66% of logistics pros say talent quality — not cost — is the #1 factor in choosing a nearshore partner. Rapido's integration model explains why that's the right question to be asking.
Plus, a carrier pleading guilty to mob money laundering while still FMCSA-active, Iran's first post-ceasefire attack and what it means for diesel surcharges, FedEx Freight's first earnings as a standalone company, and more in today's newsletter.
Freight brokers are measuring their inboxes wrong. Most inbound email is monitoring, not work. And the longtail categories that look like noise are costing real margin. Here's how to audit what's actually in your inbox, and why it matters in 2026's margin-first market.
Beijing warns economists to avoid discussing negative economic outlook after post-COVID recovery fizzles. FDI drops by $100 billion.
The Chinese government is cautioning economists against discussing deflation and decelerating economic growth, the Financial Times reveals. As foreign investment declines and China struggles to attain the rapid recovery it hoped for post-COVID, such directives have been passed down to economists, analysts, and researchers.
Key indicators show a concerning picture: a disappointing second-quarter growth, zero consumer price inflation in July, a surge in youth unemployment to 21%, and a staggering $100 billion drop in foreign direct investment in the initial quarter of 2023. Beijing recognizes these challenges but hasn't launched a significant stimulus initiative many experts deem necessary.
Source: Financial Times
3 - China's Q2 economic growth stands at 0.8%, a sharp fall from Q1's 2.2%. The current growth rate, equivalent to 3.2% annually, reflects one of the weakest periods in decades. Measures to stimulate demand are anticipated to be gradual in effect. #GDP #EconomicIndicators
— Victor-SQ (@victor5874u) August 8, 2023
Plus, C.H. Robinson's 2026 rate forecast update, Hormuz tankers still stuck, a $1M LEGO heist, and more.
Plus: Tennessee under CDL status review, UPS & USPS scaling back, Flexport warning on tariff volatility.
August PMI shows manufacturing still contracting. Production plummets to lowest level since May 2020 as demand weakens and inventories rise. But there may be relief moving into the holiday season.
The U.S. manufacturing sector faces contraction with a PMI of 48.7 in May 2024, while manufacturing construction hits a record high. What's up with these mixed signals?
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