US Services Sector Strengthens in October Boosting Economic Outlook

US Services Sector Strengthens in October Boosting Economic Outlook

The US ISM report indicates solid growth in non-manufacturing activity for October, with the NMI reaching 54.7, easing recession concerns. Thirteen industries experienced growth, and the employment market remained strong. The report highlights challenges such as labor shortages and tariffs. Experts believe consumer spending is a key driver, contributing to the positive outlook. While the report paints a generally positive picture, a cautious optimism prevails regarding future growth, as the economy still faces headwinds.

Global Logistics Firms Urged to Strengthen Document Management

Global Logistics Firms Urged to Strengthen Document Management

In international logistics, documents such as customs declarations, bills of lading, and certificates of origin are crucial. If documents are lost, prompt reissuance is necessary. For customs documents like invoices and packing lists, contact the factory for replacements. Losing a bill of lading complicates matters, requiring reissuance from the freight forwarder or shipping company along with a security deposit. If a certificate of origin needs modification, reasons must be provided for reapplication. In case of loss of issued certificates, contact the visa agency within six months for reprocessing. Understanding these remedies helps avoid logistics obstacles.

Global Airports Face Slot Coordination Challenges Amid Growth

Global Airports Face Slot Coordination Challenges Amid Growth

IATA introduces the 'Airport Slot Coordination: Policy and Regulations' course to help industry professionals address global airport infrastructure challenges. The course provides an in-depth understanding of slot coordination policies and efficient operational practices. It covers WASG interpretation, practical exercises, and case studies. Participants will receive a complimentary SSIM e-book and have the opportunity to earn an IATA certificate upon completion. This course equips individuals with the knowledge and skills needed to navigate the complexities of airport slot management effectively and contribute to smoother air travel operations.

Tiktok Ecommerce Smart Product Selection Tips for Sellers

Tiktok Ecommerce Smart Product Selection Tips for Sellers

This article provides a product selection avoidance guide for new TikTok cross-border e-commerce sellers. It analyzes six major pitfalls, including heavy vs. bulky goods, sensitive items, products requiring category approval, seasonal products, products monopolized by leading players, and products with small market capacity. The article also offers suggestions to improve the success rate of product selection, helping sellers stand out in the fierce market competition. It aims to help new sellers avoid common mistakes and choose products with higher potential for success on the TikTok platform.

Alipay Expands Into Short Videos to Rival Content Platforms

Alipay Expands Into Short Videos to Rival Content Platforms

Alipay is actively expanding into the short video sector by upgrading its Life Account and launching features like "Look Around," aiming to move beyond its image as just a payment tool. Despite challenges like ingrained user perceptions and building a content ecosystem, Alipay has the potential to succeed in short video due to its massive user base and strengths in the financial sector. Live streaming e-commerce may become a new growth driver for Alipay in the future.

USPS Targets Package Delivery for Revenue Growth by 2026

USPS Targets Package Delivery for Revenue Growth by 2026

The United States Postal Service projects a 9.4% growth in package delivery for fiscal year 2026, making it a key driver of revenue growth. However, international mail business is expected to decline significantly. To achieve its growth targets, the USPS must address intense market competition and high operating costs, while adapting to external environmental changes. Key strategies for the future include strengthening partnerships with e-commerce platforms, expanding cross-border e-commerce business, and improving operational efficiency.

01/08/2026 Logistics
Read More
Fedex Shifts Strategy to Prioritize Core Growth Areas

Fedex Shifts Strategy to Prioritize Core Growth Areas

FedEx announced a new round of strategic adjustments, including driver furloughs at FedEx Freight, ceasing operations for SameDay City, and refining network services. These measures aim to optimize resource allocation, improve operational efficiency, and navigate the uncertain economic environment, laying the foundation for future sustainable growth. This also provides a reference for the transformation and upgrading of the entire logistics industry. The adjustments are expected to streamline operations and improve profitability in the face of current economic headwinds.

01/07/2026 Logistics
Read More
North American Firms Shift Supply Chains from China to US Mexico

North American Firms Shift Supply Chains from China to US Mexico

North American companies are accelerating their efforts to reduce reliance on China, a trend often referred to as 'De-Sinicization'. Mexico and the United States are potentially the biggest beneficiaries of this shift. Geopolitical factors are a significant driver behind this supply chain reshaping, pushing businesses to diversify their sourcing and manufacturing locations. This move aims to mitigate risks associated with over-dependence on a single country and build more resilient and geographically diverse supply chains.

Tiktok Shop Targets 50B in Global Sales Expansion

Tiktok Shop Targets 50B in Global Sales Expansion

TikTok Shop plans to expand to markets including Australia, France, Italy, Germany, Spain, Canada, Japan, and South Korea in 2024, aiming for a GMV of $50 billion. The new sites may adopt a 'semi-closed loop' model to quickly attract sellers and activate the local e-commerce market. This expansion will bring new opportunities for cross-border e-commerce, with social commerce potentially becoming a key driver of growth. The move signifies TikTok's aggressive push into global e-commerce.

Freight Index Shows Annual Growth Despite Seasonal Spot Market Decline

Freight Index Shows Annual Growth Despite Seasonal Spot Market Decline

The DAT report indicates a month-over-month decrease in spot truckload freight volume for September, but a significant year-over-year increase. Seasonal factors, new Hours of Service (HOS) regulations, and driver shortages are key factors influencing the market. Shippers and carriers need to strengthen collaboration to address these challenges and ensure supply chain stability. This collaboration is crucial for navigating the complexities of the current freight environment and maintaining efficient operations amidst fluctuating demand and evolving regulations.

01/21/2026 Logistics
Read More