US and China Strike Tentative Deal on Tiktoks Future

US and China Strike Tentative Deal on Tiktoks Future

The Ministry of Commerce announced a preliminary framework agreement between China and the US regarding TikTok's US operations. This involves establishing a new joint venture responsible for data security and content management, while ByteDance retains control over commercial operations. China urges the US to provide a fair business environment and promote the stable development of China-US economic and trade relations. This move aims to address US concerns about data security while allowing TikTok to continue operating in the US market under a restructured framework.

01/15/2026 Customs Knowledge
Read More
Chinese Brands Shein Pop Mart Gain Popularity in Paris Over Holidays

Chinese Brands Shein Pop Mart Gain Popularity in Paris Over Holidays

Chinese brands Shein and Pop Mart achieved significant success in the French Christmas season, revealing new opportunities for cross-border e-commerce. This analysis examines the success factors behind Shein's affordable fashion strategy and Pop Mart's trendy toy crossover marketing, emphasizing the importance of cost-effectiveness, contextualized marketing, social media communication, and strategic positioning in prime commercial areas. It provides valuable insights for Chinese cross-border e-commerce companies seeking to expand into overseas markets, highlighting key strategies for success in the competitive French market.

01/15/2026 Logistics Industry Insights
Read More
Shopee Raises Fees for Crossborder Sellers Amid Challenges

Shopee Raises Fees for Crossborder Sellers Amid Challenges

Shopee will levy a 5% technology fee in Singapore, Malaysia, Thailand, and Vietnam, impacting cross-border e-commerce seller profits. Sellers should adopt strategies such as diversifying across multiple platforms, building brand awareness, optimizing operational models, specializing in niche categories, establishing independent websites, and leveraging technology to address rising costs and achieve sustainable growth. This fee significantly reduces profitability and necessitates proactive adaptation from sellers operating within these Southeast Asian markets. The new regulations pose a challenge but also an opportunity for innovation and strategic adjustments.

01/15/2026 Logistics Industry Insights
Read More
United Group Hunan University Partner on Smart Logistics Training

United Group Hunan University Partner on Smart Logistics Training

Lianyu Group and Hunan International Economics University are jointly building a university-enterprise cooperation base to create a new model for smart logistics talent cultivation. This will be achieved through proactive talent development, promotion of industry-academia integration, and construction of talent pipelines. The two parties will engage in in-depth cooperation focusing on "enterprise entering the classroom and students entering projects," realizing resource sharing and jointly building a highland for smart logistics talent. The goal is to deliver high-quality talents to the industry.

01/15/2026 Logistics
Read More
Customs Agencies Adopt Virtual Classrooms to Boost Training

Customs Agencies Adopt Virtual Classrooms to Boost Training

The pandemic has presented challenges to customs personnel training. Live virtual classrooms have become crucial for overcoming these difficulties. This paper emphasizes that customs organizations should actively embrace change, drawing on WCO guidelines. By carefully designing courses, strengthening interaction, and leveraging technology, they can create effective virtual classrooms, enhance personnel capabilities, and drive customs modernization. Ultimately, this promotes trade facilitation and national security. The focus is on adapting to the new normal and utilizing virtual platforms for continuous learning and development within customs administrations.

01/19/2026 Customs Knowledge
Read More
Postbrexit Supply Chains Adapt for Efficiency Resilience

Postbrexit Supply Chains Adapt for Efficiency Resilience

Post-Brexit, businesses face significant supply chain challenges. This paper proposes strategies to help companies efficiently navigate the new trade landscape and achieve sustained growth, including optimizing customs costs, accelerating cargo transport, strengthening risk management, and embracing digital transformation. Data-driven decision-making is crucial. Businesses should leverage data to optimize processes, predict risks, and gain a competitive edge in the market. The focus is on adapting to the evolving customs and trade regulations to minimize disruptions and maximize efficiency within the supply chain.

01/19/2026 Logistics Industry Insights
Read More
XPO Logistics Nears Completion of GXO Spinoff With SEC Filing

XPO Logistics Nears Completion of GXO Spinoff With SEC Filing

XPO Logistics filed a Form 10 registration statement with the SEC, signaling the countdown to the listing of its spin-off logistics business, GXO Logistics. GXO will focus on contract logistics, leveraging technological innovation to provide efficient supply chain services. XPO will concentrate on its transportation business, solidifying its industry leadership. The spin-off is expected to be completed in the third quarter, creating new development opportunities for both companies. This strategic move allows each entity to pursue focused growth strategies in their respective sectors.

01/19/2026 Logistics
Read More
Sri Lankan Rupee Weakens to X Against US Dollar replace X with the Latest Rate Eg 123 If the Article Specifies It Alternative If Rate Is Not Highlighted sri Lankas Currency Hits New Low Versus US Dollar Both Adhere to Journal

Sri Lankan Rupee Weakens to X Against US Dollar replace X with the Latest Rate Eg 123 If the Article Specifies It Alternative If Rate Is Not Highlighted sri Lankas Currency Hits New Low Versus US Dollar Both Adhere to Journal

The latest exchange rate for 100 Sri Lankan Rupees (LKR) is 0.332541 US Dollars (USD), with 1 LKR approximately equal to 0.00332541 USD and 1 USD approximately equal to 300.715 LKR. This information serves as an important reference for currency exchange, and investors and travelers should pay attention to fluctuations in the exchange rate.

08/10/2025 Exchange Rate Query
Read More
Freight Forwarders Guide to Handling Equipment Receipt Expirations

Freight Forwarders Guide to Handling Equipment Receipt Expirations

This article is designed for novice freight forwarders, providing a detailed explanation of the concept and calculation methods of the Equipment Interchange Receipt (Release Order) validity period. It offers practical advice to help freight forwarders avoid errors caused by expired release orders and improve work efficiency. The guide covers key aspects of managing release orders effectively, ensuring smooth equipment handover and preventing potential delays or complications in the shipping process. It aims to empower new freight forwarders with the knowledge and skills necessary to handle release orders with confidence and competence.

08/23/2025 Logistics Encyclopedia
Read More
Kimberley Airport Streamlines Air Freight and Customs Processes

Kimberley Airport Streamlines Air Freight and Customs Processes

Struggling with Kimberley Airport (YQE) code and customs clearance? This article provides detailed information about Kimberley Airport's three-letter code, location, time zone, and exclusive clearance details. Relying on robust data support and a professional technical team, West Bank Freight has created a world-leading airport three-letter code query system to help you easily handle various air freight challenges. Take action now and start your new chapter in air transportation! It helps you find the IATA code and guides you through the air freight clearance process at Kimberley Airport.

09/29/2025 Airport Codes
Read More