pound to dollar exchange News

Ozon Delays Seller Account Migration Amid Operational Focus

Attention OZON sellers! Due to numerous issues with account migration, OZON has temporarily suspended the process and extended the free migration period to July 1st. Sellers are advised not to rush the migration. Wait for further instructions from the platform, focus on managing your existing stores, and prepare for the future migration. We will continue to monitor the situation and provide detailed operational guidelines. This pause aims to ensure a smoother transition and address current problems before proceeding with the account migration process.

01/05/2026 Logistics

Small Businesses Gain Edge with Personalized Holiday Shopping

An ActiveCampaign study reveals that 84% of consumers plan to shop at small businesses during the holiday season, with nearly 60% willing to pay more for their products. Gen Z and Baby Boomers show a stronger preference for small businesses. However, trust and convenience remain challenges. Personalized experiences and social media marketing are crucial for small businesses to enhance their competitiveness during this period. They need to leverage these strategies to attract and retain customers in the face of larger competitors.

01/05/2026 Logistics Industry Insights

Canada Post Workers Threaten Strike As Supply Chain Woes Grow

Canada Post faces renewed challenges due to a labor dispute. A nationwide overtime ban has caused a sharp decline in parcel volume, highlighting supply chain vulnerabilities. Businesses should adopt diversified logistics strategies to reduce reliance on a single channel. Canada Post needs to actively negotiate with the union to improve operational efficiency and build a more resilient logistics ecosystem. The current situation underscores the need for proactive risk management and alternative delivery solutions to mitigate disruptions and ensure business continuity.

01/08/2026 Logistics

Trade War Uncertainty Weighs on Global Freight Growth

US-led trade frictions are creating uncertainty in the global freight economy, leading to lowered growth expectations. Increased tariffs raise costs, and declining consumer confidence could trigger a recession. Businesses need to strengthen risk management, adjust strategies, and leverage data analytics to navigate these challenges. The trade war's impact on supply chains and consumer demand necessitates a proactive approach to mitigate potential losses and adapt to the evolving global economic landscape. Careful monitoring and flexible planning are crucial for survival and potential growth.

01/07/2026 Logistics Industry Insights

Amazon Boosts Holiday Hiring Amid Retail Strategy Shift

Amazon is hiring 150,000 new employees for the holiday season, while also adjusting its return policies and inventory management rules to adapt to market changes and prepare for the peak season. This move reflects Amazon's optimistic sales expectations and presents both opportunities and challenges for sellers. Sellers need to closely monitor market trends, strengthen cooperation with the platform, and focus on brand building to stand out in the competition. Success hinges on adapting to the evolving landscape and leveraging the holiday season's potential.