pandemic lockdown News

Banggood Cuts Jobs Amid Crossborder Ecommerce Challenges

The 'standby employment' incident involving some employees at Banggood in Guangzhou reflects the challenges facing the cross-border e-commerce industry. External factors such as the pandemic, geopolitical risks, and high inflation, coupled with internal pressures like tightened platform policies and rising logistics costs, have led to business difficulties. Cross-border e-commerce companies need to actively transform and upgrade through refined operations, diversified channel expansion, technological innovation, and compliant operations to survive and thrive in the fierce market competition.

01/16/2026 Logistics Industry Insights

WCO WTO Partner on Tech to Boost Crossborder Ecommerce

A joint WCO-WTO Public Forum session highlighted the crucial role of disruptive technologies and e-commerce in post-pandemic trade recovery. The meeting explored topics such as e-commerce, public-private partnerships, and data applications. It emphasized the importance of technological innovation and data-driven approaches in customs modernization, and looked ahead to future trends in global trade. The discussions underscored how these elements are vital for streamlining processes, enhancing efficiency, and fostering sustainable growth in the evolving international trade landscape.

01/16/2026 Customs Knowledge

Aviation Industry Faces Slow Recovery Amid Economic Challenges

The global air transport industry is gradually recovering after the impact of the pandemic, facing challenges such as passenger traffic losses, cargo resilience, regional recovery disparities, and geopolitical influences impacting fuel costs. Moving forward, the industry needs to address these challenges, seize opportunities, and achieve sustainable development. The recovery is uneven across different regions, with some areas experiencing faster growth than others. The industry must adapt to these regional differences and tailor its strategies accordingly to ensure a balanced and sustainable recovery.

01/16/2026 Logistics Industry Insights

US Summer Travel Trends Top Destinations Revealed

American travelers show strong enthusiasm for international travel, with capacity restored to pre-pandemic levels. Africa, the Middle East, and Latin America are experiencing significant growth, while the European market remains robust. Asia's recovery lags behind. Turkey, Iceland, Greece, and Portugal are highly sought-after destinations. New routes are opening, enhancing connectivity. Low-cost airlines contribute to growth in Latin America, driven by strong demand for visiting friends and relatives. The overall trend indicates a resurgence in international travel for American tourists.

01/16/2026 Logistics Industry Insights

Postpandemic Logistics Supply Chains Adapt to New Challenges

In the post-pandemic era, the logistics industry faces infrastructure upgrades, postal service pressures, and volatile challenges. Digital transformation, building flexible supply chains, enhancing resilience, and promoting sustainable development are key to breaking through. Embrace opportunities and welcome the golden age of intelligent and green logistics. The industry needs to adapt to changing demands and leverage technology to optimize operations and improve efficiency. This includes investing in automation, data analytics, and cloud-based solutions to create a more agile and responsive supply chain.

01/15/2026 Logistics

Green Shipping Faces Supply Chain Hurdles Amid Sustainability Push

Carbon emissions from air freight pose a challenge to supply chain sustainability. FedEx's emission reduction targets were impacted by e-commerce growth and the pandemic. Companies need to re-evaluate their supply chains, reducing reliance on air transport, optimizing routes, and embracing multimodal transport and near-sourcing. Policy incentives and technological innovations like sustainable aviation fuel and electric aircraft offer future hope. Businesses should view sustainability as a strategic investment, achieving a win-win for both economic and environmental benefits.