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.

Hebei Exports to Latin America Surge Amid Trade Strategy Shift

Hebei Exports to Latin America Surge Amid Trade Strategy Shift

Hebei province's import and export volume to Latin American and Caribbean countries reached a record high. This growth is attributed to the deepening of China-Latin America trade, precise positioning in key markets, and increased exports of advantageous products. Furthermore, the increased import of high-quality agricultural products from Latin America promoted trade diversification, providing a valuable reference for foreign trade development in other regions. The strong performance highlights the potential of the Latin American market for Hebei's exporters.

11/03/2025 Logistics
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Guide to Mercado Libres KYC Verification in Latin America

Guide to Mercado Libres KYC Verification in Latin America

This article provides a detailed guide to the Mercado Libre (MercadoLibre) seller KYC verification process. It includes a list of required documents, step-by-step instructions, and answers to frequently asked questions. This aims to help cross-border sellers successfully complete the verification and begin selling in the Latin American e-commerce market. It provides practical guidance to navigate the KYC process and successfully onboard onto the Mercado Libre platform, unlocking opportunities in the growing Latin American market.

US Ports Urge Senate to Address Waterway Infrastructure Crisis

US Ports Urge Senate to Address Waterway Infrastructure Crisis

The American Association of Port Authorities is urging the Senate to prioritize port infrastructure development, emphasizing its vital role in the U.S. economy. The association recommends directing Harbor Maintenance Tax revenue directly to the Army Corps of Engineers, authorizing the Corps' navigation project improvement recommendations, and streamlining the study process for channel improvements. These measures aim to enhance port efficiency and competitiveness, ultimately boosting economic growth and ensuring the smooth flow of goods through American ports.

US Rail Industry Unveils Growth and Efficiency Plan

US Rail Industry Unveils Growth and Efficiency Plan

The Association of American Railroads (AAR) is committed to maintaining a sound economic regulatory structure for the rail industry. It advocates for a forward-looking regulatory model, adheres to the 'user-pay' principle to ensure infrastructure investment, and actively embraces technological innovation to enhance rail transport efficiency and safety. These efforts aim to contribute to the sustained growth of the American economy. The AAR focuses on policies that support private freight railroads and promote a competitive environment.

US Supply Chain Council Boosts Economic Resilience

US Supply Chain Council Boosts Economic Resilience

The U.S. Supply Chain Council was established to bolster supply chain security. Its core objectives include safeguarding American jobs, investing in infrastructure, and addressing global instability. The council operates through cross-sector collaboration, policy advocacy, and on-site research. Recent focus has been on California-related legislation. Future plans involve expanding membership, raising public awareness, and promoting infrastructure projects. The ultimate goal is a resilient and secure supply chain that supports the American economy and national security.

Zilingos Liquidation Highlights Risks in Crossborder Ecommerce

Zilingos Liquidation Highlights Risks in Crossborder Ecommerce

Zilingo officially announced its liquidation, marking the fall of a once $1 billion e-commerce unicorn. This event serves as a warning to cross-border e-commerce companies that reckless expansion, financial irregularities, and chaotic internal management can lead to failure. Companies should focus on refined operations, compliance first, steady expansion, risk control, and talent development to survive and succeed in the fiercely competitive market. Ignoring these aspects can result in significant financial and operational challenges, ultimately leading to business collapse.

Ontrac Expands Nextday Delivery to Texas Covering 19M Customers

Ontrac Expands Nextday Delivery to Texas Covering 19M Customers

OnTrac has announced its expansion into the Texas market, bringing next-day delivery services to Dallas-Fort Worth, Austin, Houston, and San Antonio, reaching 19 million consumers. The Dallas sorting center serves as a crucial hub, connecting its East and West Coast networks. Despite facing intense competition and slowing demand, OnTrac is positioned for success in Texas due to its strengths and strategic planning. This expansion aims to provide local consumers with faster and more convenient logistics services throughout the state.

01/08/2026 Logistics
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Prologis Reports Rising Demand in Logistics Real Estate

Prologis Reports Rising Demand in Logistics Real Estate

The Prologis IBI Index indicates a rebound in logistics real estate demand, with growth in net absorption, new lease signings, and the development pipeline. Key drivers include e-commerce expansion, supply chain diversification, and manufacturing reshoring. However, the market still faces challenges such as rising interest rates and labor shortages. Investors and developers need to reassess their market strategies to capitalize on emerging opportunities. The index signals a potential shift from contraction to expansion, requiring careful navigation of the evolving landscape.