US Service Sector Shrinks Stoking Economic Worries

US Service Sector Shrinks Stoking Economic Worries

The US Services PMI unexpectedly contracted in May, ending a ten-month growth streak. A sharp drop in new orders highlighted weakening demand and declining confidence. Increased industry divergence was observed, with experts warning of uncertainty due to trade tariffs. Businesses should closely monitor the market, optimize supply chains, improve efficiency, and strengthen risk management. Actively seeking policy support is also crucial for navigating the challenges and opportunities ahead and ensuring sustainable development.

01/19/2026 Logistics Industry Insights
Read More
Trucking Rates Edge Up Amid Yearend Market Weakness

Trucking Rates Edge Up Amid Yearend Market Weakness

The DAT report indicates a slight increase in U.S. truckload spot rates in October, but overall freight volumes declined, signaling weaker demand in the freight market towards the end of the year. Experts attribute this to a combination of factors, including inventory overhang, macroeconomic uncertainties, and regulatory changes, posing challenges to the market. Freight companies need to refine operations, diversify services, embrace technology, and strengthen risk management to navigate the market downturn.

01/22/2026 Logistics Industry Insights
Read More
Diesel Prices Fall Easing Costs for Logistics Sector

Diesel Prices Fall Easing Costs for Logistics Sector

The average diesel price in the United States continues to decline, offering cost relief to the logistics industry. Analysis indicates that diesel prices are influenced by multiple factors, including crude oil prices, supply and demand dynamics, and geopolitical events, suggesting a potentially volatile future. Logistics companies should proactively manage fuel price fluctuations by optimizing transportation routes, adopting energy-saving technologies, and gradually investing in new energy vehicles to mitigate risks and enhance sustainability.

01/19/2026 Logistics
Read More
Temus Home Goods Boom Lifts Crossborder Ecommerce Sellers

Temus Home Goods Boom Lifts Crossborder Ecommerce Sellers

Temu's home goods category demonstrates significant potential in cross-border e-commerce. Order volume experienced substantial growth in Q3 2024, with strong demand for storage solutions, small kitchen appliances, and decorative lighting. The United States and Europe are key markets. Sellers should pay close attention to market trends and develop effective strategies to capitalize on growth opportunities. This category presents a promising avenue for expansion and increased sales within the competitive landscape of online retail.

01/23/2026 Logistics Industry Insights
Read More
US Service Sector Growth Cools on Supply Labor Challenges

US Service Sector Growth Cools on Supply Labor Challenges

The US Services PMI edged down slightly in August but remained in expansion territory, indicating robust demand. However, supply chain bottlenecks and labor shortages are major constraints. Addressing these issues will be crucial for ensuring sustainable growth in the services sector going forward. The continued growth despite these challenges highlights the underlying strength of the US economy, but also underscores the urgency in resolving these supply-side limitations to unlock further potential.

01/27/2026 Logistics Industry Insights
Read More
Global Shipping Faces Summer Crisis As Freight Rates Soar

Global Shipping Faces Summer Crisis As Freight Rates Soar

The global freight market faced severe challenges in May 2021. Trans-Pacific routes experienced congestion, leading to increased freight rates and tight capacity. Equipment shortages in Asia and port congestion in Europe impacted the repositioning of empty containers. Air freight demand surged, resulting in a capacity crunch and soaring prices. The ongoing pandemic continued to disrupt global supply chains. It is recommended to book space in advance and choose quality services to mitigate potential disruptions.

01/27/2026 Logistics
Read More
HB Tempcon Expands Global Biopharma Logistics with New International Route

HB Tempcon Expands Global Biopharma Logistics with New International Route

Haier Biomedical's HB TempCon reefer container has launched international routes, entering the global market and providing secure transportation for biopharmaceutical products, leading the industry's development. This expansion ensures temperature-sensitive biological materials are safely transported across borders, meeting the growing demand for reliable cold chain logistics in the biopharmaceutical sector. The move signifies Haier Biomedical's commitment to innovation and its ambition to become a key player in the global temperature-controlled transportation market.

01/27/2026 Logistics
Read More
Global Pet Toy Market Set for Expansion Key Trends Highlighted

Global Pet Toy Market Set for Expansion Key Trends Highlighted

The global pet toy market is booming and projected to reach a significant size by 2032. North America currently leads the market, while the Asia-Pacific region is experiencing rapid growth. Rubber toys are popular, and there is increasing demand for innovative interactive toys. To capitalize on opportunities and secure future success, companies need to deeply understand the market, focus on product innovation, build a strong brand image, and expand their sales channels.

01/27/2026 Logistics Industry Insights
Read More
Malaysian Durian Export Costs to China Rise by Sea and Air

Malaysian Durian Export Costs to China Rise by Sea and Air

This article provides an in-depth analysis of sea and air freight costs for transporting Malaysian durian to China. It details key factors influencing these costs, including volumetric weight, destination, seasonality, supply and demand dynamics, and exchange rate fluctuations. Furthermore, the article outlines other relevant expenses such as customs clearance fees, inspection and quarantine fees, and warehousing costs. This comprehensive cost reference assists importers in selecting the most cost-effective transportation solution.

01/26/2026 Logistics
Read More
Malaysian Shampoo Brands Expand Globally Via Custom Sea Freight

Malaysian Shampoo Brands Expand Globally Via Custom Sea Freight

The Malaysia shampoo sea freight service solution offers one-stop logistics, multimodal transportation, secure warehousing, and transparent pricing, helping Malaysian hair care products efficiently and conveniently expand into the international market. This solution aims to reduce transportation costs, enhance brand competitiveness, and meet the global consumer demand for high-quality hair care products. It provides a reliable and cost-effective way for Malaysian shampoo manufacturers to reach a wider audience and grow their business globally.

01/26/2026 Logistics
Read More