The first cold chain transport train in the Yangtze River Delta commenced operations on July 18, 2023, focusing on fresh products like frozen meat. The travel time has been reduced to 38 hours, with costs lowered by 20%. This train will run on a regular weekly schedule and plans to expand to multiple cities nationwide, promoting the development of a cold chain railway transportation network.
Declining sales in some Amazon categories reflect a trend of consumption downgrade. Lower US consumer savings rates and rising Engel's coefficients are leading to reduced spending on non-essential goods. Cross-border e-commerce sellers should address these challenges through product innovation, supply chain optimization, brand building, refined operations, and diversified channels. Crucially, controlling costs is paramount to adapt to the new normal of consumption downgrade.
This article introduces how to use SellerSpirit to track and optimize Amazon Advertising, improving efficiency. It covers data monitoring, report analysis, keyword tracking, and competitor research strategies. By leveraging SellerSpirit's features, sellers can gain valuable insights into their advertising performance, identify high-performing keywords, and understand competitor strategies. This leads to better ad targeting, reduced advertising costs, and ultimately, increased sales and profitability on Amazon.
Significant changes may be coming to Amazon's warehousing policies, potentially ushering in an era of paid storage! Sellers face multiple pressures including reduced storage capacity and increased operating costs. Strategic adjustments are crucial, such as shortening product lines, focusing on high-quality, best-selling items, and optimizing operational details. Only by adapting to these changes can sellers survive in the competitive market and achieve significant sales growth.
Saudi Arabia, in collaboration with the WCO, hosted a workshop to enhance advance ruling capabilities among MENA customs administrations. The workshop aimed to promote trade facilitation by highlighting the benefits of advance rulings, including reduced costs, increased efficiency, and minimized disputes. The event underscored the importance of advance rulings in streamlining customs procedures and fostering a more predictable and transparent trade environment within the region.
The 36th Annual Logistics Status Report reveals the economic and geopolitical challenges faced by the global logistics industry. Despite rising costs and increased tariffs, the report demonstrates how companies are seeking growth opportunities amid uncertainty by optimizing management and adopting innovative technologies to enhance responsiveness and operational efficiency.
Regular reviews of the Harmonized Tariff Schedule (HTS) can lead to significant cost savings for manufacturers. Experts indicate that simple tariff reclassification strategies can effectively reduce corporate tariff expenditures, enhance market competitiveness, and help businesses respond flexibly to the volatile trade environment.
Truck waiting fees refer to the additional costs incurred when trucks exceed the free waiting time during loading or unloading. These fees often arise due to congestion at ports, leading to extended waiting times. Understanding the impact of these fees is crucial for optimizing transportation costs and enhancing efficiency.
Cross-border e-commerce logistics involves hidden costs like exchange rate fluctuations, policy changes, customs delays, cargo damage/loss, communication issues, and reverse logistics. These often-overlooked costs can erode profits. Sellers should monitor exchange rates and policies, optimize customs clearance, choose reliable partners, and establish a robust reverse logistics system. By focusing on these areas, businesses can effectively control costs and improve profitability in the competitive cross-border e-commerce landscape.
Flexport explains truck liftgates and associated fees. This equipment solves unloading problems when a loading dock is unavailable, improving efficiency and safety. Carriers charge liftgate fees for providing this service. When arranging transportation, it's crucial to confirm whether the delivery location requires a liftgate and inform Flexport in advance. This ensures a smooth and cost-effective delivery process by avoiding unexpected charges and delays related to unloading capabilities at the destination.
