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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LA Long Beach Ports Accelerate Efforts to Reduce Container Delays

LA Long Beach Ports Accelerate Efforts to Reduce Container Delays

The Ports of Los Angeles and Long Beach are working to reduce container dwell times to improve supply chain efficiency. Through data sharing, dwell time tracking, and the Federal Maritime Commission's National Data Portal initiative, the ports aim to increase cargo velocity, lower costs, and enhance transparency and competitiveness in a demanding market. Data-driven supply chain optimization is a key trend for the future of port development. This includes leveraging data to improve operations and reduce bottlenecks.

01/29/2026 Logistics Industry Insights
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US Nonmanufacturing Sector Expands Steadily in November

US Nonmanufacturing Sector Expands Steadily in November

The US Non-Manufacturing Index (NMI) for November registered 54.7%, a 0.5% increase from the previous month, indicating continued economic expansion in the non-manufacturing sector. Consumer spending, the labor market, and business confidence were key drivers. This data alleviates market concerns about a recession and provides the Federal Reserve with room to maneuver regarding monetary policy. The positive NMI reading suggests resilience in the service sector, which constitutes a significant portion of the US economy.

01/29/2026 Logistics Industry Insights
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FOMC Decision Looms As Jobs Data Metals Rally Stir Markets

FOMC Decision Looms As Jobs Data Metals Rally Stir Markets

Ahead of the FOMC meeting, the market presents a mixed picture. The JOLTS report indicates a weakening labor market, and potential Fed chair candidates are signaling dovish stances. Silver prices have surged to a historic high, while stock markets are experiencing mixed performance. The market widely anticipates a 25-basis-point interest rate cut by the Federal Reserve and is closely watching its economic projections. Investors are weighing various factors, creating uncertainty and volatility in the financial markets.

01/30/2026 Exchange Rate Query
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US Enacts Law to Curb Moving Scams Safeguard Consumers

US Enacts Law to Curb Moving Scams Safeguard Consumers

The upcoming U.S. Household Goods Consumer Protection Act aims to combat moving fraud and protect consumer rights. It grants the Federal Motor Carrier Safety Administration (FMCSA) greater enforcement authority, supports state-level enforcement, and tightens registration requirements to ensure legitimate operations. Consumers should still exercise caution when selecting moving companies, choosing reputable ones, signing detailed contracts, and retaining relevant evidence. The act strengthens consumer protection against fraudulent moving practices and aims to create a more transparent and accountable industry.

02/03/2026 Logistics
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US Court Denies Copyright Protection for Aigenerated Art

US Court Denies Copyright Protection for Aigenerated Art

A US federal court ruled that works created entirely autonomously by artificial intelligence are currently ineligible for US copyright protection. The ruling emphasizes human creativity as key for copyright protection, while leaving room for future discussion on AI-involved creation. It raises questions about the degree of human involvement, originality of the work, and how to incentivize AI creation. This decision highlights the ongoing debate about the intersection of AI and copyright law in an evolving technological landscape.

02/03/2026 Customs Knowledge
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US Maritime Market Key Insights on FMC Licensing

US Maritime Market Key Insights on FMC Licensing

This article provides a detailed analysis of the key steps for non-US companies seeking FMC (Federal Maritime Commission) licensing to enter the US-China shipping market. It covers essential aspects such as obtaining an FMC license, providing financial security, and tariff filing. The article emphasizes the importance of compliant operation within the regulatory framework governing ocean transportation between the US and China. Understanding and adhering to these regulations is crucial for successful and sustainable participation in this significant trade lane.

08/21/2025 Logistics Encyclopedia
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Austria Pushes Sustainable Aviation Fuel for Economic Growth

Austria Pushes Sustainable Aviation Fuel for Economic Growth

The Austrian Federal Government is actively promoting sustainable aviation through policy support, technological innovation, and industrial cooperation, aiming to combine aviation, climate protection, and technology to create a new engine for economic development. Austria plans to strongly develop Sustainable Aviation Fuels (SAF) and has set climate targets that are ahead of the EU, committing to decarbonizing the transportation sector and building a more competitive green economy. The focus is on fostering innovation and collaboration to achieve ambitious sustainability goals in the aviation industry.

01/05/2026 Logistics Industry Insights
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US Ports Adjust Operations for Juneteenth Plan 2025 Freight Strategies

US Ports Adjust Operations for Juneteenth Plan 2025 Freight Strategies

During the 2025 US Federal Holiday, some major ports will be closed, while rail transport remains normal. Shippers and freight forwarders are advised to plan ahead, flexibly adjust transportation plans, and monitor port updates. Allocate sufficient time to mitigate potential freight delays and ensure supply chain stability. Proactive planning is crucial to navigate the holiday disruptions and maintain operational efficiency. Consider alternative routes and carriers to minimize impact. Stay informed about specific port closures and reopening schedules for smooth cargo movement.

12/30/2025 Logistics
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Investors Weigh Cashing Out USD Amid Fed Rate Hikes

Investors Weigh Cashing Out USD Amid Fed Rate Hikes

This article analyzes the impact of the USD exchange rate on cross-border e-commerce sellers under the expectation of a Federal Reserve rate hike, and explores the optimal timing for currency withdrawal. It suggests that sellers should make rational decisions based on their own cash flow situation and risk tolerance, weighing the pros and cons, and choosing the most suitable withdrawal strategy. By carefully considering these factors, sellers can optimize their financial outcomes in a fluctuating exchange rate environment.

01/04/2026 Exchange Rate Query
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