US Services Sector Growth Holds Steady in September

US Services Sector Growth Holds Steady in September

The Institute for Supply Management (ISM) reported a Non-Manufacturing Index (NMI) of 58.6 for September, slightly lower than August but still well above 50, indicating continued expansion in the non-manufacturing sector. Business activity, new orders, and employment indexes all showed solid growth, though businesses expressed concerns about the impact of tariffs. Fourteen out of eighteen industries reported growth, suggesting an overall optimistic economic outlook.

Telex Release Boosts Nearsea Trade Efficiency

Telex Release Boosts Nearsea Trade Efficiency

A Surrendered Bill of Lading (Telex Release) is an effective solution to the 'goods waiting for documents' problem in near sea trade. It simplifies the delivery process electronically, eliminating the need for original bill of lading circulation, thereby improving efficiency and reducing costs. However, it's important to note that a Surrendered Bill of Lading is non-negotiable and non-transferable, so careful consideration is required when choosing this option.

Classification of Whale Oil Customs Codes

Classification of Whale Oil Customs Codes

The classification of the customs code for whale oil is crucial, as it distinguishes between endangered and non-endangered species. According to the customs import-export tariff, whale oil is coded as 1504300010 (endangered marine mammals) or 1504300090 (non-endangered marine mammals). As whales are mammals, they cannot be classified as fish oil. Selecting the accurate code requires determining the whale species or consulting professionals to comply with customs regulations.

US Services Sector Stays Strong Despite Minor ISM Decline

US Services Sector Stays Strong Despite Minor ISM Decline

Despite a slight dip, the October ISM Non-Manufacturing Index indicates continued solid expansion in the sector, marking its 81st consecutive month of growth. The index remains consistent with the average of the past 12 months, demonstrating the non-manufacturing sector's strong resilience and its significant support for US economic growth. This suggests the sector remains a key driver of the overall economy, contributing positively to its ongoing expansion.

US Services Sector Defies Summer Slowdown

US Services Sector Defies Summer Slowdown

The ISM Non-Manufacturing Report for July indicates continued solid growth in the US non-manufacturing sector, despite slight dips in some indicators. Experts suggest that these short-term fluctuations shouldn't cause undue concern, as the long-term trend remains positive. Businesses are encouraged to capitalize on opportunities presented by technological innovation and consumer upgrades to address challenges and achieve sustainable development. Expectations are high for renewed growth in the fall.

US Service Sector Hits Near Decadehigh Boosting Economy

US Service Sector Hits Near Decadehigh Boosting Economy

The US ISM Non-Manufacturing Index (NMI) surged to 56.3 in May, hitting a nearly decade-high and significantly exceeding the expansion threshold, signaling robust growth in the non-manufacturing sector. This marks the 52nd consecutive month of expansion, driven by factors including business activity, new orders, and employment indices. The strong NMI suggests a positive outlook for the US economy. However, continued monitoring of global economic risks remains crucial.

US Nonmanufacturing Sector Marks 20 Months of Growth

US Nonmanufacturing Sector Marks 20 Months of Growth

The U.S. ISM Non-Manufacturing Index (NMI) registered 52.7 in July, according to the Institute for Supply Management (ISM). Although slightly lower than the previous month, it marks the 20th consecutive month of growth. This indicates strong resilience in the non-manufacturing sector, continuously injecting momentum into economic growth and providing robust support for economic recovery. The sustained expansion highlights the sector's crucial role in bolstering the overall economic landscape.

US Nonmanufacturing Sector Expands Steadily in May ISM

US Nonmanufacturing Sector Expands Steadily in May ISM

The Institute for Supply Management (ISM) reported robust growth in the U.S. non-manufacturing sector for May, with the NMI index reaching 56.9, marking the 112th consecutive month of expansion. Eleven industries experienced growth, with a notable increase in the employment indicator. Experts suggest that despite challenges like trade tensions, consumer confidence and low inflation are providing tailwinds for the economy. Overall, the non-manufacturing sector is outperforming the manufacturing sector.

The Efficient Way of Air Transport A New Choice for Cargo

The Efficient Way of Air Transport A New Choice for Cargo

Air transportation has increasingly become an important method for cargo transport due to its speed, safety, and flexibility. Costs are generally calculated based on the W/M (weight or measurement) principle, suitable for small, perishable, and valuable items. Scheduled cargo transport ensures high timeliness with fixed routes and timetables, but space is limited, necessitating batch transport.

07/23/2025 Logistics
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Ebay Sellers Gain Tips to Handle Unpaid Item Disputes

Ebay Sellers Gain Tips to Handle Unpaid Item Disputes

eBay non-paying bidders negatively impact the shopping experience, requiring proactive seller responses. This guide offers strategies for handling non-paying bidders, including contacting the buyer, opening a case, and implementing preventative measures. It also covers dispute resolution for issues like item not as described and damaged goods. The aim is to help sellers protect their rights and optimize their store operations by effectively addressing these challenges and ensuring a smoother transaction process.