US Service Sector Expands in September Amid Economic Concerns

US Service Sector Expands in September Amid Economic Concerns

The US Services PMI reached 54.9 in September, a 12-month high, signaling economic expansion. However, the employment index declined, and inflationary pressures remain a concern. Experts are closely monitoring the retail sector's recovery and the potential impact of port strikes. The situation presents both opportunities and challenges for the US economy. The strong PMI reading suggests resilience, but sustained inflation and labor market uncertainties require careful attention.

Global Trade Risks Rise As Shipping Mishaps Surge

Global Trade Risks Rise As Shipping Mishaps Surge

In international trade transportation, issues like short loading, misallocation, and container rollover frequently occur, often leading to cost disputes. This article analyzes the differences and impacts of these situations, clarifies the rules for cost allocation, and proposes strategies for foreign trade enterprises to prevent risks and protect their rights. It aims to help businesses develop steadily in a complex market environment by providing insights into managing these logistical challenges and mitigating potential financial losses associated with them.

Amazon Sellers Boost Sales With Strategic Product Selection

Amazon Sellers Boost Sales With Strategic Product Selection

Amazon sellers often face sales bottlenecks not due to operational issues, but flawed product selection strategies. This article emphasizes the importance of product selection, advocating for choosing categories with large market capacity and learning differentiated selection strategies. Through case studies, it demonstrates the actual results of optimized product selection strategies, such as reduced advertising ACOS and doubled order volume. It highlights that product selection is the cornerstone of success on Amazon, suggesting a strategic shift towards identifying and capitalizing on untapped market potential.

Customs Data Discrepancies Challenge Global Trade Accuracy

Customs Data Discrepancies Challenge Global Trade Accuracy

Discrepancies between customs declaration data and actual packing are common challenges in foreign trade exports. This paper addresses this issue by proposing solutions such as emphasizing early estimation, establishing a comprehensive packing process, and communicating promptly with customs brokers. The aim is to help foreign trade companies skillfully mitigate risks and successfully complete exports while maintaining compliance.

Guide to Recovering Unpaid Export Goods

Guide to Recovering Unpaid Export Goods

This article focuses on the return of exported goods due to unsettled payments. It details the operational procedures and precautions, including ensuring ownership, notifying the shipowner, seeking cooperation from the consignee, and estimating the costs after the goods are returned to the country. The aim is to help exporters minimize losses in such situations. It covers practical aspects of handling returned shipments and mitigating financial risks associated with non-payment in international trade.

Export Clearance Challenges Highlight Unconventional Trade Practices

Export Clearance Challenges Highlight Unconventional Trade Practices

This paper delves into the operational modes and potential risks of grey operations in export trade, such as buying customs declarations, commercial inspection clearance, 'package container', 'package warehouse', and 'green channel'. It aims to help companies understand industry secrets, avoid risks, and achieve compliant operations. The analysis provides insights into these practices, highlighting the vulnerabilities and legal implications associated with them, ultimately advocating for ethical and transparent trade practices to mitigate potential financial and reputational damage.