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.

CEVA Logistics Expands LCL Service from Hamburg to New York

CEVA Logistics Expands LCL Service from Hamburg to New York

CEVA Logistics has launched a new LCL service from Hamburg to New York, designed to provide faster and more reliable transportation for smaller shipments. This route enhances overall logistics efficiency by optimizing processes, reducing customs inspection risks, accelerating cargo retrieval, and expanding the inland transportation network. The initiative aims to lower the barriers to international trade for small and medium-sized enterprises (SMEs), helping them expand into the US market. The new service offers a streamlined and cost-effective solution for businesses seeking to access the American market with smaller cargo volumes.

01/28/2026 Logistics
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Supply Chain As a Service Boosts Retailers Against Ecommerce Rivals

Supply Chain As a Service Boosts Retailers Against Ecommerce Rivals

Intense e-commerce competition presents supply chain challenges for small and medium retailers. Fourth-Party Logistics (4PL), offering a “Supply Chain as a Service” model, integrates technology, logistics resources, and consulting services to provide customized solutions. This enhances agility, visibility, and resilience, helping retailers survive amidst e-commerce giants. The MonarchFX initiative potentially foreshadows a new normal in the retail industry. It empowers retailers to optimize their supply chains and compete more effectively in the rapidly evolving digital landscape by leveraging external expertise and resources.

US Service Sector Growth Slows in November Amid Economic Risks

US Service Sector Growth Slows in November Amid Economic Risks

The US Services PMI for November expanded for the fifth consecutive month, but the growth slowed to 52.1, falling below expectations. Significant sectoral divergence was observed, with most sectors expanding while a few contracted. Key sub-indices showed mixed signals, interpreted by experts as a return to normalcy. Geopolitical risks, policy uncertainties, and inflationary pressures pose potential risks. The outlook remains cautiously optimistic, emphasizing the need to monitor structural changes within the services sector. The slowdown suggests a moderating pace of economic activity.

Crossborder Shipping Costs Rise Costsaving Tips for Sellers

Crossborder Shipping Costs Rise Costsaving Tips for Sellers

The rise of cross-border e-commerce has made full-container shipping a crucial logistics option for many businesses. However, the cost structure of this transportation method is complex, and newcomers may easily fall into high-cost traps. This article provides an in-depth analysis of port-to-port charges for full-container shipping, helping sellers understand the details of the fees and offering strategies to reduce costs, ensuring maximum profitability.

Guide to Locating Shentong Express in Donghai County

Guide to Locating Shentong Express in Donghai County

Troubled by not finding the S.F. Express phone number in Donghai County? This article provides an efficient inquiry guide. It helps you locate the S.F. Express phone number in three steps, avoid information traps, explore multiple channels simultaneously, and resolve common issues. This helps you to send packages easily, saving time and effort. It includes tips on verifying the authenticity of the phone number and alternative inquiry methods.

01/05/2026 Logistics
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Guide to Navigating Hidden LCL Shipping Costs

Guide to Navigating Hidden LCL Shipping Costs

LCL (Less than Container Load) shipping costs are complex and prone to hidden charges. This article delves into LCL pricing rules, exposing common traps like volumetric/weight surcharges, storage fees, and amendment fees. It provides practical advice on avoiding these risks, helping shippers effectively control costs and ensure the safe arrival of their goods. Understanding these hidden fees is crucial for accurate budgeting and preventing unexpected expenses in international LCL shipments.

Costsaving Strategies for Small LCL Shipping

Costsaving Strategies for Small LCL Shipping

This article delves into the "minimum charge" rule in LCL (Less than Container Load) shipping. It provides a detailed analysis of the billing method for shipments less than one cubic meter and offers practical strategies to avoid cost traps. These strategies include paying attention to fixed surcharges, comparing international express delivery, and consolidating shipments. The aim is to help shippers optimize logistics costs for small-volume ocean freight.

Global Shipping Costs How to Calculate Billable Weight

Global Shipping Costs How to Calculate Billable Weight

International express billable weight isn't solely based on actual weight; it's determined by the greater of actual weight and volumetric weight. This article details the calculation methods for both weights, the final determination rules, and provides key precautions to avoid freight traps. It helps you to calculate accurately and reduce international logistics costs effectively. Understanding these factors is crucial for optimizing your shipping strategy and minimizing unexpected expenses in international shipping.