The international air freight peak season runs from July to December each year, with a surge in demand and rising freight rates. Understanding the characteristics of the peak season and planning in advance is crucial for businesses to gain a competitive edge.
The Port of Virginia experienced a 16% year-over-year decrease in container volume in August, although it remains 12% higher than in 2019. Port officials attribute this to a return to pre-pandemic norms, but also acknowledge the impact of a global economic slowdown, inflation, and geopolitical risks. Moving forward, the port needs to strengthen its infrastructure, optimize operational processes, and expand its diversified business to address challenges and maintain competitiveness. The port's performance reflects broader trends affecting global supply chains and trade.
According to the Descartes Global Shipping Report, US imports in August decreased by 3% month-over-month but remained high, up 12.9% year-over-year, exceeding pre-pandemic levels. This high import volume exacerbates port congestion, with delays increasing at the seven major ports. Chinese imports remain a significant driver, growing by 17.2%. The report reveals a slight decrease in the West Coast ports' share and a general increase in port transportation delays. Addressing port congestion requires increased infrastructure investment, optimized operations, and improved inland transportation.
With Chinese New Year approaching, Amazon sellers need to stock up in advance to handle increased sales. Set up a vacation mode to address potential logistics challenges. Configure reminders to avoid missing order processing. By preparing these three things, sellers can ensure normal store operations during the holiday and capitalize on sales opportunities. Planning ahead is crucial for a successful Chinese New Year period on Amazon, allowing businesses to maintain customer satisfaction and maximize revenue.
The combination of adjusted tariff policies in the North American market and year-end logistics bottlenecks presents challenges for businesses. This report analyzes the impact of rising US shipping rates, stricter customs inspections, and new tariff policies in Canada and Mexico. Addressing year-end logistics characteristics, it offers recommendations including shipping strategies, compliant declarations, cost assessment, and advance planning. These suggestions aim to help businesses navigate the complexities and mitigate potential disruptions during this period.
Recently, the Paraguayan Guarani (PYG) has shown an upward trend against the US dollar (USD), with the latest data indicating 1 PYG = 0.000133345 USD. Over the past year, PYG has experienced significant fluctuations, with a low of 0.000124161 and a high of 0.00013569, reflecting the potential for economic recovery in Paraguay.
Schneider Electric has ranked first in Gartner's Top 25 Global Supply Chains for the third consecutive year, while NVIDIA climbed to second place. Schneider is driving a transformation strategy centered on artificial intelligence and closely linking sustainability with business outcomes, showcasing the future direction of supply chain management.
All Nippon Airways celebrates the 30th anniversary of opening its routes in Dalian, currently operating 24 passenger and 17 cargo routes, which promotes exchanges between China and Japan.
This article provides OZON sellers with an operational guide for the Spring Festival period. It focuses on utilizing OZON's vacation mode to flexibly manage store operations. The guide also covers how to ensure healthy store operation, improve product conversion rates, and reduce order cancellation rates through refined operational strategies, optimized logistics, and proactive communication during the holiday. Furthermore, it suggests sellers use the holiday to review past operations and prepare for OZON operations in 2023.
Amazon sellers are currently experiencing a sudden drop in FBA capacity, coinciding with the crucial period for stocking up for the Chinese New Year, leaving them unable to ship goods normally. High FBA fees contrast sharply with inefficient warehousing services, leading to widespread complaints. Amazon should prioritize its relationship with sellers, improve supply chain management capabilities, and avoid making sellers pay for platform inefficiencies. Sellers should also actively seek alternative solutions, optimize inventory management, and communicate proactively with Amazon to jointly address the challenges.
