Bank of America Index Shows High Costs Low Volumes in US Logistics

Bank of America Index Shows High Costs Low Volumes in US Logistics

The Bank of America Freight Payment Index indicates a decrease in freight volumes during the fourth quarter, while freight spending reached a record high. Driver shortages, rising fuel prices, and ongoing supply chain challenges are key contributing factors. Regional performance varied, with the Western region experiencing the largest increase in spending. To navigate these challenges, businesses need to optimize their supply chains, strengthen collaboration, diversify transportation options, and embrace digital transformation. These strategies are crucial for mitigating the impact of rising costs and ensuring efficient freight operations in the current economic climate.

01/21/2026 Logistics Industry Insights
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Guide to Export Returns Procedures Docs and Tax Rules

Guide to Export Returns Procedures Docs and Tax Rules

This article details the process, required documents, and tax & foreign exchange handling for returned exported goods. It provides solutions for specific scenarios, aiming to help businesses efficiently and compliantly manage return shipments, minimize economic losses and operational risks, and ensure a smooth return process. The article covers key aspects of export returns, including documentation requirements, customs procedures, and relevant regulations, providing practical guidance for businesses navigating this complex area of international trade.

08/23/2025 Customs Knowledge
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Amazon Apparel Sellers Face High Returns Seek Solutions

Amazon Apparel Sellers Face High Returns Seek Solutions

High return rates plague Amazon's apparel category, with some sellers facing rates as high as 88%. This article reveals the harsh reality of these high return rates and offers three practical tips to help sellers reduce unsellable returns and improve profitability. These tips include using zipper bags, spare labels, and frosted packaging. By implementing these strategies, sellers can escape the cycle of low profits and improve their bottom line in the competitive Amazon apparel market.

12/31/2025 Logistics Industry Insights
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Guide to Streamlining Customs Clearance Procedures

Guide to Streamlining Customs Clearance Procedures

This paper provides detailed operational guidelines for common issues encountered in freight forwarding practice, including customs declaration, inspection, modification, and container return. It covers topics from tracking cargo arrival status and the customs clearance process to strategies for dealing with short-loading and customs inspections, as well as container return procedures under special circumstances. This aims to help freight forwarding professionals improve their business capabilities and mitigate risks. The guide offers practical advice to navigate these challenges effectively.

08/22/2025 Logistics Encyclopedia
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Ozon Tightens Seller Rules to Improve Marketplace Performance

Ozon Tightens Seller Rules to Improve Marketplace Performance

OZON has updated its platform rules, optimizing return settings. Sellers can now customize return addresses, not limited to Russia. Product listing rules have also been adjusted, with only one product type allowed per SKU. Sellers are advised to manually select the correct product type before May 2nd to avoid random system assignment affecting traffic. This update aims to standardize operations, improve the buyer's shopping experience, and support the development of high-quality sellers on the platform.

01/05/2026 Logistics
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Ecommerce Returns Spike As Supply Chain Strains Hit Retailers

Ecommerce Returns Spike As Supply Chain Strains Hit Retailers

The Reverse Logistics Association survey indicates a surge in e-commerce returns during peak season. Coupled with the ongoing supply chain crisis, retailers face increasing cost pressures. Strategies to mitigate these challenges include optimizing product information, simplifying return processes, strengthening return management, and leveraging data analytics. Fine-grained operation is crucial for retailers to break through the current situation and improve profitability. Effective reverse logistics management is becoming increasingly important for maintaining customer satisfaction and minimizing financial losses.

01/19/2026 Logistics
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Temu Extends Semimanaged Service to Czech Republic Poland

Temu Extends Semimanaged Service to Czech Republic Poland

TEMU's semi-managed model is expanding, with Czech and Polish sites launching soon. The platform has opened product listings, allowing sellers to register early. Shipping supports mutual delivery between six countries, and the return policy allows returns to multiple warehouses. Polish and Czech sites require uploading return labels. Seize the opportunity and plan ahead to potentially gain a share in this blue ocean market. Early preparation could be key to success as TEMU continues its expansion in Europe.

01/19/2026 Logistics
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An In-depth Exploration of the Composition and Calculation Conditions of Logistics Costs

An In-depth Exploration of the Composition and Calculation Conditions of Logistics Costs

Logistics costs consist of three components: material circulation expenses, information processing expenses, and management expenses. When calculating logistics costs, it is essential to define the scope of logistics, the functions involved, and the accounting categories. These factors directly impact the scale of a company's logistics costs. Appropriate calculation conditions ensure the accuracy of the data, providing valuable support for enterprise decision-making.

07/17/2025 Logistics Encyclopedia
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Shipping Guide: Understanding Key Knowledge About Sea Freight, Customs Clearance, Operations, and Costs

Shipping Guide: Understanding Key Knowledge About Sea Freight, Customs Clearance, Operations, and Costs

This article introduces the basic concepts of consolidation, including port entry, customs declaration, operations, and associated costs. By understanding the 'Five Consistency Principles', the correct customs declaration steps, the importance of selecting shipping companies, and the role of bills of lading, readers can gain a comprehensive understanding of the consolidation process, ensuring smooth logistics and transportation.

07/17/2025 Logistics Encyclopedia
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