Pandemic Risks Longterm Damage to Global Economic Growth

Pandemic Risks Longterm Damage to Global Economic Growth

An IHS Markit report indicates that the COVID-19 pandemic not only caused an economic recession but also poses a threat to long-term growth. The labor market, capital stock, and total factor productivity have all been negatively affected. Real GDP in developed economies is projected to be lower than pre-pandemic expectations by 2030. Accelerated digitalization may partially offset these adverse effects, but the overall long-term economic consequences remain significant and concerning.

01/26/2026 Logistics Industry Insights
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Descartes Buys Kontainers to Boost Logistics Tech

Descartes Buys Kontainers to Boost Logistics Tech

Descartes' acquisition of Kontainers accelerates logistics digitalization. This strengthens freight forwarder solutions, providing a complete quote-to-delivery digital experience, improving efficiency and reducing costs. The acquisition will enhance Descartes' Global Logistics Network, offering a more comprehensive suite of services for shippers and logistics service providers. By integrating Kontainers' platform, Descartes aims to streamline processes and provide greater visibility throughout the supply chain, ultimately benefiting customers with faster and more cost-effective shipping solutions.

01/26/2026 Logistics
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Global Supply Chains Adapt to Challenges and New Career Trends

Global Supply Chains Adapt to Challenges and New Career Trends

Interview research reveals a shift in the role of supply chain managers, requiring strategic thinking and collaboration. They face short-term interest conflicts and resource constraints. The future trend points towards digitalization and intelligentization. This requires professionals to develop new skills and adapt to a changing landscape. Understanding these trends is crucial for career advancement in the field. The insights provide valuable perspectives on the challenges and opportunities within supply chain management.

01/27/2026 Logistics Industry Insights
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Midwest Grocers Struggle Against Ecommerce Discount Rivals

Midwest Grocers Struggle Against Ecommerce Discount Rivals

Traditional fresh food retailers in the US Midwest are facing decline due to increased competition from e-commerce and the rise of discount stores. To survive, traditional supermarkets need to embrace digitalization, optimize their supply chains, differentiate themselves, and innovate their business models. Learning from the success of discount retailers is crucial for navigating the future of the fresh food retail industry. They must adapt to the changing landscape to remain competitive and relevant.

01/29/2026 Logistics Industry Insights
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All South Flooring Expands With Smart Logistics Strategy

All South Flooring Expands With Smart Logistics Strategy

All South Flooring partnered with Averitt to optimize its logistics management, improve service levels, reduce operating costs, and enhance market competitiveness, achieving sustained business expansion and increased market share. This case provides valuable insights for logistics upgrades in the flooring industry, emphasizing the importance of digitalization, resource integration, customer-centricity, and continuous optimization. By leveraging smart logistics solutions, All South Flooring streamlined its supply chain, resulting in significant improvements in efficiency and customer satisfaction.

01/30/2026 Logistics Industry Insights
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ATA and Istanbul Conventions Adopt Digital Trade Measures

ATA and Istanbul Conventions Adopt Digital Trade Measures

The ATA & Istanbul Conventions Conference focused on the electronic transformation of ATA Carnets and the conventions themselves. The aim is to simplify customs procedures, reduce costs, and improve efficiency, ultimately facilitating international trade. Digitalization promises streamlined processes, faster clearance times, and enhanced data security. This shift towards electronic systems aligns with global efforts to modernize trade and promote greater economic cooperation by removing trade barriers and fostering a more efficient and transparent environment for businesses.

02/02/2026 Customs Knowledge
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Major Retailers Forecast Record Holiday Sales Amid Economic Concerns

Major Retailers Forecast Record Holiday Sales Amid Economic Concerns

The National Retail Federation (NRF) forecasts 2025 holiday sales to reach $1.01-$1.02 trillion, a 3.7%-4.2% increase year-over-year. Despite economic uncertainties, consumer spending remains robust. Retailers need to precisely target customers, optimize supply chains, embrace digitalization, and flexibly adapt to market changes to succeed in this trillion-dollar opportunity. This requires a strategic approach to navigate potential challenges and capitalize on the continued strength of consumer demand during the holiday season.

02/04/2026 Logistics Industry Insights
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Guide to HS Code 94 for Export Categorization and Compliance

Guide to HS Code 94 for Export Categorization and Compliance

This article provides an in-depth analysis of products under HS Code 94, including aircraft and motor vehicle seats. It discusses export tax rebate policies and compliance requirements. Understanding these details will help enhance the international trade competitiveness of businesses and ensure smooth customs clearance.

08/05/2025 HS Code Query
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Luxury Watch Trade Decoding HS Codes and Global Markets

Luxury Watch Trade Decoding HS Codes and Global Markets

The article delves into the HS coding system for luxury watches, providing insights into the classification of precious metal electronic and mechanical watches, as well as the export tax rebate policies. It highlights the significance of understanding this information for both consumers and businesses.

08/05/2025 HS Code Query
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