Chinas Manufacturing Cost Edge Fades Amid Global Labor Shifts

Chinas Manufacturing Cost Edge Fades Amid Global Labor Shifts

Research from the Reshoring Institute indicates that China is no longer the lowest labor cost country due to global supply chain shifts. The study compares labor costs across 13 countries, providing a benchmark for companies adjusting their global supply chain strategies. This helps businesses to more effectively manage costs and optimize their supply chain operations. The findings offer valuable insights for companies seeking to reshape their supply chains in response to evolving global economic conditions and to make informed decisions regarding manufacturing locations.

01/16/2026 Logistics Industry Insights
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LTL Shipping Costsaving Option for Small Businesses

LTL Shipping Costsaving Option for Small Businesses

Less-Than-Truckload (LTL) shipping offers a cost-effective solution for shipments that don't fill an entire truck. Ideal for loads under 12 pallets, LTL consolidates goods from multiple customers, sharing transportation costs. This reduces expenses and enhances logistical flexibility, making it particularly beneficial for small and medium-sized businesses. LTL allows companies to ship smaller quantities without the need to pay for a full truckload, optimizing their supply chain and controlling freight costs. It also provides access to a wider network of carriers and destinations.

09/28/2025 Logistics Encyclopedia
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Exporters Urged to Avoid Tax Rebate Calculation Errors

Exporters Urged to Avoid Tax Rebate Calculation Errors

This article provides an in-depth analysis of export tax rebate calculation methods, emphasizing the use of tax-exclusive FOB value as the basis, avoiding the common mistake of calculating based on tax-inclusive amounts or customs declaration amounts. For C&F and CIF trade terms, it clarifies the handling of freight and insurance costs. The aim is to help export companies accurately grasp tax rebate policies, comply with regulations, and reduce export costs. This ensures correct rebate applications and avoids potential financial penalties.

09/26/2025 Customs Knowledge
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