Global Logistics Sector Struggles As PMI Hits 10year Low

Global Logistics Sector Struggles As PMI Hits 10year Low

Global trade faces challenges as the manufacturing PMI hits a 10-year low, raising supply chain concerns. The Port of Los Angeles is enhancing its operational efficiency and competitiveness through increased infrastructure investment, data-driven management, and strengthened inland partnerships. Businesses need to build flexible, efficient, and resilient supply chains by diversifying sourcing, strengthening risk management, embracing technological innovation, and fostering collaboration to navigate the complexities and uncertainties of global trade.

US Freight Demand Dips As Service Sector Gains Momentum

US Freight Demand Dips As Service Sector Gains Momentum

The Bank of America Freight Index Q4 report reveals a significant decline in US freight volumes, marking the largest drop in recent years. This is attributed to the recovery of the service sector, inflation, and a cooling housing market. Regional performance varied, with the Western region experiencing the most significant impact. The report highlights the influence of shifting consumer spending patterns on the freight market. It advises businesses to closely monitor macroeconomic trends, optimize supply chains, and embrace technological innovation to navigate these challenges.

US Service Sector Growth Slows on Supply Chain Strains

US Service Sector Growth Slows on Supply Chain Strains

The US Services PMI in May remained above the expansion threshold, but its growth slowed to a more than one-year low. Supply chain challenges, labor shortages, and inter-industry disparities were key contributing factors. The report indicated an increase in new orders and a recovery in employment. However, businesses need to be vigilant about global economic changes and adapt flexibly to challenges in order to seize opportunities.

US Services Sector Slows in September but Remains Resilient

US Services Sector Slows in September but Remains Resilient

U.S. non-manufacturing activity moderated slightly in September, but the NMI index remained above the expansion threshold, marking 116 consecutive months of growth. Thirteen industries expanded, while employment growth slowed. Imports and exports presented a mixed picture. Experts suggest there's no need for excessive concern, emphasizing the importance of monitoring trade and employment. They anticipate growth in the fourth quarter.

US Services Sector Remains Strong in February Amid Pandemic

US Services Sector Remains Strong in February Amid Pandemic

U.S. non-manufacturing activity unexpectedly accelerated in February, showing resilience despite the COVID-19 pandemic. Most industries continued to expand, with strong gains in new orders and employment. Analysts note that the pandemic introduces uncertainty, but consumer confidence and Federal Reserve interest rate cuts are expected to support future growth. The positive data suggests underlying strength in the service sector, a key driver of overall economic expansion, even as challenges persist from the ongoing health crisis.

Greeces Energy Storage Sector Relies on Battery Air Freight

Greeces Energy Storage Sector Relies on Battery Air Freight

This article provides an in-depth analysis of the Greek air freight market for energy storage batteries. It highlights top logistics providers such as Skylogistica, Logifeel, Neorion Shipping, DHL Express, and UPS. Furthermore, it offers key considerations for selecting the right air freight partner and answers frequently asked questions. This guide aims to help businesses efficiently and safely transport energy storage batteries to Greece, enabling them to seize market opportunities and gain a competitive edge.

01/26/2026 Logistics
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China Extends Polysilicon Antidumping Duties to Shield Solar Sector

China Extends Polysilicon Antidumping Duties to Shield Solar Sector

China continues to impose anti-dumping and countervailing duties on solar-grade polysilicon imports from the United States and South Korea. This measure aims to prevent low-price dumping and safeguard the security of the photovoltaic industry chain. The move will impact the procurement strategies of importing companies, accelerate domestic substitution, and strengthen China's dominance in the global photovoltaic industry chain. Companies should closely monitor policy developments and adjust their business strategies to cope with trade risks.

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.

Qingdao Expo 2026 to Boost Chinas Dairy Sector Growth

Qingdao Expo 2026 to Boost Chinas Dairy Sector Growth

The 2026 Qingdao Dairy Expo aims to build a comprehensive industry chain display platform, enhance the brand influence of China's dairy industry, and promote international exchange and cooperation. Shandong's dairy industry, with its advantages in milk source base construction, dairy processing capacity, and geographical location, lays the foundation for the exhibition. The expo will cover areas such as dairy products, animal health care, breeding equipment, and processing technology, while facing challenges such as international competition and changing demands. The exhibition will inject new vitality into China's dairy industry and promote industrial upgrading.

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.