China Eyes Service Export Growth Amid Trilliondollar Trade Opportunity

China Eyes Service Export Growth Amid Trilliondollar Trade Opportunity

China's service trade is entering a golden age with significant export growth potential. By deepening institutional opening-up and focusing on new drivers like digital trade, green services, and "AI + Services", while optimizing the structure of traditional and high-end services and building a collaborative ecosystem, China is poised to achieve leapfrog development in service trade. This will contribute Eastern wisdom to the global economy. The key is to foster innovation and create a more favorable environment for international cooperation in the service sector.

02/12/2026 Logistics Industry Insights
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Global Sources Facilitates Trade with Emerging Markets

Global Sources Facilitates Trade with Emerging Markets

This article provides an in-depth analysis of Global Sources as a B2B platform, explaining its functions and operational aspects, and highlighting its value in cross-border e-commerce. It also focuses on emerging markets, exploring opportunities arising from consumption upgrades, technological innovation, and cross-border collaborations. The aim is to offer businesses strategic insights for cross-border e-commerce initiatives. It discusses how businesses can leverage Global Sources to connect with suppliers and buyers in emerging markets, capitalizing on the growing demand and evolving consumer preferences.

02/12/2026 Logistics Industry Insights
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Hong Kong to Rename Virtual Banks As Licensed Digital Banks

Hong Kong to Rename Virtual Banks As Licensed Digital Banks

The Hong Kong Monetary Authority (HKMA) plans to rename "Virtual Banks" to "Licensed Digital Banks" to eliminate public misconceptions about the term "virtual" and enhance trust. This move aims to further promote the development of digital banking in Hong Kong and align with international trends. Currently, digital banks in Hong Kong have 2.2 million customers and deposits of HK$37 billion. The rebranding reflects the growing maturity and acceptance of digital banking services in the region, signaling a commitment to innovation and financial inclusion.

02/12/2026 International Settlement
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Class 8 Truck Orders Surge to Decadehigh Backlogs

Class 8 Truck Orders Surge to Decadehigh Backlogs

Recent data reveals a decade-high backlog of Class 8 truck orders, reaching 125,000 units. Key drivers include economic recovery, infrastructure investment, e-commerce growth, and vehicle replacement cycles. Heavy-duty truck manufacturers face challenges in capacity, supply chains, and technological innovation. However, market demand is projected to remain strong. Companies need to seize opportunities and proactively address challenges to succeed in the future. This surge highlights the robust demand for freight transportation and the need for manufacturers to adapt to evolving market dynamics.

02/03/2026 Logistics
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Material Handling Firms See Revenue Growth As Global Trade Shifts

Material Handling Firms See Revenue Growth As Global Trade Shifts

A study by the Control System Integrators Association reveals optimism among global material handling system integrators regarding future growth. Two-thirds of respondents anticipate revenue growth by 2026. Integrators are addressing global supply chain challenges through technological innovation and service upgrades, playing a crucial role in logistics management. Their contributions are vital for ensuring the stability and efficiency of global trade. The survey highlights the positive outlook and ongoing efforts within the material handling industry to adapt and thrive in a dynamic global market.

02/03/2026 Logistics
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CH Robinson Invests 1B in Logistics Tech Overhaul

CH Robinson Invests 1B in Logistics Tech Overhaul

C.H. Robinson announced a $1 billion investment in technology innovation over the next five years to address growing customer demand for technology, visibility, and local expertise. This initiative aims to accelerate digital transformation in the logistics industry, enhance customer value, and drive global trade. The company will focus its investments on data science, visibility tools, and talent development to build a smarter and more efficient logistics ecosystem. The investment underscores C.H. Robinson's commitment to leveraging technology to improve supply chain performance and meet evolving customer needs.

02/03/2026 Logistics Industry Insights
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CH Robinson Invests 1B in Supply Chain Tech Overhaul

CH Robinson Invests 1B in Supply Chain Tech Overhaul

C.H. Robinson announced a $1 billion investment in technology over the next five years to enhance logistics service capabilities through technological innovation. This move stems from in-depth customer research, focusing on the importance of technology, the need for visibility, and the value of local expertise. CEO Bob Biesterfeld emphasized the importance of combining technology and talent, stating that the supply chain is key to businesses winning in the future. The investment aims to streamline processes, improve efficiency, and provide better solutions for their clients.

02/03/2026 Logistics Industry Insights
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Aviation Sector Adopts Open Apis to Boost Digital Transformation

Aviation Sector Adopts Open Apis to Boost Digital Transformation

IATA's Open API strategy aims to build an open data ecosystem for the aviation industry through Open APIs, open standards, and open architecture, breaking down data silos and improving operational efficiency, reducing costs, and optimizing passenger experience. The IATA Open API Hub serves as an API discovery and sharing platform, promoting API standardization and quality assurance. Strategic partnerships drive industry-wide standard development, accelerating digital transformation in the aviation sector. The goal is to foster innovation and collaboration by making aviation data more accessible and interoperable.

02/03/2026 Airlines
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Aviation Sector Boosts Decarbonization Amid Tighter Policies

Aviation Sector Boosts Decarbonization Amid Tighter Policies

The International Air Transport Association (IATA) urges governments to adopt supportive policies to accelerate aviation decarbonization. The CAAF/3 agreement lays the foundation for a global framework, emphasizing the promotion of Sustainable Aviation Fuel (SAF), setting emission reduction targets, and fostering international cooperation and technology transfer. IATA highlights the necessity of policy support, technological innovation, and economic incentives to collectively drive the sustainable development of the aviation industry. This collaborative approach is crucial for achieving meaningful progress in reducing the carbon footprint of air travel.

02/03/2026 Logistics Industry Insights
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Aviation Industry Faces Supply Chain Crisis Environmental Pressures

Aviation Industry Faces Supply Chain Crisis Environmental Pressures

IATA predicts aviation supply chain issues will persist until 2025, leading to increased costs, constrained capacity, and environmental challenges. Key problems include aircraft delivery delays, a surge in backlogged orders, high aircraft parking rates, and aging fleets. Stagnant fuel efficiency and rising aircraft leasing rates further exacerbate the situation. The aviation industry needs to strengthen cooperation, optimize management, and promote innovation to address these challenges and achieve sustainable development. The industry must focus on strategies to mitigate these impacts and ensure future operational stability.

02/03/2026 Logistics Industry Insights
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