Zhiou Tech Leads Home Furnishings Exports with 81B Revenue

Zhiou Tech Leads Home Furnishings Exports with 81B Revenue

Songmics, a leading home furnishing exporter, achieved a revenue of 8.124 billion yuan in 2024, a 33.74% year-on-year increase. Its success lies in its deep cultivation of the European and American markets, differentiated product strategies, and the expansion of online and offline channels. Chinese home furnishing companies face both opportunities and challenges when going global. They need to pay attention to intellectual property rights, brand building, logistics optimization, and compliant operations to achieve sustainable development.

01/23/2026 Logistics Industry Insights
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US Tariffs Strain Chinese Ecommerce Sellers

US Tariffs Strain Chinese Ecommerce Sellers

The US ending its de minimis exemption for small parcels from China impacts 1.36 billion packages, hitting cross-border e-commerce sellers hard. American consumers face higher prices, and retailers are forced to suspend shipments. Platforms like Temu are adjusting strategies, focusing on localized operations. Cross-border e-commerce businesses need to diversify, improve product quality, and optimize supply chains to navigate these challenges and survive. This policy shift necessitates a strategic overhaul for businesses reliant on direct-to-consumer exports to the US.

12/30/2025 Logistics Industry Insights
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Mexico Gains Supply Chain Clout Amid North American Trade Shifts

Mexico Gains Supply Chain Clout Amid North American Trade Shifts

Mexico's exports to the US have reached record highs due to US tariffs on China, positioning it as a central hub in North American supply chain restructuring. The USMCA agreement guarantees zero-tariff advantages, fostering industrial upgrading. Mexico is evolving from a 'trade haven' to a core node in the industrial chain with R&D, manufacturing, and integration capabilities. This transformation has profound implications for the global trade landscape, demonstrating Mexico's increasing importance in international commerce and its ability to capitalize on shifting global economic dynamics.

01/27/2026 Customs Knowledge
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Chinese Beer Gains Dominance in Russian Market

Chinese Beer Gains Dominance in Russian Market

In August of this year, China's beer exports to Russia reached record highs in both value and volume, making Russia the largest importer of Chinese beer. Chinese beer quickly filled the market space left by the withdrawal of international beer giants, leveraging its production capacity, product diversity, and price advantages. Convenient logistics channels like the China-Europe Railway Express and local currency settlement also contributed. The high growth trend is expected to continue in the short term, but potential risks need to be monitored.

01/27/2026 Logistics Industry Insights
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Guide to Sbank Plc Partners and SWIFT Codes

Guide to Sbank Plc Partners and SWIFT Codes

This article provides the SWIFT codes and address information for various branches of S-bank Plc in Finland, aiding you in making international remittances smoothly. If your agent bank is not listed, you can still use the SWIFT code of S-bank's headquarters to facilitate your transactions.

08/25/2025 International Settlement
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Coscos Hamburg Terminal Stake to Transform European Logistics

Coscos Hamburg Terminal Stake to Transform European Logistics

COSCO Shipping Ports acquired a 35% stake in Hamburger Hafen und Logistik AG (HHLA)'s Container Terminal Tollerort (CTT) in Hamburg. This investment aims to strengthen cooperation with HHLA, improve terminal operational efficiency, and establish COSCO Shipping's "preferred hub" in Europe. The acquisition is expected to solidify the Port of Hamburg's position as a key logistics hub in Europe and further promote the development of trade between China and Europe. The partnership seeks to optimize operations and enhance Hamburg's role in global supply chains.

02/11/2026 Port Encyclopedia
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Portland Port Becomes Vital West Coast Logistics and Auto Hub

Portland Port Becomes Vital West Coast Logistics and Auto Hub

The Port of Portland is a key port on the U.S. West Coast, handling over 11 million tons of cargo annually, with a strong emphasis on automotive logistics. In the future, the port will continue to enhance its sustainability efforts, achieving a win-win for both the economy and the environment, thereby driving regional economic development.

08/05/2025 Port Encyclopedia
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Afcfta Study Finds Origin Rule Gaps in Textiles Auto Sectors

Afcfta Study Finds Origin Rule Gaps in Textiles Auto Sectors

The EU-World Customs Organization Rules of Origin Africa Programme released a report comparing rules of origin for the textile and automotive industries. The report reveals the impact of different rules on trade, industrial layout, and value chains. It provides a reference for policymakers and businesses, contributing to African regional economic development. The analysis highlights key differences and their consequences for sourcing strategies, production location, and overall competitiveness within the African context. This research aims to inform better policy decisions and promote sustainable economic growth in the region.

01/26/2026 Customs Knowledge
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US Rail Freight Declines in August As Auto Shipments Rise

US Rail Freight Declines in August As Auto Shipments Rise

US rail freight volume declined year-over-year in August 2023, with automotive growth being a bright spot. However, grain and coal shipments experienced significant drops. Intermodal volumes also remained sluggish. Experts attribute this primarily to a weak industrial economy. Year-to-date figures present a mixed picture, with rail freight volume remaining relatively flat and intermodal volume declining significantly. The rail industry faces economic uncertainty and competitive pressures in the future, but also opportunities from infrastructure investment and sustainable development initiatives.

02/11/2026 Logistics
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US Rail Freight Volumes Drop Sharply Amid Coal Auto Slump

US Rail Freight Volumes Drop Sharply Amid Coal Auto Slump

According to the Association of American Railroads, U.S. rail freight and intermodal traffic declined year-over-year in June. Industries like coal and automotive were severely impacted, with energy transition and the pandemic being major contributing factors. Experts suggest that recovery is accelerating, but challenges remain. Careful attention to economic trends and informed decision-making are crucial for navigating the path forward. The decline highlights the complex interplay between economic activity, evolving energy policies, and ongoing disruptions.

01/20/2026 Logistics
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