US Service Sector Hits Record High in May Amid Demand Surge

US Service Sector Hits Record High in May Amid Demand Surge

The US Services PMI hit a record high of 64 in May, signaling a robust economic recovery. All 18 industries reported growth, driven by pent-up demand. However, supply chain bottlenecks, labor shortages, and inflationary pressures pose significant challenges. Experts anticipate a potential pullback in the future, but overall demand remains strong. Policymakers should focus on addressing structural issues to ensure sustainable growth. The strong PMI indicates a vibrant services sector, but the underlying constraints need careful monitoring to avoid hindering long-term economic progress.

01/20/2026 Logistics Industry Insights
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USPS Cuts Losses Amid Reform Efforts and Ongoing Challenges

USPS Cuts Losses Amid Reform Efforts and Ongoing Challenges

USPS narrowed its losses in the second quarter, reporting revenue growth despite a decline in package volume. A transformation plan is underway aiming to improve operations, but its effectiveness remains to be seen. The future presents both opportunities and challenges for the postal service. The reduction in losses offers a glimmer of hope, but sustained growth and efficiency gains are crucial for long-term financial stability in a rapidly evolving logistics landscape. The success of the transformation will determine USPS's ability to adapt and thrive.

01/21/2026 Logistics
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Kwai and Google Partner to Boost Crossborder Ecommerce Sales

Kwai and Google Partner to Boost Crossborder Ecommerce Sales

This article reveals growth strategies for cross-border e-commerce using Kwai short videos for traffic generation and Google Ads for precise conversions. It focuses on building brand awareness in emerging markets through Kwai and then leveraging Google Ads to precisely reach high-intent customers, creating an efficient conversion loop. The importance of compliant operations is emphasized, and common questions are answered, helping cross-border e-commerce businesses achieve sales growth. This approach combines the reach of short-form video with the precision targeting of paid search.

01/21/2026 Logistics Encyclopedia
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Trade War Fears Threaten Freight Industry Amid Recession Risks

Trade War Fears Threaten Freight Industry Amid Recession Risks

Global trade tensions and tariff policies are creating uncertainty in the freight economy, impacting business investment, hiring, and expansion decisions. Fitch Ratings has lowered its U.S. growth forecast and warns that tariffs could lead to inflation and recession. Businesses should diversify supply chains, optimize inventory management, and explore new markets. Policymakers need to maintain the multilateral trading system, avoid escalating trade wars, and create a stable business environment. These measures are crucial to mitigating the negative effects of trade disputes and promoting sustainable economic growth.

01/21/2026 Logistics Industry Insights
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US Imports Stay Strong As Retailers Gear Up for Holidays

US Imports Stay Strong As Retailers Gear Up for Holidays

Despite brief labor disruptions at US East Coast and Gulf Coast ports, the Port Tracker report indicates continued growth in US imports as retailers prepare for the holiday season. August saw record-high import volumes, and forecasts predict sustained growth in the coming months. Experts suggest that this surge is largely driven by contingency import measures, highlighting the need for enhanced supply chain resilience to address future challenges. The report emphasizes the importance of proactive strategies to navigate potential disruptions and maintain stable import levels.

01/17/2026 Logistics
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Bernstein Analyzes US Economy Trade Spending Inflation Trends

Bernstein Analyzes US Economy Trade Spending Inflation Trends

Council of Economic Advisers Chair Bernstein, speaking at the Port of Los Angeles, analyzed the US economy from a freight perspective. He emphasized the importance of trade, highlighted consumption as the cornerstone of economic growth, praised the strong job market, and acknowledged that inflation remains a challenge. He stressed the government's commitment to lowering inflation while maintaining employment, boosting purchasing power, and achieving balanced economic growth. The administration is focused on navigating the current economic landscape to ensure stability and prosperity for American citizens.

01/21/2026 Logistics Industry Insights
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Bargain Hunt Averitt Express Partner to Boost Retail Supply Chain

Bargain Hunt Averitt Express Partner to Boost Retail Supply Chain

Bargain Hunt partnered with Averitt Express to significantly improve efficiency and drive business growth through supply chain optimization. By reducing fleet size, optimizing transportation routes, and adopting advanced technologies, Bargain Hunt successfully overcame the challenges of expansion, achieving a win-win situation of efficiency and growth. The collaboration streamlined operations and provided a more agile and responsive supply chain, allowing Bargain Hunt to better serve its customers and expand its market reach. This strategic partnership highlights the importance of efficient logistics in supporting retail expansion.

01/22/2026 Logistics
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Cookstown Airport Boosts Ontarios Regional Economy

Cookstown Airport Boosts Ontarios Regional Economy

Cook Town Airport, located in Ontario, Canada, is a small airport featuring a 3,400-foot grass runway. Despite a lack of weather observation data and user reviews, it demonstrates unique value in regional air transport, which presents opportunities for further development and improvement.

08/04/2025 Airport Codes
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