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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Ebay Faces GMV and Buyer Decline Amid Market Challenges

Ebay Faces GMV and Buyer Decline Amid Market Challenges

eBay's Q1 GMV decreased by 20% year-over-year, with a decline in active buyers. Faced with declining revenue, eBay is focusing on high-priced items and reducing promotional spending. The company aims to reshape its growth engine through platform optimization, focusing on high-value goods, and developing its advertising business. Whether eBay can successfully transform and return to a growth trajectory remains to be seen and warrants continued attention. The company is hoping these changes will help combat the challenges it is currently facing.

01/05/2026 Logistics Industry Insights
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Hong Kong Eases Company Data Access Under New Registry Rules

Hong Kong Eases Company Data Access Under New Registry Rules

This article details methods for searching Hong Kong company registration information, including the online Cyber Search Centre, the Company Registry Mobile App, and offline searches. It focuses on changes in search policies under the new regulations and the purpose and significance of conducting these searches. The aim is to help readers efficiently and accurately obtain Hong Kong company information and reduce business risks. It covers different access points and highlights the importance of due diligence in understanding a company's background and compliance.

01/06/2026 Logistics Encyclopedia
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National Tree Company Faces Tariffs Supply Chain Challenges Amid Seasonal Demand

National Tree Company Faces Tariffs Supply Chain Challenges Amid Seasonal Demand

National Tree Company CEO Chris Butler shared strategies for navigating tariffs, supply chain uncertainties, seasonal demand fluctuations, and sourcing challenges. These include optimizing the supply chain, diversifying suppliers to mitigate risks, implementing accurate market forecasting to anticipate demand, and maintaining strict quality control measures throughout the production process. By proactively addressing these issues, the company aims to ensure consistent product availability and minimize disruptions, ultimately maintaining customer satisfaction and profitability despite external pressures.

01/08/2026 Logistics Industry Insights
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Huifu International Named Among Shanghais Top 100 Highgrowth Firms

Huifu International Named Among Shanghais Top 100 Highgrowth Firms

Huifu International has been recognized as one of the “Top 100 High-Growth Enterprises in Shanghai's Software and Information Technology Service Industry” for its outstanding technological capabilities and steady growth. The company focuses on the global payment sector, providing one-stop cross-border fintech services to businesses expanding overseas, helping them to develop their global operations.

01/26/2026 International Settlement
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Hasbo Shifts to IP Focus Amid Tariffs After Strong Q1

Hasbo Shifts to IP Focus Amid Tariffs After Strong Q1

Hasbro's Q1 revenue increased by 17%, but the company maintained its full-year guidance due to the impact of high tariffs. Hasbro is addressing these challenges by ensuring the price competitiveness of core products, deepening retail channel partnerships, and accelerating cost reduction plans. Simultaneously, the company is focusing on developing high-profit IP such as Star Wars, Marvel, Magic: The Gathering, and My Little Pony, aiming to drive future growth. Inventory optimization and deeper cultivation of franchise rights may become the dual engines for navigating the economic cycle.

01/26/2026 Logistics Industry Insights
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How Small Logistics Companies Can Overcome the ‘big Company Syndrome’ for Efficient Operations

How Small Logistics Companies Can Overcome the ‘big Company Syndrome’ for Efficient Operations

This article discusses how small logistics companies suffer from the 'big company syndrome' due to blindly imitating larger enterprises. It analyzes the need for small logistics firms to streamline their organizational structures, avoid formalistic management, and establish democratic decision-making mechanisms. These methods are essential to enhance operational efficiency, prevent internal resource waste, and ultimately strengthen market competitiveness.

07/17/2025 Logistics
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UPS Reports Q1 Challenges Amid Weak Demand Costcutting Focus

UPS Reports Q1 Challenges Amid Weak Demand Costcutting Focus

UPS's Q1 earnings report reveals declines in both revenue and profit, impacted by macroeconomic headwinds and shifting consumer behavior. Challenges exist across all business segments, particularly in retail and high-tech. The company has lowered its full-year forecast, emphasizing cost control and efficiency improvements. Simultaneously, UPS is actively engaged in labor negotiations with the Teamsters union, striving to reach a 'win-win-win' outcome. The company aims to navigate the current economic climate and position itself for future growth despite these challenges.

01/21/2026 Logistics Industry Insights
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