YTO Express Q3 2024 Financial Report: Net Profit Increases 10.21% Year-over-year, International Strategy Accelerates

YTO Express Q3 2024 Financial Report: Net Profit Increases 10.21% Year-over-year, International Strategy Accelerates

YTO Express released its third quarter financial report, showing a revenue of 49.369 billion yuan and a net profit of 2.93 billion yuan for the first three quarters, reflecting year-on-year growth. The company will continue to optimize its digital and intelligent development, actively promote its international strategy, increase its aviation business layout, enhance market competitiveness, and commit to expanding its global business and growth potential.

12/12/2024 Logistics
Read More
Crowley Maritime Acquires PRFS to Boost Caribbean Operations

Crowley Maritime Acquires PRFS to Boost Caribbean Operations

Crowley Maritime acquired PRFS to expand its Caribbean market share and optimize less-than-truckload (LTL) shipping services. This acquisition will enhance its market competitiveness, improve logistics efficiency, and provide customers with more flexible transportation solutions. It is expected to have a significant impact on the Caribbean shipping market landscape.

02/03/2026 Logistics
Read More
Nordstrom Adopts pack and Hold to Mitigate Supply Chain Risks

Nordstrom Adopts pack and Hold to Mitigate Supply Chain Risks

Nordstrom is addressing ongoing supply chain disruptions by increasing its “Pack and Hold” inventory strategy. This approach aims to secure the supply of key goods and enhance sales capabilities. This article analyzes the historical origins and associated risks of this strategy. From a data analyst's perspective, it explores how to optimize “Pack and Hold,” emphasizing the crucial role of data analysis in supply chain management to navigate increasing uncertainty. The analysis highlights the importance of data-driven decision-making in mitigating risks and improving the effectiveness of this inventory strategy.

01/19/2026 Logistics Industry Insights
Read More
Ocean Freight Faces VGM Weight and Billing Challenges

Ocean Freight Faces VGM Weight and Billing Challenges

This article explores the acceptable tolerance for weight discrepancies in Ocean Freight VGM (Verified Gross Mass) and issues related to Bill of Lading (B/L) amendments. A VGM error within one ton is generally acceptable, but attention should be paid to potential customs clearance problems arising from discrepancies between the B/L weight and the actual weight. B/L amendments incur different fees depending on whether they occur before or after arrival at the port of destination. Understanding the relevant procedures is helpful for handling unforeseen circumstances.

08/22/2025 Logistics Encyclopedia
Read More
Crossborder Ecommerce Simplifies Shipping with Taxinclusive Model

Crossborder Ecommerce Simplifies Shipping with Taxinclusive Model

This article delves into the "DDP (Delivered Duty Paid)" model in international logistics, explaining its definition, advantages, applicable scope, and precautions. By simplifying processes, clarifying costs, improving efficiency, and providing guarantees, DDP offers a more convenient option for cross-border e-commerce. Choosing the right logistics service provider and paying attention to relevant matters are crucial to ensuring the safe and efficient arrival of goods at their destination. It highlights the benefits of all-inclusive pricing and streamlined customs clearance within the international shipping context.

11/03/2025 Logistics Encyclopedia
Read More
Importers Face Challenges With Bonded Goods Deferred Duties

Importers Face Challenges With Bonded Goods Deferred Duties

Bonded goods refer to imported commodities for which customs duties are temporarily not paid and are required to be stored in a bonded warehouse under customs supervision. This system provides enterprises with financial flexibility, simplifies trade processes, and ensures the safety of goods. During the bonded period, goods can also undergo simple processing, repackaging, and re-export trade, promoting international trade development. This allows businesses to defer duty payments until the goods are actually released into the domestic market, improving cash flow and competitiveness.

11/03/2025 Customs Knowledge
Read More
Amazon Revamps Seller Rating System Key Changes Explained

Amazon Revamps Seller Rating System Key Changes Explained

Amazon's fall Prime Day is approaching, and Prime Exclusive Discounts now require a fee, demanding seller flexibility. Simultaneously, Amazon is testing removing product ratings from search pages, sparking debate about conversion rates and opportunities for new products. Sellers should focus on product quality, optimize product detail pages, acquire genuine reviews, and operate compliantly to adapt to platform changes. This includes understanding the impact of paid Prime discounts and the potential shift in consumer behavior due to the absence of visible ratings in search results.

01/04/2026 Logistics Industry Insights
Read More
Facebook Strategies Boost Ecommerce Website Traffic

Facebook Strategies Boost Ecommerce Website Traffic

This article explores how to leverage Facebook to drive traffic to independent foreign trade websites. It analyzes both paid advertising and organic marketing strategies, emphasizing the importance of content quality and a long-term approach. By focusing on precise targeting, high-quality content, and consistent engagement, it helps foreign trade businesses build a brand presence on Facebook, attract potential customers, and ultimately achieve sales conversions. The key is to understand the platform's algorithm and tailor content to resonate with the target audience for optimal results.

01/04/2026 Logistics Encyclopedia
Read More