In June, the Logistics Manager Index (LMI) significantly rose to 60.7, marking a strong recovery in the logistics sector. The report highlights improvements in inventory levels and changes in transportation and warehousing capacities. However, it also warns of uncertainties in market demand for the second half of the year, which could impact future economic and logistics trends.
Recent data shows that container freight rates from Shanghai to Europe and the Mediterranean rose by 27.2% and 23.5% within a week, with increases of 170% and 203% compared to the same period last year. The box shortage and demand recovery are the main driving factors, which may impact the global trade landscape in the future.
The Global Trade Health Index reveals a significant drop in order volumes in the European market, impacted by the energy crisis and inflation. While the US market is less affected, retail orders are also decreasing, leading to substantial inventory pressure. The potential for recovery during the holiday season remains uncertain, requiring close monitoring of market dynamics.
This article provides an in-depth analysis of the current situation of international small package delivery competitiveness in 2025. It examines the advantages and disadvantages of DHL, SF Express, and China Post regarding delivery speed, costs, and customs clearance strategies, showcasing the diversified needs and choices in the logistics market. The trade-offs between speed and cost across different channels offer diverse logistics solutions for cross-border e-commerce.
This article provides a detailed explanation of the SWIFT/BIC code BPPIITRRXXX for Poste Italiane (Italian Post Office Bank), outlining its usage scenarios and key considerations. It emphasizes the importance of verifying the specific branch code when making cross-border money transfers to ensure funds accurately reach the recipient's account, preventing potential delays or failures. Accurate SWIFT code information is crucial for successful international transactions involving Poste Italiane.
This article provides a detailed analysis of the various business processes following the declaration of air freight export customs clearance in Beijing, including release, inspection, amendment, return to warehouse, document issuance, and post-clearance modification. It offers operational guidelines for both paper-based and paperless declarations to help you efficiently complete export customs clearance. The guide covers key aspects ensuring smooth and compliant export operations through Beijing airport.
At the fourth "Green Postal Day," the International Post Corporation (IPC) highlighted that global postal companies are actively responding to the demand for sustainable delivery services by adopting electric vehicles and renewable energy sources, focusing on carbon reduction and environmental protection. Since 2008, carbon dioxide emissions have been reduced by 34%, with future goals aimed at increasing the proportion of alternative fuel vehicles to support greener trunk transportation.
This article explores six major challenges faced by China's cross-border e-commerce logistics, including high shipping costs, lengthy delivery times, lack of full tracking for packages, high rates of lost or damaged items, difficulties in post-sale rights protection, and products being detained by customs. It suggests that companies can improve these issues by optimizing product design and enhancing customer communication, thereby increasing operational efficiency and customer satisfaction.
A WCO assessment report highlights challenges faced by Ethiopia's Post Clearance Audit (PCA). Recommendations include strengthening legal frameworks, improving risk management practices, and enhancing IT infrastructure. These improvements aim to increase the efficiency of customs control and facilitate trade. Addressing these areas is crucial for Ethiopia to optimize its customs operations and contribute to regional and global trade competitiveness. Successful implementation will require sustained commitment and strategic resource allocation.
The World Customs Organization (WCO) conducted a post-clearance audit diagnostic in Sierra Leone to enhance the country's tax revenue supervision capabilities. Through in-depth research and expert recommendations, the WCO tailored an improvement plan for Sierra Leone, covering legal regulations, risk management, information technology, personnel training, and departmental collaboration. This initiative not only improved Sierra Leone's customs audit level but also provided valuable insights for global customs supervision.
