In the second quarter of 2023, the U.S. industrial real estate market demonstrated stable resilience with a net absorption of approximately 29.9 million square feet. The demand growth was driven by new logistics products, despite rising vacancy rates and consolidation pressures in some regions. By 2025, new supply is expected to exceed absorption, while absorption is projected to surpass supply by 2027.
Forward warehouses, a new format in instant retail, are reshaping community commerce by catering to consumers' personalized and immediate needs. This model, supported by e-commerce platforms, offers a wide range of products and flexible operations, providing a convenient shopping experience for consumers and new opportunities for entrepreneurs. Platforms like Ele.me are launching support programs to help develop convenience warehouses.
Russian e-commerce giant Wildberries has launched a summer promotion offering free home delivery to new and long-inactive users, aiming to attract new customers and improve service experience. Previously, Wildberries has implemented several logistics innovations, such as 24-hour free delivery and free home delivery for oversized items. This initiative is expected to enhance its competitiveness in the Russian e-commerce market.
The launch of Shopee entry assistant lowers the barrier for new sellers, but increased commissions and deposit policies raise operating costs. This article analyzes the challenges and opportunities facing both new and established sellers, emphasizing the importance of data-driven operations. It provides advice for sellers to enter the market rationally and operate with precision, leveraging data insights for optimal performance and profitability.
New regulations from the UK tax authority require UK companies to provide a UTR for tax returns. Failure to do so will prevent filing. This article details the definition of UTR, the UK corporate tax system, VAT refund mechanisms, and the use cases and application methods for UTR. It also offers recommendations for businesses to adapt to the new regulations.
Tim Hotze, Senior Vice President of Target, shared the company's supply chain strategies at the SMC3 Connections conference, addressing uncertainties in global trade and tariffs. His insights included diversifying global sourcing, adopting flexible manufacturing strategies, and integrating transportation planning with product design, highlighting how to maintain competitiveness amidst changes.
A commercial invoice is an essential document in international trade that includes key information such as the country of origin, supplier and consignee details, and product descriptions to ensure compliance with customs requirements. Accurately completing a commercial invoice helps improve customs clearance efficiency and facilitates smooth international transactions.
This article provides an in-depth analysis of the tax rates, regulatory requirements, and declaration elements associated with flake aluminum powder (HS Code 7603200000). Its purpose is to assist businesses in understanding the relevant information regarding this product in international trade and to optimize import and export decisions.
This article analyzes the concept and processing flow of 'split bill customs declaration' in international trade. Split declaration is usually employed when there are numerous product names, different suppliers, or significant variations in cargo types. Furthermore, it is essential for goods requiring inspection or subject to varying regulatory conditions.
In today's rapidly changing global economy, businesses require more agile supply chains. This paper explores how combining air freight with multimodal transportation can help companies mitigate tariff risks, accelerate product launches, and avoid stockout crises, ultimately enhancing market competitiveness. Learn more strategies by downloading our free e-guide.
