UPS's second-quarter earnings report revealed a revenue drop to $21.2 billion, a 2.7% year-over-year decline, with a basic earnings per share of $1.55, falling short of expectations. Operating profit also decreased by 6.3%. Pressure on performance has been attributed to market conditions and a decrease in Amazon orders, prompting UPS to seek new growth opportunities to address these challenges.
In December, the shipping industry saw significant increases in shipment volume and freight rates due to the arrival of the year-end peak season. Factors such as suppliers working overtime, the depreciation of the yuan boosting profits, and falling oil prices stimulated the market. However, participants remain cautious about the industry's outlook for next year, as shipping companies continue to incur losses and structural issues persist, necessitating further observation of the overall situation.
Malaysia Airlines will increase its flights from Kuala Lumpur to Kunming and Xi'an, China, starting next year, offering three direct flights a week to Kunming and two to Xi'an. The airline plans to invest 700 million Malaysian Ringgit to improve aircraft facilities, aiming to enhance passenger flying experiences and strengthen its competitiveness in the Chinese market.
The peak season for cross-border e-commerce is showing signs of recovery, with some sellers experiencing increased sales and order volumes starting in November. Following Halloween, categories like autumn wreaths, wool sheets, electric blankets, insulated cups, and Christmas decorations have seen significant sales growth. Sellers should seize this opportunity by actively stocking up, adjusting strategies, and preparing for the sales peak. Focusing on trending products and optimizing listings will be crucial for maximizing profits during this period.
This article analyzes the rise of Chinese sellers on the Amazon platform, noting their market share has rebounded to historical highs. It highlights the crucial role of China's robust supply chain and industrial belts in their success. The article explores trends such as consumption inversion, the rise of B2C models, and factory transformations, indicating the significant position of Chinese sellers in the global e-commerce market. These factors contribute to their competitive advantage and continued growth within the Amazon ecosystem.
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.
This article provides a comprehensive guide for Chinese merchants looking to join Target's marketplace in the US. It covers essential prerequisites such as business qualifications, product compliance, and brand market preparation. Furthermore, it details the specific application process, including key steps and important considerations. This guide aims to help Chinese businesses successfully expand into the American market through Target's platform.
Cathay Pacific reported a 6.3% year-on-year increase in cargo volume for June, primarily driven by tariff extensions and growing demand from Southeast Asia to the Americas. Total tonnage for the first six months increased by 11.3%. Chief Commercial Officer Lavinia Lau stated the airline will continue to monitor market uncertainties. This data sends a positive signal to the air cargo market, suggesting it may be adapting to the new trade landscape.
Nanchang Changbei International Airport welcomed its first batch of all-cargo charter flights after the New Year, with the customs providing efficient clearance to promote international trade development. Since its launch, several cargo planes have been monitored, and the total volume of import and export goods has reached 1,725 tons, injecting new momentum into Jiangxi's open economy.
Amazon abruptly announced the termination of its Authorized Brand program for third-party sellers, impacting thousands of Chinese vendors and leaving them with hundreds of millions in inventory facing clearance pressure. Sellers invested significant resources in qualification processes, but now face inventory pile-ups and decreased traffic due to the program's cancellation. Sellers are appealing to Amazon to retain sales links, grant advertising permissions, and extend the sales period to seek reasonable solutions and mitigate losses from the sudden program closure.
