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.

01/19/2026 Logistics Industry Insights
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Port of Virginia Invests 44M to Expand Rail Capacity

Port of Virginia Invests 44M to Expand Rail Capacity

The Port of Virginia is investing $44 million to expand its rail yard, doubling its capacity and aiming to enhance intermodal capabilities to serve inland markets. This initiative will reduce transportation costs, improve efficiency, and stimulate economic growth, benefiting shippers, carriers, consumers, and the Commonwealth of Virginia. The expanded rail capacity will allow for more efficient movement of goods, strengthening the port's position as a key gateway for international trade and improving supply chain resilience.

01/29/2026 Port Encyclopedia
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Qingdao Expo 2026 to Showcase Chinas Booming Livestock Sector

Qingdao Expo 2026 to Showcase Chinas Booming Livestock Sector

The 2026 China (Qingdao) Livestock Expo, themed "Ecology First, Green Development," brings together domestic and international enterprises across the livestock industry chain, providing a golden platform for display, exchange, and cooperation. The expo precisely targets buyers, helping companies expand their markets, enhance their brands, and seize the trillion-dollar opportunities in the livestock industry. It showcases innovative technologies and sustainable practices, fostering a future of environmentally responsible and economically prosperous livestock farming.

01/26/2026 Logistics Industry Insights
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Roadone Acquires The Transporter to Expand Southwest Logistics Footprint

Roadone Acquires The Transporter to Expand Southwest Logistics Footprint

RoadOne acquires The Transporter, strengthening its presence in the Southwestern United States. This acquisition expands RoadOne's service offerings and capacity, enhancing its intermodal transportation competitiveness. The move allows RoadOne to better serve customers in Texas and surrounding states, providing comprehensive logistics solutions and improved supply chain efficiency. The acquisition signifies RoadOne's commitment to regional growth and its dedication to providing reliable and efficient transportation services across the Southwest.

01/28/2026 Logistics
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Daseke Acquires Builders Transportation to Bolster Flatbed Dominance

Daseke Acquires Builders Transportation to Bolster Flatbed Dominance

Daseke acquires Builders Transportation, strengthening its leadership position in flatbed transportation. The acquisition price is $53.8 million and is expected to boost Daseke's revenue and profitability. This strategic move expands Daseke's presence and capabilities within the specialized transportation sector, further solidifying its market dominance. The integration of Builders Transportation will likely bring synergies and efficiencies, contributing to Daseke's overall growth strategy. The deal underscores Daseke's commitment to expanding its service offerings and delivering value to its customers.

01/28/2026 Logistics
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CH Robinson Acquires Apreo Logistics to Expand in Europe

CH Robinson Acquires Apreo Logistics to Expand in Europe

C.H. Robinson acquired Apreo Logistics S.A., a Polish freight forwarding company, to expand its European presence, strengthen core capabilities, and diversify transportation modes. This acquisition aligns with CHRW's long-term strategic plan, enabling them to better serve European and global customers and gain a stronger foothold in the competitive European logistics market. The move is expected to enhance their service offerings and improve their competitive advantage within the region.

01/26/2026 Logistics
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Top 25 US Markets Drive Industrial Real Estate Boom

Top 25 US Markets Drive Industrial Real Estate Boom

Colliers' latest report reveals the U.S. industrial real estate market is expanding at a 'frenetic' pace, led by the 25 largest markets. The report highlights both the opportunities and risks behind this rapid growth. It advises investors and developers to closely monitor market supply and demand dynamics, as well as geographical location, to make informed investment decisions. Understanding these factors is crucial for navigating the evolving landscape and maximizing returns in this dynamic sector.

01/30/2026 Logistics Industry Insights
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Kenco Acquires Drexel Industries to Expand in Canada

Kenco Acquires Drexel Industries to Expand in Canada

Kenco's acquisition of Drexel I strengthens its logistics capabilities in North America, particularly in the Canadian market. The acquisition provides Kenco with Ontario-based facilities, experienced personnel, and localized operational expertise. This strategic move allows Kenco to expand its presence and better serve customers within Canada, solidifying its position in the North American logistics landscape. The deal enhances Kenco's ability to offer comprehensive supply chain solutions and capitalize on growth opportunities in the region.

01/30/2026 Logistics
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CES 2026 Marketing Strategies for Brand Growth

CES 2026 Marketing Strategies for Brand Growth

The Kizunavi Navigator 2026 CES Marketing Insight Conference focuses on brand breakthroughs and growth at CES. Through first-hand guest sharing, expert analysis, and practical case studies, the conference will help brands understand CES marketing trends, develop effective exhibition strategies, transform short-term buzz into long-term value, and master product trends in AI and emotional value, ultimately achieving brand growth.

02/11/2026 Logistics Industry Insights
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Chinas Tech Giants Pivot to Short Video and Local Services

Chinas Tech Giants Pivot to Short Video and Local Services

This article summarizes recent key trends in the internet business sector, including YY Live's foray into short dramas, organizational restructuring of Douyin's local life services, and Ele.me's internal testing of merchant fan group features. It also analyzes the financial reports of several internet companies, showcasing industry development trends and the challenges they face. The analysis provides insights into the evolving landscape of internet business and the strategic adjustments companies are making to navigate the competitive environment.

02/11/2026 Logistics Industry Insights
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