The U.S. Energy Information Administration (EIA) reported that the average U.S. diesel price fell to $4.498 per gallon for the week ending October 9th, marking the second decrease in three weeks. Diesel prices are influenced by various factors, and their stability is crucial for controlling inflation and ensuring smooth logistics. The future trend remains uncertain, requiring close monitoring of market dynamics.
Panjiva data indicates seasonal growth in the US economy, but concerns of a 'double-dip' recession are heightened by energy prices, high unemployment, and global economic uncertainty. Businesses should closely monitor market dynamics, optimize supply chains, control costs, flexibly adjust inventory, and actively seek new growth opportunities to navigate the uncertain economic environment. Proactive adaptation and strategic planning are crucial for mitigating risks and capitalizing on emerging opportunities amidst these challenging conditions.
Despite ongoing global supply chain challenges, US imports have surprisingly increased. The report indicates that proactive inventory building by retailers, robust consumer demand, and supply chain diversification have collectively driven this growth. However, geopolitical risks like the Red Sea crisis remain a threat. The sustainability of this import growth hinges on effectively managing uncertainties and capitalizing on opportunities presented by technological advancements. The ability to adapt and innovate will be crucial for maintaining positive import trends in the future.
U.S. import volume is projected to remain high due to concerns about potential strikes at East Coast and Gulf Coast ports. Retailers are front-loading shipments and diverting to alternative ports. A genuine negotiation between labor and management is crucial to avoid disruptions. A strike would negatively impact the supply chain and the economy. July imports increased by 21% year-over-year, and August is expected to reach its highest level since May 2022. Full-year import volume is projected to grow by 12.3%.
According to the Intermodal Association of North America, U.S. intermodal activity started the fourth quarter strong, with total volume up 8.9% year-over-year. Surging West Coast imports and consumer spending were key drivers. International standard container growth was significant, while trailer volumes declined. International volumes are expected to remain robust, and tightening truck capacity could benefit intermodal.
September data for the US intermodal market indicates a narrowing decline, with strong performance in domestic container business and a reduced drop in international container volumes, suggesting a potential market recovery. However, challenges such as economic weakness, high inventory levels, and increased competition persist, making the road to recovery a long and arduous one.
The US is considering imposing tariffs on several countries, citing Greenland as justification, potentially impacting 60% of westbound air cargo. This poses challenges for cross-border e-commerce, including increased costs and heightened competition. The British Logistics Association urges caution, warning against destabilizing global supply chains. Sellers need to prepare for these potential changes. The proposed tariffs could significantly disrupt international trade flows and force businesses to adapt their strategies to mitigate the impact of increased import duties and potential retaliatory measures.
The U.S.'s new 'Section 301 Vessel Fee' poses a challenge for cross-border sellers. VIOMALL, a cross-border distribution platform, leverages its local supply chain advantages to offer millions of U.S. warehouse-ready products and one-click listing & drop-shipping services. This helps sellers overcome high shipping costs and customs risks, enabling asset-light operations and stable profits. By providing access to readily available inventory within the US, VIOMALL empowers sellers to maintain competitive pricing and efficient delivery, mitigating the impact of the new fee.
A US federal court ruled that works created entirely autonomously by artificial intelligence are currently ineligible for US copyright protection. The ruling emphasizes human creativity as key for copyright protection, while leaving room for future discussion on AI-involved creation. It raises questions about the degree of human involvement, originality of the work, and how to incentivize AI creation. This decision highlights the ongoing debate about the intersection of AI and copyright law in an evolving technological landscape.
This article provides Amazon sellers with a practical guide to US patent searching. It details the types of patent infringement, the search process at the United States Patent and Trademark Office (USPTO), and how to leverage intellectual property for both offensive and defensive strategies. The aim is to help sellers mitigate infringement risks and operate safely on the Amazon platform. This guide empowers sellers to proactively identify and address potential patent issues, ensuring compliance and protecting their business interests.
