US Service Sector Growth Slows but Stays Strong in June

US Service Sector Growth Slows but Stays Strong in June

The US Services PMI decreased from 64 in May to 60.1 in June. While the growth rate slowed, it remained above the 50 threshold, indicating the service sector has been expanding for 13 consecutive months. Supply chain bottlenecks, labor shortages, and inflationary pressures may have contributed to the slowdown. The service sector remains a key driver of US economic growth. Continued monitoring of PMI trends is necessary to assess the sector's performance and its impact on the overall economy.

Forward Air Acquires Chickasaw Container Services to Boost Intermodal Reach

Forward Air Acquires Chickasaw Container Services to Boost Intermodal Reach

Forward Air's acquisition of Chickasaw Container Services aims to expand its intermodal operations in the Mobile market and solidify its position in Memphis. This move highlights the growing importance of intermodal transportation as a key growth area in the logistics industry, foreshadowing accelerated industry consolidation, digitalization, green initiatives, and collaborative trends. Forward Air's strategic deployment warrants attention. The acquisition strengthens Forward Air's network and service offerings, positioning them for further growth in the competitive logistics landscape. This acquisition is a strategic move to capture a larger share of the intermodal market.

01/20/2026 Logistics
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Echo Global Logistics Acquires Fastmore to Expand International Freight

Echo Global Logistics Acquires Fastmore to Expand International Freight

Echo Global Logistics acquired Fastmore Logistics to expand its service range, leveraging Fastmore's strengths in the international freight forwarding market. This acquisition aims to break down the barriers between domestic logistics and international freight, achieving complementary advantages and synergistic development. The goal is to provide customers with more comprehensive service capabilities by integrating Fastmore's international expertise with Echo's existing domestic network, ultimately offering a more seamless and robust logistics solution.

01/20/2026 Logistics
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CH Robinson Acquires Apreo Logistics to Expand in Europe

CH Robinson Acquires Apreo Logistics to Expand in Europe

C.H. Robinson acquired Apreo Logistics S.A., a Polish freight forwarding company, to expand its European presence, strengthen core capabilities, and diversify transportation modes. This acquisition aligns with CHRW's long-term strategic plan, enabling them to better serve European and global customers and gain a stronger foothold in the competitive European logistics market. The move is expected to enhance their service offerings and improve their competitive advantage within the region.

01/26/2026 Logistics
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CH Robinson Acquires Phoenix International to Expand Global Reach

CH Robinson Acquires Phoenix International to Expand Global Reach

C.H. Robinson's acquisition of Phoenix expands its global freight forwarding capabilities, enhancing services and technology. The integration of resources aims to solidify market position and provide superior logistics solutions, focusing on collaborative customer growth. This strategic move allows C.H. Robinson to offer a broader range of services and a stronger global network, ultimately benefiting customers through improved efficiency and reach in their supply chains. The acquisition underscores C.H. Robinson's commitment to growth and innovation in the global logistics landscape.

01/26/2026 Logistics
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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.

Zhang Lans Livestreaming Empire Declines Amid Image Crisis

Zhang Lans Livestreaming Empire Declines Amid Image Crisis

Zhang Lan's live streaming room is experiencing a decline in popularity, with a loss of fans and a lack of innovative content. The controversies surrounding her inappropriate remarks and the eventual resolution of conflicts have led to a fading of the initial hype. Data indicates a downward trend, raising questions about whether this is a fleeting phenomenon or a chance for rebirth. Will she be able to reinvent herself and regain her audience, or is this the beginning of the end for her live streaming career?

Amazon Opens New YXX1 Warehouse in Canada to Boost Logistics

Amazon Opens New YXX1 Warehouse in Canada to Boost Logistics

Amazon has launched a new warehouse center, YXX1, in Canada to enhance logistics efficiency and increase delivery speed, creating a positive impact on local economic development and employment. Spanning 825,000 square feet, the center is equipped with advanced technology and is expected to attract more customers, support sustainable transportation, and contribute to community development.

06/11/2025 Warehousing
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Tiktok Faces Layoffs Localization Hurdles in Ecommerce Push

Tiktok Faces Layoffs Localization Hurdles in Ecommerce Push

Amidst the Silicon Valley layoffs, TikTok is expanding, showcasing its potential in social commerce. This article analyzes TikTok's e-commerce rise, its challenges, and strategies for success, emphasizing localized operations and refined services as key factors. The overseas social commerce market presents vast opportunities but also faces numerous hurdles, requiring continuous innovation and adaptation. TikTok's success hinges on understanding local market nuances and tailoring its approach accordingly to overcome regulatory and cultural barriers.

Better Trucks Expands Nationally to Transform Lastmile Delivery

Better Trucks Expands Nationally to Transform Lastmile Delivery

Better Trucks, a parcel carrier specializing in next-day and two-day delivery, plans to expand its service reach with a $15 million funding round, aiming to challenge the market dominance of FedEx and UPS. The company employs a flexible operational model, combining a fleet of contractor vehicles and a gig driver platform, to deliver higher quality and more reliable last-mile delivery services, catering to the evolving needs of shippers. This approach offers an alternative solution in the increasingly competitive logistics landscape.

01/16/2026 Logistics
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