WCO Strengthens Risk Management for Middle Corridor Trade in Central Asia Caucasus

WCO Strengthens Risk Management for Middle Corridor Trade in Central Asia Caucasus

The WCO and JICA collaborated to enhance customs risk management capabilities in the Central Asia and Caucasus region. A training program was held in Georgia to develop Master Trainers, aiming to ensure the smooth operation of the 'Middle Corridor'. This initiative focuses on strengthening regional customs expertise and facilitating efficient trade flows along this crucial trade route. The program supports improved risk assessment and management practices within customs administrations, contributing to secure and efficient border procedures.

US Freight Sector Faces Weak Demand UPS Strike Risk and Yellow Collapse

US Freight Sector Faces Weak Demand UPS Strike Risk and Yellow Collapse

The US freight market faces challenges from slowing demand and overcapacity. The potential UPS strike and Yellow's bankruptcy add further uncertainty. The report analyzes the current state of various transportation modes, emphasizing that shippers should closely monitor market dynamics, collaborate with multiple carriers, optimize transportation networks, and strengthen risk management. By diversifying carrier relationships and proactively managing potential disruptions, shippers can navigate the volatile market and mitigate the impacts of these challenges.

US Service Sector Growth Slows Amid Economic Concerns

US Service Sector Growth Slows Amid Economic Concerns

The August ISM Non-Manufacturing Index declined, with all three key indicators showing a downward trend, particularly in employment contraction. Despite growth in the Manufacturing PMI, the overall economic recovery faces challenges, and inflationary pressures persist. Businesses should closely monitor economic indicators, flexibly adjust their operational strategies, proactively address risks, and seek opportunities for growth. The significant drop in the Non-Manufacturing PMI signals potential headwinds for the service sector and reinforces concerns about the sustainability of the economic rebound.

Strong Consumer Demand Fails to Lift Freight Sector

Strong Consumer Demand Fails to Lift Freight Sector

At the SMC3 Jump Start 2024 Conference, Armada's Prather pointed out a "decoupling" between the positive macroeconomic indicators and the cooling freight market. This is attributed to various factors including shifts in consumption patterns, adjustments in inventory management strategies, regionalization of supply chains, and technological advancements. Consequently, it's no longer reliable to solely rely on macroeconomic indicators to predict the performance of the freight market. These structural changes necessitate a more nuanced approach to understanding the dynamics of freight demand.

Flexport Report Reveals Key Global Trade Trends

Flexport Report Reveals Key Global Trade Trends

Flexport Research leverages proprietary and third-party data to provide in-depth freight market and economic research, analyzing shocks to global supply chains. Its core indicators include the Ocean Timeliness Indicator (OTI), Post-Pandemic Indicators, and trade activity forecasts. The goal is to help clients, partners, and the broader industry better understand market dynamics and inform future decision-making. By providing insights into key trends and disruptions, Flexport Research aims to empower stakeholders to navigate the complexities of global trade and supply chains effectively.

The Risk of Blocking the Strait of Hormuz: Disruption of Global Shipping and Supply Chains

The Risk of Blocking the Strait of Hormuz: Disruption of Global Shipping and Supply Chains

The risk of blocking the Strait of Hormuz has intensified, as the Iranian parliament passes a resolution that could severely impact the shipping industry. Shipping companies have implemented detour measures, significantly increasing transport costs, which may lead to a rise in global prices. The closure of the Strait of Hormuz will directly affect oil and gas supplies, posing a threat to global economic stability.

07/11/2025 Logistics
Read More