The ISM report indicates continued expansion in US non-manufacturing activity in May. The NMI registered 56.9, slightly below the previous month but still above the 12-month average. The employment index showed significant growth, with businesses generally optimistic. However, a decline in the new orders index and labor shortages remain concerns. Overall, the non-manufacturing sector provides important support for US economic growth.
The latest report from the Institute for Supply Management (ISM) indicates a diverging outlook for supply chain planning in the manufacturing and service sectors in the US. Businesses need to develop refined strategies tailored to specific industry characteristics, emphasizing data-driven decision-making, and strengthening supply chain management capabilities to navigate market uncertainties. This divergence highlights the need for a nuanced approach to forecasting and planning, taking into account the unique challenges and opportunities presented by each sector. Addressing these differences is crucial for maintaining resilience and optimizing performance.
The latest report from the Institute for Supply Management (ISM) reveals a diverging outlook for supply chain planning in the manufacturing and service sectors in the US. Businesses need to closely monitor market changes, flexibly adjust their supply chain strategies, and actively promote digital transformation to address uncertainties and seize growth opportunities. This requires proactive adaptation to the evolving economic landscape and strategic investments in technology to enhance resilience and agility within the supply chain.
The Institute for Supply Management (ISM) report indicates a divergence in growth expectations for the US manufacturing and services sectors in 2025. Manufacturing revenue is projected to increase by 4.2%, and capital expenditures by 5.2%, but faces upward price pressures. The services sector anticipates revenue growth of 3.7% and capital expenditure growth of 5.1%, with a slight decrease in capacity utilization. The report provides valuable insights for businesses to develop differentiated strategies and capitalize on growth opportunities within these evolving economic landscapes.
The ISM report indicates robust growth in non-manufacturing activity for July, with the NMI reaching 60.4. However, the employment index declined, and inflationary pressures intensified. Experts are cautiously optimistic about the future, emphasizing the need to monitor potential risks, with autumn being a crucial observation period. The report highlights the impact of fuel costs and underscores the importance of businesses adapting flexibly to market changes. Companies need to be agile in the face of evolving economic conditions.
Maersk has launched two new rail services connecting DP World London Gateway with Hams Hall and iPort Doncaster. This initiative aims to address the growth in port container transport, enhance inland connectivity, and promote a shift from road to rail transport, contributing to sustainable development.
This article provides a comprehensive overview of Gulf Air's cargo services, including its airline code, official website, hub airport, air cargo tracking link, and key features. Through the West Coast Cargo website, users can easily access essential information about Gulf Air's cargo operations, facilitating informed decisions when selecting suitable freight services. It highlights the convenience and accessibility of information for potential customers seeking reliable air cargo solutions offered by Gulf Air.
Da Shun Logistics specializes in the South American market, partnering with various airlines to provide air freight services from China to South America. Services include customized solutions, one-on-one support, customs clearance advice, and door-to-door delivery. Their strong routes cover major South American cities, focusing on cargo safety and timely delivery to facilitate trade between China and South America. They offer tailored solutions and prioritize efficient and secure transport for businesses engaged in this vital trade lane.
This article provides a detailed overview of the various branches of Citibank N.A. and their corresponding SWIFT codes. Its aim is to assist users in efficiently conducting international remittances and receiving funds, ensuring quick and secure transactions.
This article discusses the distinctions and pricing issues between express delivery and air freight services in international logistics. Customers often confuse the nature of these two services, focusing solely on weight during inquiries while neglecting their actual needs. Traditional air freight only delivers to the airport, while express delivery offers door-to-door service.
