AFS Cowen Launch Predictive Freight Index for Market Trends

AFS Cowen Launch Predictive Freight Index for Market Trends

Cowen and AFS have jointly launched a forward-looking freight index. Leveraging AI and ML technologies, it forecasts trends in LTL, TL, and parcel freight rates. This provides decision support for investors, shippers, carriers, and logistics service providers, helping businesses optimize strategies, reduce costs, and improve profitability. The index allows stakeholders to gain a competitive edge and capitalize on opportunities in the rapidly changing market. It offers valuable insights for informed decision-making and proactive planning in the logistics industry.

US Service Sector Growth Slows but Stays Strong in June

US Service Sector Growth Slows but Stays Strong in June

The US Services PMI decreased from 64 in May to 60.1 in June. While the growth rate slowed, it remained above the 50 threshold, indicating the service sector has been expanding for 13 consecutive months. Supply chain bottlenecks, labor shortages, and inflationary pressures may have contributed to the slowdown. The service sector remains a key driver of US economic growth. Continued monitoring of PMI trends is necessary to assess the sector's performance and its impact on the overall economy.

IATA Enhances Travel Industry Automation with Global Database

IATA Enhances Travel Industry Automation with Global Database

GSS offers IATA agency database subscription services, including codes, accreditations, and other key information. This enables businesses to automate processes and expand their distribution reach. Various update frequencies are available to suit different needs. Comprehensive technical support is also provided to ensure a smooth integration and optimal utilization of the database.

01/20/2026 Logistics
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Exploring CYPG Inside Portage La Prairies Southport Airport

Exploring CYPG Inside Portage La Prairies Southport Airport

This article focuses on the Portage la Prairie/Southport Airport in Canada, explaining the significance of its ICAO code, CYPG. It provides key airport information, including geographical coordinates and elevation. The importance of ICAO codes in the aviation field is emphasized, helping readers quickly understand this airport. The information is crucial for pilots, air traffic controllers, and anyone involved in aviation operations, providing a standardized way to identify and locate the airport.

DHL Acquires IDS Fulfillment to Boost Ecommerce Logistics

DHL Acquires IDS Fulfillment to Boost Ecommerce Logistics

DHL Supply Chain has acquired IDS Fulfillment to expand its e-commerce logistics services, particularly targeting small and medium-sized enterprises. By integrating IDS's warehouse network with DHL's technological capabilities, the company aims to provide customers with more specialized logistics solutions to drive a new wave of business growth.

08/06/2025 Logistics
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Key Types of Bills of Lading Explained for Global Shipping

Key Types of Bills of Lading Explained for Global Shipping

This article introduces seven commonly used types of bills of lading in sea, air, and land transportation, including straight bill of lading, order bill of lading, electronic bill of lading, express bill of lading, air waybill, and land waybill. By understanding the characteristics and applications of these bills, readers can better manage logistics in complex cargo transportation and reduce risks.