UPS Surcharges Strain Ecommerce Sellers Profits

UPS Surcharges Strain Ecommerce Sellers Profits

Facing soaring UPS shipping fees, how can cross-border e-commerce sellers respond? This article provides an in-depth analysis of UPS surcharges and offers a three-step approach: “Short-term Emergency Response - Mid-term Adjustment - Long-term Planning.” Through strategies like packaging optimization, off-peak shipping, and overseas warehouse integration, sellers can reduce surcharge costs by 30%-50%, improve profit margins, and build a resilient logistics system. This helps them stand out in a competitive market by mitigating risks associated with fluctuating shipping costs and optimizing their supply chain.

Bahamas Strengthens Customs Tariffs to Increase Revenue

Bahamas Strengthens Customs Tariffs to Increase Revenue

The World Customs Organization (WCO) held a national workshop in the Bahamas on the Harmonized System (HS) to enhance the Bahamas Customs' capacity in tariff classification. The workshop covered the theory and practice of HS coding, emphasizing the application of the General Rules for Interpretation and focusing on issues such as the classification of parts. Through talent development and the Mercator Program, it aims to facilitate trade in the Bahamas. The workshop also explored the relationship between HS code optimization and tax revenue growth from a data analysis perspective.