Exploring Key Elements of the New Customs Declaration: The Significance of Consignors and Production Sales Units

Exploring Key Elements of the New Customs Declaration: The Significance of Consignors and Production Sales Units

In the new customs declaration form, the definitions and reporting requirements for consignees, consignors, and production and sales units are crucial. The consignee and consignor must be legally registered entities, ensuring they are party to the foreign contract. In special cases, the contract executing entity must be specified. The production and sales unit must report the organization that actually participates in the production or sale of goods to ensure accurate information.

07/21/2025 Customs Knowledge
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The Pros and Cons of Freight Apps: The Phenomenon of Low Freight Rates Amid Market Transformation

The Pros and Cons of Freight Apps: The Phenomenon of Low Freight Rates Amid Market Transformation

This article analyzes the rise of freight apps in the logistics market and their impact on pricing, drivers, and companies. While freight apps provide convenience for users, they have not fundamentally addressed the issue of excess capacity leading to falling prices. Additionally, businesses and logistics companies still prefer to collaborate with familiar partners, and the role of information departments has not been replaced by apps.

07/18/2025 Logistics
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Amazon Top Seller Packable Files for Bankruptcy

Amazon Top Seller Packable Files for Bankruptcy

Top Amazon seller Packable is on the verge of bankruptcy due to failed financing, laying off over 20% of its workforce. Over-reliance on the Amazon platform, the fading pandemic dividend, a capital winter, and a strategic error of prioritizing expansion over profits are the main reasons for its downfall. This case serves as a warning to cross-border e-commerce sellers, highlighting the need for diversified channels, improved profitability, and optimized operating models. They need to focus on building sustainable businesses rather than chasing rapid growth.

12/30/2025 Logistics Industry Insights
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Port Everglades Struggles As Postpandemic Trade Slows

Port Everglades Struggles As Postpandemic Trade Slows

Everglades Port container volume decreased by 14% year-over-year in August, marking the sixth consecutive month of decline, reflecting the trend of trade normalization in the post-pandemic era. Contributing factors include the global economic slowdown, easing supply chain bottlenecks, increased competition, and changing consumer demand. The port needs to address these challenges through diversified operations, improved efficiency, strengthened partnerships, and proactive marketing strategies. This decline highlights the evolving landscape of global trade and the need for ports to adapt to maintain competitiveness.

01/16/2026 Logistics
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Prologis Report Signals Industrial Real Estate Market Recovery

Prologis Report Signals Industrial Real Estate Market Recovery

The Prologis IBI report indicates a gradual recovery of industrial real estate market activity to pre-pandemic levels, driven by e-commerce growth, supply chain diversification, and manufacturing reshoring. Technological innovation is also fueling industry development. While regional recovery varies, the overall trend is positive. The report highlights the resilience of the sector and its ability to adapt to evolving economic conditions, suggesting continued growth potential despite ongoing global uncertainties. This resurgence underscores the critical role of industrial spaces in supporting modern commerce and supply chains.

01/19/2026 Logistics Industry Insights
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WCO Reviews Kyoto Convention to Address Global Trade Challenges

WCO Reviews Kyoto Convention to Address Global Trade Challenges

The 24th Session of the Revised Kyoto Convention (RKC) Management Committee focused on advancing a comprehensive review of the RKC. The meeting assessed the alignment of proposals with the Convention and existing tools to address new global trade challenges such as the pandemic, information technology, e-commerce, and supply chain security. Emphasis was placed on inclusivity, welcoming Liberia, Turkmenistan, and Uzbekistan as new contracting parties. This collective effort contributes to global trade facilitation and security, ensuring the RKC remains relevant and effective in the modern trading environment.

01/22/2026 Customs Knowledge
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US Ecommerce Returns Cut Into Retailer Profits

US Ecommerce Returns Cut Into Retailer Profits

US e-commerce faces a high return rate challenge, with returns projected to reach $279 billion this year, far exceeding pre-pandemic levels. Inflation and changing consumer behavior are major contributors. This high return rate erodes profits, requiring sellers to optimize product information, strengthen customer service, implement flexible return policies, and collaborate with logistics partners. Utilizing data analytics to predict return peaks is crucial to address this challenge.

12/31/2025 Logistics Industry Insights
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Casual Dresses Transform British Celebration Fashion Trends

Casual Dresses Transform British Celebration Fashion Trends

In the post-pandemic era, UK consumers are shifting towards casual attire for celebratory occasions, leading to the rising popularity of casual dresses. A GlobalData survey reveals that 50% of consumers prefer casual wear. Retailers like Reiss and ASOS are adapting to this trend by launching hybrid-style clothing. Amidst the pressure of the cost of living crisis, affordable fast-fashion brands such as Shein are gaining traction, further fueling the growth of the casual dress market. This shift reflects a broader move towards comfort and practicality in fashion choices.

01/04/2026 Logistics Industry Insights
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