Banggood Implements Layoffs Pay Cuts Amid Financial Struggles

Banggood Implements Layoffs Pay Cuts Amid Financial Struggles

Guangzhou's major cross-border e-commerce seller, Banggood, recently faced a "bankruptcy" rumor, which the company denied. However, layoffs and salary reductions have triggered strong dissatisfaction among employees. Issues like performance reforms, welfare cuts, and disguised layoffs reveal the difficulties and challenges faced by the cross-border e-commerce industry during its transformation. This situation raises profound reflections on corporate social responsibility and the protection of employee rights within the industry.

01/06/2026 Logistics Industry Insights
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APM Terminals Expands Multimodal Reach with Panama Canal Railway Buy

APM Terminals Expands Multimodal Reach with Panama Canal Railway Buy

Maersk's APM Terminals acquired Panama Canal Railway Company (PCRC) to strengthen its intermodal capabilities. PCRC, a vital land bridge connecting the Atlantic and Pacific Oceans, significantly enhances APM Terminals' global supply chain strategy. This acquisition aims to improve cargo transfer efficiency, reduce transportation costs, and further solidify Maersk's position as a leading integrated logistics provider. The PCRC will play a key role in streamlining operations and optimizing connectivity across the Panama Canal region.

11/03/2025 Logistics
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Amazon Sellers Face Buy Box Losses Key Causes and Fixes

Amazon Sellers Face Buy Box Losses Key Causes and Fixes

Losing the Amazon Buy Box is a common issue for sellers. This article delves into five major reasons: unauthorized sellers, excessive price increases, out-of-stock situations, numerous negative reviews, and frequent Listing modifications. Corresponding strategies are provided to help sellers maintain their sales position and avoid losses caused by Buy Box loss. The analysis aims to equip sellers with the knowledge to proactively address these challenges and secure their presence on Amazon's competitive marketplace.

01/04/2026 Logistics Encyclopedia
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UPS Teamsters Clash Over Parttime Pay As Strike Looms

UPS Teamsters Clash Over Parttime Pay As Strike Looms

Negotiations between UPS and the labor union have stalled, raising the possibility of a strike. The union is demanding increased wages and benefits for part-time workers, while UPS is emphasizing cost concerns. A potential strike could disrupt supply chains and negatively impact the economy. The key sticking point remains the compensation package for part-time employees, who form a significant portion of UPS's workforce. Both sides face pressure to reach a resolution to avoid widespread disruptions to package delivery services.

11/03/2025 Logistics
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