Kenco has acquired the 3PL business of Drexel Industries along with its four warehouse locations, enhancing its logistics network in North America. This acquisition will improve Kenco's service capabilities in Canada, providing clients with a wider range of logistics solutions and integrating 100 employees from Drexel.
To enhance the reliability of the Canada (CAE) service, a comprehensive revision of the route rotation and schedule has been implemented. The new route optimizes port sequence, reduces transit times, and provides more accurate estimated arrival and departure times. The maiden voyage vessel is CMA CGM PARANAGUA 532W, expected to arrive in Antwerp on August 7th. This upgrade aims to provide customers with more reliable and efficient logistics services.
The North American e-commerce market is dominated by a few key players, with Amazon holding a strong leading position. The European market, however, exhibits more diversity, with vertical platforms like Shein performing well. Analysts suggest that regional platforms need to focus on in-depth localization strategies to build competitive advantages through differentiated product selection and services. Localized innovation in key areas such as logistics and payment methods is crucial for breaking through in highly concentrated markets. This localized approach allows them to cater to specific regional needs and preferences.
Premium Guard has launched a large distribution center in West Virginia, optimizing its North American logistics network. This strategic move aims to enhance customer service, improve operational efficiency, and accelerate product delivery to both the US and Canada. The new facility will streamline the supply chain for automotive parts, allowing for faster and more reliable distribution. By strategically locating the distribution center, Premium Guard is poised to strengthen its market position and better serve its growing customer base.
The National Electrical Manufacturers Association (NEMA) is urging stronger enforcement of the United States-Mexico-Canada Agreement (USMCA) to address surging electricity demand and increased global competition. NEMA emphasizes USMCA's crucial role in securing North American electricity supply chains and promoting U.S. manufacturing. They are urging the USTR to swiftly complete the review and update of USMCA, eliminating trade barriers and combating fraudulent practices. Strengthening USMCA is vital for ensuring a level playing field and fostering economic growth within the region's electrical manufacturing sector.
Zibuyu, a leading cross-border e-commerce company in Zhejiang specializing in footwear and apparel, is preparing for its IPO. Despite being ranked first in GMV for footwear and apparel in the North American market, it faces the challenge of a high return rate. The return amount reached 140 million yuan in 2021 and surged to 340 million yuan in the first half of 2022. High return rates are a common issue in the fashion e-commerce industry. Zibuyu needs to effectively reduce its return rate and improve profitability to maintain its leading position in the competitive market.
Autong Cross-border focuses on North American FBA first leg logistics, providing dedicated line services, overseas warehousing, and supply chain solutions. With a strong performance in the North American market, Autong is a reliable choice for businesses seeking efficient and dependable logistics support to Amazon's fulfillment centers. They offer comprehensive solutions to streamline the process of getting your products to FBA warehouses in North America, ensuring timely delivery and optimized supply chain management.
Pinduoduo's Temu has expanded into Canada, signaling a further expansion of its North American e-commerce strategy. Having achieved significant success in the US market with its extreme cost-effectiveness, Temu's move into Canada could reshape the North American e-commerce landscape. How giants like Amazon and SHEIN will respond to Temu's challenge, and how Temu and SHEIN will differentiate themselves, are key focuses of market attention. This expansion signifies a growing competition within the North American online retail sector.
This article details how to effectively leverage ThomasNet, a long-established North American industrial sourcing platform, for customer acquisition. It outlines a three-step process: precise searching, refined filtering, and proactive contacting, to help B2B companies identify target customers and expand into the North American market. The article also shares ThomasNet platform usage tips and suggests further reading on B2B cross-border e-commerce, aiming to empower businesses to succeed in the North American market. It provides practical guidance for generating leads and building relationships within the industrial sector.
American Airlines and Porter Airlines are planning to establish a code-sharing agreement to enhance connectivity between the two countries and popular vacation destinations. This collaboration aims to provide travelers with more convenient options, which will contribute to increased market competitiveness and improved service quality.
