US Service Sector Growth Slows but Stays Strong in September

US Service Sector Growth Slows but Stays Strong in September

The US ISM non-manufacturing index edged down to 58.6 in September, slightly below August but well above the 50 threshold, indicating continued expansion in the US service sector for the 56th consecutive month. The robust service sector, a key economic driver, sends a positive signal to businesses and investors. However, challenges such as labor shortages and inflation warrant attention. The index suggests a healthy, albeit moderating, pace of growth in the non-manufacturing sector, reflecting the overall economic landscape.

02/03/2026 Logistics Industry Insights
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US Service Sector Growth Slows but Remains Strong in September

US Service Sector Growth Slows but Remains Strong in September

The US ISM Non-Manufacturing Index edged down to 58.6 in September, according to the Institute for Supply Management's report. Despite the slight decrease, the index remains above the 50 threshold, indicating the 56th consecutive month of expansion. While the growth rate has moderated, the robust performance of the non-manufacturing sector reflects the resilience of the US economy and will continue to provide support for economic growth. The index suggests continued, albeit slower, expansion in the services sector.

02/03/2026 Logistics Industry Insights
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US Services Sector Growth Slows but Remains Strong in September

US Services Sector Growth Slows but Remains Strong in September

The U.S. ISM Non-Manufacturing Index (NMI) registered 58.6 in September, according to the Institute for Supply Management. While slightly lower than August, the NMI remains well above the 50 threshold, indicating continued expansion in the non-manufacturing sector. This sector has now experienced growth for 56 consecutive months, providing significant support to the U.S. economy. It's important to monitor the impact of global economic uncertainties on the future development of the non-manufacturing sector.

02/03/2026 Logistics Industry Insights
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US Forms Task Force to Address Shipping Supply Chain Crisis

US Forms Task Force to Address Shipping Supply Chain Crisis

The U.S. Federal Maritime Commission (FMC) has established a "Supply Chain Innovation Team" to address challenges in ocean shipping caused by the pandemic, including empty container accumulation, refrigerated container shortages, and vessel delays. By bringing together representatives from various sectors, the team aims to identify innovative solutions and coordinate actions to alleviate the pandemic's impact on the global supply chain and ensure smooth trade flows. The initiative seeks to find practical ways to improve efficiency and resilience within the current system.

02/04/2026 Logistics
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US Labor Dept Releases AI Guidelines to Safeguard Workers Rights

US Labor Dept Releases AI Guidelines to Safeguard Workers Rights

The U.S. Department of Labor has released guiding principles for AI application in the workplace. These guidelines aim to help employers consider employee needs, maintain and improve work quality when introducing AI platforms. The principles cover employee empowerment, ethical development, transparent use, rights protection, support for affected employees, and data security. They emphasize a human-centered approach to AI development, aiming to build an intelligent, equitable, and humanized AI workplace.

02/04/2026 Logistics Industry Insights
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10 USD to Swiss Francs Current Exchange Rate and Market Trends

10 USD to Swiss Francs Current Exchange Rate and Market Trends

Recent fluctuations in the exchange rate between the US dollar and the Swiss franc have garnered investor attention. Currently, 10 US dollars can be exchanged for 8.07 Swiss francs, indicating the strength of the dollar and the appeal of the Swiss franc as a safe-haven currency. Understanding these exchange rate dynamics is crucial for personal investments and business operations.

08/08/2025 Exchange Rate Query
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USD to CNY Rate 500 Equals 359192 Yuan

USD to CNY Rate 500 Equals 359192 Yuan

Currently, 500 US dollars can be exchanged for 3591.92 renminbi, with an exchange rate of 1 dollar to 7.18385 renminbi. Over the past 30 days, the exchange rate between the US dollar and the renminbi has shown significant fluctuations, reaching a high of 7.2121 and a low of 7.1790. These changes are crucial for financial decisions made by individuals and businesses.

08/10/2025 Exchange Rate Query
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GLS Expands Fast Useurope Shipping Options

GLS Expands Fast Useurope Shipping Options

GLS Group integrates its US and European networks to launch an efficient door-to-door cross-border parcel delivery service, significantly reducing transit times and offering end-to-end tracking and customized solutions. This simplifies cross-border logistics, assisting businesses in expanding into the US and European markets. This launch marks a significant step in GLS's transformation into a global logistics leader.

11/03/2025 Logistics Industry Insights
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Biden Weighs Easing China Tariffs to Curb Inflation

Biden Weighs Easing China Tariffs to Curb Inflation

The Biden administration is considering lifting Trump-era tariffs on China, potentially to ease inflation and repair US-China relations. Removing tariffs could lower the cost of Chinese imports, boost the competitiveness of American businesses, and create a more favorable environment for cooperation in other areas. However, the final outcome remains uncertain, and the future of US-China trade relations is still evolving.

01/19/2026 Customs Knowledge
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Usmexico Crossborder Trucking Deal Opens Business Opportunities

Usmexico Crossborder Trucking Deal Opens Business Opportunities

The US-Mexico cross-border transportation agreement marks a new phase in North American trade. Fulfilling US commitments under NAFTA, it eliminates trade barriers and fosters nearshoring trends. Businesses should focus on compliance, security, communication, and technology, selecting suitable logistics partners to seize opportunities and optimize supply chains. Addressing these challenges is crucial for sustainable growth in this evolving landscape.

01/28/2026 Logistics Industry Insights
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