UPS Teamsters Agree on Fiveyear Labor Deal

UPS Teamsters Agree on Fiveyear Labor Deal

UPS and the Teamsters have reached a five-year agreement focusing on employee well-being and enhanced business competitiveness. The agreement includes improved health benefits, enhanced welfare provisions, and steady wage increases, resolving disagreements over healthcare issues. Analysts believe this deal is beneficial for UPS and sets a benchmark for labor-management cooperation within the logistics industry. The agreement aims to provide stability and predictability for both the company and its workforce, ensuring continued service and growth.

01/22/2026 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.

01/28/2026 Logistics Industry Insights
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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.

01/30/2026 HS Code Query
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US Customs Adopts Price Transfer to Expedite Cargo Inspections

US Customs Adopts Price Transfer to Expedite Cargo Inspections

Price Transfer is a leading CES examination service provider in the US, offering efficient, convenient, and professional inspection services covering trade enforcement, counter-terrorism, agriculture, food and drug administration, and more. Equipped with advanced facilities and a CBP on-site office, Price Transfer accelerates customs clearance, reduces costs, and provides real-time tracking and various value-added services, helping your goods flow smoothly through the United States.

01/07/2026 Logistics
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Canadas Inflation Rise Sparks Rate Hike Concerns

Canadas Inflation Rise Sparks Rate Hike Concerns

Canada's December 2025 CPI exceeded expectations, rising 2.4% year-over-year, fueling market speculation about potential interest rate hikes. Rising food and restaurant prices were the primary drivers. The Bank of Canada faces the challenge of balancing inflation and economic growth. It needs to closely monitor the global economic situation and flexibly adjust its monetary policy to address the 'last mile' of the inflation challenge.

01/19/2026 Exchange Rate Query
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Thailands Ecommerce Boom Top Lazada Categories for Peak Sales

Thailands Ecommerce Boom Top Lazada Categories for Peak Sales

This article provides an in-depth analysis of four high-potential categories in the Thailand Lazada market: beauty, mother & baby, food, and pet supplies. For each category, specific product selection recommendations are offered to help Lazada sellers understand market trends, plan ahead, and prepare for peak sales seasons. The goal is to enable sellers to capitalize on the opportunities in the Thai market and achieve success.

12/29/2025 Logistics Industry Insights
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Ikaria Airport Expands Access to Greek Island Tourism

Ikaria Airport Expands Access to Greek Island Tourism

This guide provides comprehensive information about Ikaria Island National Airport (JIK), including the airport code, geographical location, Wikipedia link, and travel tips. It helps you easily plan your trip to Ikaria, grasp key information, confidently handle various situations, and fully enjoy the island's beautiful scenery and delicious food. Get ready to explore Ikaria with essential airport details and practical advice for a smooth and memorable travel experience.

01/27/2026 Airport Codes
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Universal Stainless Steel Lids Streamline Kitchen Efficiency

Universal Stainless Steel Lids Streamline Kitchen Efficiency

This universal stainless steel glass lid solves the problem of mismatched lids in the kitchen. The transparent design allows for easy monitoring of food while cooking, and the stainless steel rim ensures durability. Available in multiple sizes, it fits 26cm-42cm frying pans, making cooking easier and more efficient. A versatile and practical addition to any kitchen, offering convenience and simplifying the cooking process.

01/27/2026 HS Code Query
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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.

11/03/2025 Customs Knowledge
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