Lexin Reports Resilient Q1 Growth Amid New Consumer Finance Standards

Lexin Reports Resilient Q1 Growth Amid New Consumer Finance Standards

Lexin's Q1 financial report was impacted by new accounting standards and the pandemic, putting pressure on book profits. However, financial service revenue grew strongly, and the user base continued to expand. The company actively embraces a new consumer platform strategy, seeking growth points through innovative businesses such as Leka, and strengthening risk control by connecting to the central bank's credit reporting system. Lexin is navigating through uncertainties, demonstrating the potential for steady growth. The strong financial service revenue and user base expansion are key indicators of this potential.

02/11/2026 Logistics Industry Insights
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US Dockworkers Resist Automation in Contract Talks

US Dockworkers Resist Automation in Contract Talks

The International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) have resumed labor negotiations to avert a potential strike that could cripple major ports along the US East and Gulf Coasts. The central point of contention is port automation, with the ILA fearing job losses and the USMX emphasizing its importance for enhancing port competitiveness. Both parties need to find a balance between automation, job security, and port competitiveness to maintain supply chain stability. The outcome of these negotiations will significantly impact the future of port operations and the flow of goods.

01/27/2026 Logistics
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China Prioritizes Employment to Stabilize Economy Amid Pressures

China Prioritizes Employment to Stabilize Economy Amid Pressures

The central government issued the "Opinions on Implementing the Employment-First Strategy and Promoting High-Quality and Full Employment," aiming to improve labor remuneration, enhance rights protection, and improve the situation of workers. The document analyzes issues such as excessive overtime, insufficient layoff compensation, and wage stagnation. It calls for multi-party collaboration to establish a fair, just, healthy, and safe employment environment, ensuring policy implementation and enhancing the well-being of workers. This initiative seeks to address key challenges and promote a more equitable and fulfilling work experience for all.

01/27/2026 Logistics Industry Insights
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Japans Real Wages Fall Sharply As Inflation Persists

Japans Real Wages Fall Sharply As Inflation Persists

Japan's real wages plummeted in November, marking the largest drop this year, highlighting the continued erosion of household purchasing power under inflationary pressure. The Bank of Japan faces a dilemma between raising interest rates and stimulating the economy, making the spring wage negotiations crucial. Experts suggest that the government, businesses, and the central bank should work together through flexible monetary policy, proactive fiscal policy, and structural reforms to address the challenges and achieve sustainable economic growth. The collaborative effort is seen as essential to navigate the current economic complexities.

01/30/2026 Exchange Rate Query
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JD Logistics Expands Hiring to Fuel Growth Strategy

JD Logistics Expands Hiring to Fuel Growth Strategy

JD Logistics is hiring for three key positions: Warehouse Operations Manager (Guangdong), Solutions Expert (Beijing), and Sorting Center Reserve Leader (Fujian). The Warehouse Operations Manager will be responsible for implementing efficiency strategies and standardizing processes. The Solutions Expert will design logistics solutions for central state-owned enterprise clients. The Sorting Center Reserve Leader will manage daily operations and improve efficiency at the sorting center. JD Logistics welcomes you to join us and create the future together. We are looking for talented individuals to contribute to our growing logistics network.

02/03/2026 Warehousing
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Daysun Logistics Expands Bonded Zone Transit for Supply Chains

Daysun Logistics Expands Bonded Zone Transit for Supply Chains

Dashun Logistics introduces a new bonded zone international transit model, responding to policy initiatives and helping businesses navigate international supply chain challenges. Through flexible bonded warehousing, efficient customs clearance services, and various transit operation modes, Dashun Logistics provides customers with safe, efficient, and convenient international transit solutions, facilitating smooth global trade. This new model aims to optimize international logistics flows and reduce costs for businesses engaged in cross-border trade, making the process more streamlined and competitive.

07/25/2025 Logistics
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Guide to Export Tax Refunds for Businesses

Guide to Export Tax Refunds for Businesses

This article provides a detailed interpretation of the export tax rebate process for foreign trade, covering five key steps: online application for verification and write-off forms, IC card acquisition, verification and write-off form filing, customs declaration, and the tax rebate process itself. Furthermore, it introduces the calculation methods for export tax rebate amounts under various circumstances and lists the necessary business documents required, aiming to help foreign trade enterprises successfully obtain their tax rebates.

08/21/2025 Customs Knowledge
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Global Shipping Challenges Avoiding Freight Forwarding Pitfalls

Global Shipping Challenges Avoiding Freight Forwarding Pitfalls

This article delves into common issues and corresponding strategies within the foreign trade consolidation process, including delayed customs release, cargo dampness, and inconsistent freight forwarder service quality. It emphasizes the importance of real-time vessel tracking, enhanced cargo inspection, and selecting reputable freight forwarders. The aim is to help foreign trade companies mitigate consolidation risks and ensure cargo safety. By addressing these key areas, businesses can minimize potential disruptions and protect their valuable shipments throughout the entire shipping process.

08/22/2025 Logistics Encyclopedia
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Shipping Lines Face Rising Demurrage Fees Causes and Solutions

Shipping Lines Face Rising Demurrage Fees Causes and Solutions

This article provides a detailed overview of the reasons behind reshipment fees charged by shipping companies, identifies potential shipping companies that may levy these fees, outlines payment locations, and suggests effective strategies to avoid incurring them. The aim is to assist foreign trade enterprises in understanding and effectively addressing reshipment fee issues, thereby reducing export costs. It covers the origin, responsible parties, payment process, and preventative measures related to this fee within the context of foreign trade.

08/22/2025 Logistics Encyclopedia
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Guide to Container Essentials for Freight Forwarders

Guide to Container Essentials for Freight Forwarders

This article provides a comprehensive analysis of container knowledge in the field of foreign trade freight forwarding. It covers common container specifications, nicknames, weights, related terminology, and operational procedures. From dimensions and volumes to specialized terms, it helps you gain a deep understanding of the world of containers and enhance your professional capabilities in foreign trade freight forwarding. It aims to improve your understanding of container types, sizes, and the terminology used when dealing with containerized cargo.

08/22/2025 Logistics Encyclopedia
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