Logistics costs for enterprises in our country are high, accounting for approximately 20%-40% of sales revenue. Addressing charges and enhancing transparency can help reduce these costs.
US imports hit a record high in October, indicating sufficient stockpiling for the holiday season, but supply chain bottlenecks persist. Energy imports surged, industrial goods saw steady growth, while healthcare and consumer staples imports declined. Companies need to diversify supply chains, plan ahead, optimize inventory, strengthen collaboration, and embrace digitalization to address these challenges. Future supply chain hurdles are expected to continue, requiring businesses to prepare for the long term. This proactive approach is crucial for navigating the evolving global trade landscape.
The US Services PMI hit a record high of 64 in May, signaling a robust economic recovery. All 18 industries reported growth, driven by pent-up demand. However, supply chain bottlenecks, labor shortages, and inflationary pressures pose significant challenges. Experts anticipate a potential pullback in the future, but overall demand remains strong. Policymakers should focus on addressing structural issues to ensure sustainable growth. The strong PMI indicates a vibrant services sector, but the underlying constraints need careful monitoring to avoid hindering long-term economic progress.
Recently, SF Express Same City launched a recruitment campaign for freight city agents to enhance four-wheeled transport capacity and meet merchant demands. The company offers unlimited order commissions and abundant resource support to assist partners' development. It also introduced favorable policies to help truck drivers achieve flexible employment.
The Ministry of Commerce and the General Administration of Customs jointly announced that export license management will be implemented for certain steel products starting January 1, 2026. This measure aims to regulate steel export trade, improve product quality, and maintain international trade order. Exporters will be required to provide export contracts and quality certificates when applying for licenses. The implementation of the new regulations will promote the healthy development of the industry.
TikTok Shop Malaysia will implement new rules to restrict low-quality product promotion videos. Creators who post more than five 'non-interactive' videos with product links within seven consecutive days will face restrictions on the number of videos with shopping links they can publish for seven days. This measure aims to improve the platform's content quality and encourage creators to produce more creative and engaging content.
Logistics Management Magazine has released the results of its 29th Annual Quest for Quality Awards, recognizing 127 companies for outstanding service. This award is a key benchmark for customer satisfaction in the logistics industry. Readers rate carriers, 3PLs, and ports on service quality, considering critical aspects such as on-time delivery, value, information technology, and customer service. The awards ultimately identify top performers in each category, showcasing those excelling in meeting and exceeding customer expectations within the logistics sector.
The 40th Annual Quest for Quality Awards by Logistics Management magazine recognized 142 companies for outstanding service. Based on customer evaluations, the awards cover various sectors including transportation, 3PL, and ports. Key performance indicators assessed include on-time delivery, value, and information technology. This award aims to encourage excellence within the logistics industry and foster a collaborative and mutually beneficial new era for logistics.
High-speed railway express has emerged as a new logistics method since the route from Shenzhen North to Changsha South commenced, transporting 15 tons of goods daily and reducing costs by over 25% compared to air transport. Despite challenges such as limited loading capacity and heavy transportation demands, the potential and prospects for high-speed railway express remain promising, potentially offering new growth opportunities for the express industry in the future.
Customs clearance fees are a crucial aspect of international trade, encompassing various costs such as import duties, taxes, and customs agent fees. Understanding these expenses helps optimize import and export operations while avoiding unnecessary costs. Additionally, duty exemption policies in different countries can facilitate the import of low-value goods.
