US Manufacturing PMI Falls for Eighth Month Signaling Economic Concerns

US Manufacturing PMI Falls for Eighth Month Signaling Economic Concerns

The ISM Manufacturing PMI fell to 46 in June, marking the eighth consecutive month of contraction, according to the Institute for Supply Management. While new orders showed a slight rebound, demand remains weak. Businesses are expressing caution regarding the economic outlook. Experts anticipate continued economic weakness in the second half of the year, potentially leading to a 'soft landing' scenario and associated uncertainties. The prolonged contraction in manufacturing activity raises concerns about the overall health of the US economy.

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.

WHO WCO Update HS Codes to Speed Vaccine Clearance

WHO WCO Update HS Codes to Speed Vaccine Clearance

The World Customs Organization (WCO) and the World Health Organization (WHO) jointly released the latest HS code reference list for vaccines and related goods. This initiative aims to standardize international trade, accelerate the cross-border flow of vaccines, improve customs clearance efficiency, reduce trade costs, ensure vaccine quality, and promote international cooperation, ultimately contributing to the global fight against the pandemic. The unified HS codes will facilitate smoother and faster movement of essential vaccine supplies across borders.

Tiktok Shop Adjusts Black Friday Ad Policy to Boost Seller ROI

Tiktok Shop Adjusts Black Friday Ad Policy to Boost Seller ROI

With the Black Friday promotion approaching for TikTok Shop, advertising policies are changing, with the mandatory implementation of GMV Max ads. Echain ERP offers a comprehensive solution to help sellers navigate GMV Max, enabling intelligent ad monitoring and flexible adjustments, real-time ad performance tracking and health diagnostics, efficient one-click report export, precise calculation of TikTok Shop settlement profits, and influencer management to empower content marketing. This helps sellers achieve stable growth during Black Friday.

Trucking Tonnage Drop Points to Economic Slowdown

Trucking Tonnage Drop Points to Economic Slowdown

The American Trucking Associations reported that the unadjusted truck tonnage index fell 4.6% in February compared to January. This decrease in freight volume could signal a slowdown in economic activity and warrants close monitoring of subsequent developments. The trucking tonnage index is often viewed as a leading indicator of the overall health of the economy, reflecting changes in demand for goods and materials across various sectors. A sustained decline could indicate weakening consumer spending or business investment.

01/28/2026 Logistics
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US Service Sector Hits Record High Amid Strong Economic Growth

US Service Sector Hits Record High Amid Strong Economic Growth

The U.S. ISM Non-Manufacturing Index (NMI) surged to 58.6 in August, a record high, according to the Institute for Supply Management. This is well above the expansion/contraction threshold and the past 12-month average, signaling the 44th consecutive month of growth in the U.S. non-manufacturing sector, providing strong momentum for economic expansion. All sub-indexes performed strongly, reflecting overall economic health. However, this could also exacerbate inflationary pressures, which the Federal Reserve will likely monitor closely.

US Trucking Sector Reports Mixed January Results Amid Challenges

US Trucking Sector Reports Mixed January Results Amid Challenges

According to the American Trucking Associations, the January tonnage index increased month-over-month but remained down year-over-year, reflecting the complexity of the recovery. Economic stimulus and vaccine rollouts are expected to drive growth, but challenges such as driver shortages, fuel price volatility, and supply chain disruptions persist. Businesses need to monitor market changes and adjust strategies to adapt to the new environment. The trucking industry's performance remains a key indicator of overall economic health and resilience.

01/28/2026 Logistics
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Mastering HS Code 1108190090 for Supply Chain Efficiency

Mastering HS Code 1108190090 for Supply Chain Efficiency

Accurate HS code classification is crucial, directly impacting a company's financial health and supply chain strategy. HS code 1108190090 refers to the 'other' category, requiring careful identification. Businesses should prioritize correct HS code classification, thoroughly reviewing product attributes and utilizing professional tools and services to ensure accurate declarations. This mitigates risks and improves supply chain efficiency. Proper classification avoids potential penalties and ensures compliance with international trade regulations, ultimately streamlining import/export processes and optimizing overall supply chain performance.

Chinese BBQ Tools Drive Global Grilling Innovation

Chinese BBQ Tools Drive Global Grilling Innovation

The "BBQ trend" is booming overseas, driving up demand for grilling supplies. Health and wellness, diverse flavors, and environmental sustainability are emerging trends. Chinese BBQ dips and niche grilling tools like grill mats are particularly popular with overseas consumers. Chinese companies should seize this opportunity to expand into the global market through product innovation and service improvements. They need to focus on quality, competitive pricing, and understanding local consumer preferences to succeed in this growing market.

Ministry of Supply Uses Duty Drawback to Fuel Datadriven Expansion

Ministry of Supply Uses Duty Drawback to Fuel Datadriven Expansion

Ministry of Supply recovered millions of dollars in duty drawbacks through the Flexport platform, reinvesting the funds in R&D, new product launches, and market expansion. This case study highlights data integration, risk assessment, and process optimization as key success factors. To effectively leverage duty drawback policies, businesses should establish robust data systems, seek expert assistance, understand relevant regulations, optimize processes, and continuously evaluate their performance. This proactive approach ensures efficient utilization of available refunds and contributes to overall financial health.