US Service Sector Hits Record High in May Amid Demand Surge

US Service Sector Hits Record High in May Amid Demand Surge

The US Services PMI hit a record high of 64 in May, signaling a robust economic recovery. All 18 industries reported growth, driven by pent-up demand. However, supply chain bottlenecks, labor shortages, and inflationary pressures pose significant challenges. Experts anticipate a potential pullback in the future, but overall demand remains strong. Policymakers should focus on addressing structural issues to ensure sustainable growth. The strong PMI indicates a vibrant services sector, but the underlying constraints need careful monitoring to avoid hindering long-term economic progress.

01/20/2026 Logistics Industry Insights
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US Container Volume Rises As Consumer Demand Defies Supply Chain Strains

US Container Volume Rises As Consumer Demand Defies Supply Chain Strains

S&P Global data indicates continued growth in US container freight volume in September, up 13.4% year-over-year, driven by strong consumer goods demand, although capital goods growth has slowed. Despite ongoing challenges, the supply chain demonstrates resilience. Businesses should focus on market changes, strengthen supply chain management to address potential risks, and embrace digital transformation to navigate the evolving landscape.

01/22/2026 Logistics
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US Trucking Demand Stagnates in April As Freight Rates Hold Steady

US Trucking Demand Stagnates in April As Freight Rates Hold Steady

The US truckload freight market experienced stagnant volumes and rates in April. Dry van and refrigerated volumes declined month-over-month, while flatbed saw a slight increase. A combination of factors contributed to this market freeze, leaving the future uncertain. Key factors to monitor include fuel prices, regulatory changes, technological innovation, and the labor market. The overall market direction remains unclear and requires close observation of these influencing elements to predict future trends.

01/19/2026 Logistics Industry Insights
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US Trucking Industry Struggles As Freight Demand Falls Rates Edge Up

US Trucking Industry Struggles As Freight Demand Falls Rates Edge Up

The US truckload freight market in September showed a divergence: freight volume declined, but spot rates edged up. DAT data indicated decreases in dry van and refrigerated volumes, while flatbed volumes saw a slight increase. Experts attribute the rate increase to freight imbalances and capacity shifts rather than demand, expressing pessimism about the peak season outlook. The market faces structural adjustments, requiring all parties to respond cautiously. Despite the spot rate increase, the overall trend suggests a weakening market due to lower volumes and underlying economic uncertainties.

01/22/2026 Logistics Industry Insights
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US Imports Decline Amid Economic Uncertainty

US Imports Decline Amid Economic Uncertainty

S&P Global reports a 3.4% year-over-year decline in US imports for October, marking the third consecutive month of contraction, signaling weak import demand. High inflation, economic downturn risks, and Federal Reserve rate hikes are cited as key factors. The report anticipates continued downward pressure on US import volumes in the coming months, posing challenges for economic recovery. The sustained decline reflects weakening domestic demand and global economic headwinds.

01/07/2026 Logistics
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Bringg Uber Direct Partner to Enhance Retail and B2B Delivery

Bringg Uber Direct Partner to Enhance Retail and B2B Delivery

Bringg and Uber Direct have partnered globally to provide more efficient and flexible delivery solutions for retail and B2B businesses by integrating Uber's driver network. This collaboration will help businesses expand their delivery reach, improve delivery efficiency, optimize delivery processes, and enhance customer experience, jointly building a new ecosystem for efficient delivery. The partnership aims to streamline last-mile logistics and provide businesses with greater control and visibility over their delivery operations, ultimately leading to improved customer satisfaction and reduced operational costs.

01/19/2026 Logistics
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Upsbacked Ware2go Acquired by Stord in Warehousing Shift

Upsbacked Ware2go Acquired by Stord in Warehousing Shift

Ware2Go, UPS's on-demand warehousing platform, offers flexible e-commerce fulfillment solutions. Following its acquisition by Stord, Ware2Go is poised for advancements in intelligence, globalization, and customization. This acquisition aims to enhance Ware2Go's capabilities and expand its reach, providing more sophisticated and tailored warehousing and fulfillment services to businesses. The integration promises a future where Ware2Go can better meet the evolving demands of the e-commerce landscape through innovative technology and a broader global network.

01/20/2026 Logistics
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Swiss Retail Rebounds in Q3 Amid Economic Concerns

Swiss Retail Rebounds in Q3 Amid Economic Concerns

The Swiss retail market rebounded in the third quarter, with the fashion industry, especially warm clothing, experiencing a surge in demand. E-commerce channels are also gradually recovering. Despite economic downturn and inflationary pressures, cross-border e-commerce sellers can seize opportunities in the Swiss market by focusing on warmth needs, paying attention to energy-saving products, implementing refined operations, and adopting localization strategies. This includes offering products tailored to the Swiss climate and consumer preferences to capitalize on the increased demand for thermal wear and related items.

01/16/2026 Logistics Industry Insights
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