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Manufacturing Surge Masks Service Sector Weakness as Economy Diverges

Manufacturing activity accelerated to its strongest pace since 2021, marking a sharp contrast with sluggish performance in the services sector, according to latest economic data. This divergence highlights a bifurcated recovery across different segments of the economy. Air cargo carriers are expanding capacity in response to heightened international demand. Emirates SkyCargo announced increased freighter frequencies and new service destinations across East and Southeast Asia, including Tokyo, Hong Kong and Taiwan. Consolidation activity continues in North American logistics, with firms including AmeriLux Transportation, ANDY Corp. and Imperative Logistics completing recent acquisitions. Charter service providers have entered the market to address supply chain volatility and network gaps.