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.

01/29/2026 Logistics Industry Insights
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North American Trucking Strains Under Demand Surge Supply Chain Issues

North American Trucking Strains Under Demand Surge Supply Chain Issues

North American Class 8 heavy-duty truck orders continue to surge, exacerbating capacity shortages and a deepening supply chain crisis. Demand is driven by economic recovery and rising freight rates, while supply faces challenges such as component shortages and port congestion. This analysis delves into the current market situation, driving factors, and future outlook, offering insights for Chinese companies. Strong demand coupled with constrained supply creates significant market volatility and highlights the need for resilient supply chain strategies.

01/29/2026 Logistics
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New Shenzhentaiwan Shipping Route Enhances Crossstrait Trade

New Shenzhentaiwan Shipping Route Enhances Crossstrait Trade

The Shenzhen-Taiwan dedicated shipping line serves as a vital trade route connecting both sides of the Taiwan Strait. By optimizing schedules, simplifying procedures, and improving efficiency, it accelerates cross-strait economic and trade exchanges. This dedicated line covers major ports in Taiwan, offers a variety of vessel options, ensures fast transit times, and provides convenient operations. It is a crucial choice for businesses connecting to both markets across the strait, facilitating smoother and faster trade.

01/26/2026 Logistics
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Colombia Moves to Fasttrack Kyoto Convention for Trade

Colombia Moves to Fasttrack Kyoto Convention for Trade

The Director of the Colombian Tax and Customs Authority has pledged to ratify the Revised Kyoto Convention in the coming months. This move aims to simplify customs procedures, reduce trade costs, and enhance customs efficiency. By increasing transparency in the trade environment, the ratification is expected to boost Colombia's economic growth and international trade standing. The implementation of the Kyoto Convention will streamline processes and promote greater predictability for businesses engaged in international trade with Colombia.

01/26/2026 Customs Knowledge
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WCO Prioritizes Trade Recovery Innovation Amid Global Challenges

WCO Prioritizes Trade Recovery Innovation Amid Global Challenges

World Customs Organization (WCO) Secretary General Kunio Mikuriya held an online meeting with representatives from Geneva Customs to discuss how customs administrations can promote trade facilitation, build sustainable supply chains, and contribute to global trade prosperity in the context of global economic recovery. The discussion focused on leveraging technological innovation, fostering international cooperation, and effectively implementing the Trade Facilitation Agreement. These efforts aim to streamline customs procedures, reduce trade costs, and ultimately support the growth of international commerce.

01/26/2026 Customs Knowledge
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WCO Backs Cameroon Customs in Audit System Modernization

WCO Backs Cameroon Customs in Audit System Modernization

The WCO is assisting Cameroon Customs in upgrading its post-clearance audit (PCA) system. This involves optimizing organization, processes, risk management, and technology. The initiative is data-driven, aiming to enhance trade facilitation and improve revenue collection. By leveraging data analysis, Cameroon Customs can better target high-risk areas and streamline legitimate trade flows. The modernization efforts are expected to lead to increased efficiency and effectiveness in customs operations, ultimately contributing to economic growth and improved border security.

01/26/2026 Customs Knowledge
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Cuba Adopts WCO SAFE Framework to Boost Trade Security

Cuba Adopts WCO SAFE Framework to Boost Trade Security

The World Customs Organization (WCO), through its SAFE Framework and AEO program, supports Cuba in enhancing its trade security. A seminar held in Havana in 2015 marked a significant step for Cuba in embracing international standards and improving trade competitiveness. International cooperation is crucial for building a secure and efficient trading environment. This initiative aims to facilitate legitimate trade while strengthening border controls and combating illicit activities, contributing to Cuba's economic growth and integration into the global trading system.

01/26/2026 Customs Knowledge
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Ecommerce Sellers Guide to Shipping Loss Compensation

Ecommerce Sellers Guide to Shipping Loss Compensation

This article provides a detailed guide for cross-border e-commerce sellers on the claim time limits for lost packages with major international express companies like DHL, FedEx, UPS, EMS, and SF Express. It offers general precautions and proven strategies for successful claims, aiming to help sellers better manage international logistics risks and recover economic losses. The guide helps navigate the complexities of international shipping claims and maximize the chances of recouping costs associated with lost or damaged shipments.

01/26/2026 Logistics Encyclopedia
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Silver Prices Drop After Trump Halts Mineral Tariffs

Silver Prices Drop After Trump Halts Mineral Tariffs

The Trump administration's suspension of tariffs on key minerals, including silver, has triggered significant volatility in silver prices. Despite this short-term volatility, analysts maintain a moderately bullish outlook for silver in the medium term, supported by factors such as supply, demand, and gold prices. Investors should closely monitor policy changes related to tariffs and their potential impact on the silver market. The suspension created immediate price fluctuations, but broader economic factors are expected to influence the overall trend.

01/26/2026 Customs Knowledge
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Global Manufacturing Slump Spurs Supply Chain Challenges

Global Manufacturing Slump Spurs Supply Chain Challenges

The US Manufacturing PMI has fallen to a ten-year low, signaling significant challenges for the manufacturing sector. Key factors include dwindling new orders, inventory buildup, and trade friction. Companies should diversify markets, optimize supply chains, and enhance competitiveness. Governments need to implement supportive policies. Strategies for coping involve assessing risks, developing plans, taking proactive actions, maintaining communication, and continuously improving. The decline highlights the need for resilience and adaptability in the face of global economic headwinds.

01/29/2026 Logistics Industry Insights
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