as exchange rates, fees, arrival time, security, and user reviews when choosing a cross-border remittance platform. This ensures a smoother and more informed international money transfer experience.

09/03/2025 International Settlement
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AUDGBP Exchange Rate Trends and Trading Insights

AUDGBP Exchange Rate Trends and Trading Insights

This report provides a comprehensive analysis of the Australian Dollar (AUD) to British Pound (GBP) exchange rate, covering real-time rates, historical fluctuations, influencing factors, and trading references. The analysis reveals that the exchange rate is affected by multiple factors, including macroeconomics, political events, and market sentiment. Investors are advised to closely monitor market dynamics and make prudent decisions. This report aims to provide decision support for businesses, investors, and individuals, but does not constitute any investment advice.

09/01/2025 Exchange Rate Query
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Guide to Swazi Lilangeni Exchange Rates and Conversion

Guide to Swazi Lilangeni Exchange Rates and Conversion

This article provides real-time exchange rates, currency conversion tools, and related information for the Swazi Lilangeni (SZL). It aims to help investors, travelers, and businesses quickly grasp SZL exchange rate dynamics, perform accurate currency conversions, and make informed financial decisions. The information assists in understanding the current value of the Lilangeni and facilitates efficient currency exchange for various purposes. It offers a convenient resource for anyone needing to convert or monitor the SZL exchange rate.

09/01/2025 Exchange Rate Query
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