Globalegrow Founder Probed As Crossborder Ecommerce Faces Debt Crisis

Globalegrow Founder Probed As Crossborder Ecommerce Faces Debt Crisis

Globalegrow's founder, Xu Jiadong, is under investigation, reportedly due to economic disputes with the company's actual controller, Yang Jianxin. This has drawn attention from suppliers, some of whom claim Globalegrow owes them money and have encountered unclear accounting practices. The investigation is ongoing, and further developments are awaited. The situation highlights potential financial challenges within the cross-border e-commerce company and raises concerns about its relationships with its suppliers and internal financial management.

ATA Forecasts Steady Trucking Industry Growth Through 2035

ATA Forecasts Steady Trucking Industry Growth Through 2035

The American Trucking Associations forecasts that truck freight volume will reach 13.99 billion tons by 2035, accounting for 76.8% of the freight market share, with revenue projected to increase to $1.46 trillion. Trucking remains the dominant force, while other modes of transportation are also actively developing. This forecast provides a valuable reference for industry leaders and policymakers, highlighting the continued importance of trucking in the overall freight landscape and informing strategic decisions.

Global Air Cargo Faces Stricter ULD Size Compliance Rules

Global Air Cargo Faces Stricter ULD Size Compliance Rules

This article provides an in-depth analysis of the latest dimension compliance standards for international air freight palletization. It details ULD types and size restrictions, key compliance testing standards, additional testing standards for special cargo, and the executing bodies and processes for compliance testing. The aim is to help freight forwarders and shippers avoid risks and ensure the safe and efficient transportation of goods. This includes understanding the implications of non-compliance and best practices for ensuring shipments meet all required dimensional regulations.

WCO and OASIS Collaborate to Standardize Global Trade Tech

WCO and OASIS Collaborate to Standardize Global Trade Tech

The World Customs Organization (WCO) and the Organization for the Advancement of Structured Information Standards (OASIS) signed a Memorandum of Understanding to promote the adoption of technical standards by governments and the public sector worldwide, particularly in customs. This collaboration aims to streamline customs procedures and enhance trade efficiency using open IT technologies, ultimately building a secure and efficient supply chain. This signifies the dawn of a new era in trade driven by technical standards, fostering greater interoperability and transparency in global commerce.

Improved Export Standards for Agricultural Products in Zhenhai A Key Role for New Customs Service Model

Improved Export Standards for Agricultural Products in Zhenhai A Key Role for New Customs Service Model

Zhenhai's agricultural product exports have seen significant growth supported by efficient customs services. By establishing liaisons and offering one-on-one guidance, customs helped companies enhance management and ensure product quality. Additionally, timely information support has provided businesses with the means to navigate international trade regulations, boosting export performance.

07/23/2025 Logistics
Read More
Chattanooga Airport Boosts Regional Economy with Dual-Runway Operations

Chattanooga Airport Boosts Regional Economy with Dual-Runway Operations

Chattanooga Metropolitan Airport, located in Hamilton County, Tennessee, serves as a vital civil aviation hub in the region. Covering 950 acres, it features two runways to accommodate various flight operations. In the past year, the airport recorded 55,497 flight operations, with general aviation accounting for 54%. It supports both military and commercial flights, acting as a critical node in air traffic. Major carriers include United Airlines and Delta Air Lines, providing convenient service experiences for travelers.

07/29/2025 Logistics
Read More
Ebay Sellers Guide How to Navigate Fees for Higher Profits

Ebay Sellers Guide How to Navigate Fees for Higher Profits

This article analyzes the structure of eBay fees, including listing fees, final value fees, and store subscription fees. It provides cost accounting formulas and techniques to reduce these fees. The aim is to help sellers accurately calculate their costs, identify areas for improvement, and ultimately maximize their profit margins on the eBay platform. By understanding and managing eBay fees effectively, sellers can significantly improve their bottom line and achieve greater financial success in their online business.

New System Simplifies Air Cargo Financial Settlements

New System Simplifies Air Cargo Financial Settlements

CASS (Cargo Account Settlement Systems) is an IATA-designed settlement system for the air cargo industry. It simplifies accounting processes between airlines and freight forwarders through centralized settlement, electronic billing, and a neutral platform, reducing costs and improving efficiency. Becoming a CASS member offers numerous benefits. In the future, CASS will become more intelligent and automated, providing better services to the global air cargo industry. It streamlines financial transactions, ensuring accuracy and speed in a complex global network.

Amazon Sellers Optimize FBA Shipping and Inventory

Amazon Sellers Optimize FBA Shipping and Inventory

This article delves into the rules and considerations of Amazon's FBA fulfillment program, emphasizing the general recommendation against splitting shipments. It offers advice on logistics choices and tracking for self-fulfilled sellers. The article elaborates on three key aspects of FBA fulfillment: shipping time, cost accounting, and replenishment strategies. It also addresses how to handle discrepancies between planned and actual shipment quantities. The aim is to help sellers optimize their fulfillment strategies and reduce operational risks by understanding these critical elements of FBA.

12/31/2025 Logistics
Read More
Freight Forwarders Gain Efficiency with Iatas Cargo System

Freight Forwarders Gain Efficiency with Iatas Cargo System

This article delves into the IATA CASS (Cargo Account Settlement System), explaining how it streamlines the accounting settlement process between airlines and freight forwarders, improving efficiency and reducing costs. It also details the application process, required documents, and benefits of becoming an IATA-accredited freight forwarder. The aim is to help freight forwarding companies better leverage the IATA platform and expand their global business operations. This includes understanding the requirements for maintaining accreditation and utilizing CASS for efficient financial transactions.

12/30/2025 Logistics
Read More