Major Ecommerce Firms Compete in Growing Secondhand Market

Major Ecommerce Firms Compete in Growing Secondhand Market

E-commerce giants are increasingly investing in the secondhand market, signaling the rise of sustainable consumption. eBay is reshaping its core business, and fast-fashion brands like SHEIN and Zara are also entering the space. The markets for secondhand apparel, sneakers, and furniture show significant potential, but profitability remains a challenge. Cross-border sellers should seize this opportunity by selecting appropriate product categories, establishing reliable supply chains, providing professional services, and embracing sustainable development principles. The secondhand market presents a promising avenue for growth within the evolving e-commerce landscape.

New York New Jersey Ports Enforce Revised Container Fee to Reduce Congestion

New York New Jersey Ports Enforce Revised Container Fee to Reduce Congestion

The Port of New York and New Jersey has implemented a revised container dwell fee policy to mitigate port congestion by balancing import and export container volumes and reducing empty container accumulation. The new regulations detail fee structures, empty container evacuation ratios, and utilize algorithms to customize fees based on carrier circumstances. This aims to improve port operational efficiency and ensure a smooth supply chain by incentivizing timely container movement and discouraging prolonged storage. The policy is designed to address the ongoing challenges of port congestion and optimize container flow.