Lunar New Year Disrupts Global Supply Chains Raises Costs

Lunar New Year Disrupts Global Supply Chains Raises Costs

A global survey indicates that the Chinese New Year holiday is expected to further disrupt supply chains, leading to extended transit times, container shortages, and increased costs. Businesses should proactively plan, diversify sourcing, optimize inventory, strengthen communication, and adapt flexibly to address these challenges. A potential decrease in Asian production might offer a temporary respite for shipping. Companies should actively respond to these dynamics, turning potential crises into opportunities by implementing resilient strategies and proactive measures to mitigate risks and maintain operational efficiency.

E2open Named Leader in Global Trade Management by IDC

E2open Named Leader in Global Trade Management by IDC

E2open has been recognized as a Leader in the IDC MarketScape for Worldwide Trade Management Applications. The company offers comprehensive trade compliance automation solutions, including customs filing and self-filing capabilities, backed by one of the world's most comprehensive trade content libraries. Download the IDC MarketScape report to learn how E2open helps businesses succeed in global trade.

Climate Change Supply Chain Disruptions Cause Global Potato Shortage

Climate Change Supply Chain Disruptions Cause Global Potato Shortage

Lamb Weston faces rising production costs and supply chain challenges due to climate change-induced potato crop failures. This article analyzes the impact of climate change on the food industry and explores how businesses and consumers can respond. It highlights the importance of climate risk management, supply chain resilience, and sustainable development practices to mitigate the effects of climate change on food production and availability. Companies need to adapt to ensure continued access to resources and consumers need to be aware of the impact of their choices.

Shopify Payments Waives Fees to Boost Global Ecommerce Sales

Shopify Payments Waives Fees to Boost Global Ecommerce Sales

Shopify Payments is Shopify's official payment gateway, streamlining payment collection and waiving third-party transaction fees. Chinese merchants typically need to register an overseas company and obtain a local bank account to activate it. This article provides the conventional activation method and introduces a special channel for quick activation by providing domestic information, helping merchants reduce costs and expand into overseas markets. This alternative method offers a faster and potentially more accessible route for Chinese businesses to leverage Shopify Payments.

WCO Updates Single Window Rules to Boost Global Trade

WCO Updates Single Window Rules to Boost Global Trade

The WCO has updated its Single Window Guidelines to streamline processes, support capacity building in member countries, and accelerate trade facilitation. The updated guidelines aim to provide practical guidance for implementing and optimizing Single Window systems. The WCO encourages stakeholders to contribute ideas and best practices to further enhance the guidelines and promote global trade prosperity. This initiative underscores the WCO's commitment to simplifying cross-border trade and fostering a more efficient and transparent global trading environment.

Global Air Cargo Hubs and Routes Key Trends Unveiled

Global Air Cargo Hubs and Routes Key Trends Unveiled

This article provides a detailed analysis of the structure of international air cargo routes, including intercontinental trunk lines, regional feeder lines, and transit hub routes. It focuses on outlining major routes originating from China and popular destination countries, such as US-China, Asia-Europe, China-Japan-Korea, Southeast Asia, Australia-New Zealand, and Middle East transit routes. This information serves as a reference for businesses and individuals to select appropriate air freight solutions.

Courier Vs Postal Services Key Differences for Global Shipping

Courier Vs Postal Services Key Differences for Global Shipping

This article provides an in-depth analysis of the applicable boundaries between commercial express and postal express in international shipping. Focusing on four key dimensions – cargo attributes, time sensitivity, customs clearance requirements, and cost budget – it offers precise matching techniques and a guide to avoid common pitfalls. The aim is to empower cross-border traders to select the optimal logistics solution for their specific needs, ensuring efficient and cost-effective international delivery.

Global Shipping Firms Tackle Rising Cargo Damage and Delays

Global Shipping Firms Tackle Rising Cargo Damage and Delays

This article, from a data analyst's perspective, delves into common risks in international maritime transport, such as cargo damage, loss, and delays. It provides a detailed overview of claim procedures, key evidence, and liability determination methods. Furthermore, it emphasizes the importance of risk prevention, including selecting reliable partners, ensuring compliant operations, obtaining adequate insurance coverage, and implementing end-to-end tracking. The aim is to help businesses effectively manage maritime risks and ensure smooth trade operations.

Global Air Cargo Sector Sees Growth with IATA Consulting

Global Air Cargo Sector Sees Growth with IATA Consulting

IATA Consultancy provides air cargo strategy and forecasting services, helping businesses gain market insights, optimize products, ensure compliance, and leverage data for growth. With authoritative data and a professional team, IATA offers accurate forecasts, benchmarking analysis, objective assessments, and compliance reviews. We provide a one-stop solution, empowering clients to excel in the competitive air cargo market. Our services enable informed decision-making, improved operational efficiency, and a stronger market position through strategic planning and proactive compliance management.

Global Aviation Ground Handling Workforce Gains IATA Training Standard

Global Aviation Ground Handling Workforce Gains IATA Training Standard

The IATA Ground Operations Training Passport enhances ground handling training, promoting global recognition of standards. This initiative aims to reduce costs, improve safety, and facilitate talent mobility and career development within the ground handling industry. By aligning training programs with IATA standards and providing a globally recognized credential, the passport ensures a consistent level of competence and facilitates the efficient movement of skilled personnel across borders. Ultimately, this contributes to a safer and more efficient ground handling operation worldwide.