Shopify Exits Logistics Flexport Gains Market Share

Shopify Exits Logistics Flexport Gains Market Share

Shopify's sale of its logistics business to Flexport marks a strategic shift back to its core e-commerce operations. Flexport expands its global services and enhances its end-to-end supply chain solutions through this acquisition. The deal sparks reflection on the e-commerce self-built logistics model and foreshadows future trends: intelligent, flexible, green, and collaborative e-commerce logistics. This transaction highlights the increasing importance of specialized logistics providers in the evolving e-commerce landscape.

01/16/2026 Logistics Industry Insights
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US Warehouse Demand Surges As Ecommerce Grows

US Warehouse Demand Surges As Ecommerce Grows

The booming e-commerce sector is causing a warehouse shortage in the US! A CBRE report indicates that the US will need an additional 330 million square feet of warehouse space by 2025 to meet e-commerce demands. Low vacancy rates and high costs pose significant challenges. E-commerce warehouses require increased automation and more parking spaces. Smart logistics is crucial for reducing costs and improving efficiency, which will support the continued growth of e-commerce.

01/19/2026 Warehousing
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Tiktok Ecommerce Honors 2025 DOU Awards Winners for Innovation

Tiktok Ecommerce Honors 2025 DOU Awards Winners for Innovation

TikTok E-commerce released the "DOU Awards" annual honor list, focusing on three dimensions: Annual Brand, Annual New Product, and Annual Content. It recognizes outstanding brands and content in 2025. The list aims to showcase the latest achievements in e-commerce marketing on the platform, provide a reference for merchants, and help brands achieve sustainable growth in TikTok E-commerce. It highlights successful strategies and innovative approaches that have driven significant results within the TikTok E-commerce ecosystem.

01/23/2026 Logistics Industry Insights
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Bosnia Boosts Ecommerce with Wcobacked Customs Reform

Bosnia Boosts Ecommerce with Wcobacked Customs Reform

The World Customs Organization (WCO) held a workshop in Bosnia and Herzegovina focusing on cross-border e-commerce. The aim was to enhance the awareness of Bosnian Customs regarding e-commerce and to optimize clearance procedures. The workshop highlighted WCO's Framework of Standards on Cross-Border E-Commerce and the Immediate Release Guidelines. These tools are designed to help Bosnia and Herzegovina seize the opportunities presented by cross-border e-commerce, address related challenges, and ultimately achieve economic development.

01/26/2026 Customs Knowledge
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Google Retailers Adopt UCP Standard to Transform Shopping

Google Retailers Adopt UCP Standard to Transform Shopping

Google partners with retail giants to create the UCP standard, aiming to simplify the shopping process and transform Gemini into an all-in-one shopping assistant. AI empowers e-commerce, improving efficiency and reshaping traffic sources. Cross-border e-commerce, e-commerce services, and AI-powered smart hardware are expected to benefit first. Seize the opportunities presented by AI in e-commerce, invest in potential stocks within the industry chain, and position yourself for future success.

01/28/2026 Logistics Industry Insights
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WCO Establishes Global Ecommerce Trade Standards

WCO Establishes Global Ecommerce Trade Standards

The World Customs Organization (WCO) E-Commerce Working Group has finalized a comprehensive e-commerce package. This aims to promote the standardization, efficiency, and sustainability of global cross-border e-commerce through a standardized framework, technical specifications, and implementation strategies. The package covers various aspects, including terminology definitions, technical specifications, and tax collection. Following review by various committees, it is expected to be promoted and implemented globally, facilitating trade and harmonizing practices in the rapidly growing e-commerce sector.

01/30/2026 Customs Knowledge
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Guide to SWIFTBIC Codes for Korean Bank Transfers

Guide to SWIFTBIC Codes for Korean Bank Transfers

This article provides a comprehensive guide to SWIFT/BIC codes for Korean banks, aiming to help users accurately find the necessary codes and avoid common problems in international remittances. It covers the importance of SWIFT/BIC codes, methods for finding them, a list of major bank codes, verification methods, and frequently asked questions. The goal is to ensure funds safely and efficiently reach the recipient bank. This guide serves as a practical resource for anyone dealing with international money transfers to or from South Korea.

09/02/2025 International Settlement
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Korean Ecommerce Sellers Adopt Targeted Strategies for Profit

Korean Ecommerce Sellers Adopt Targeted Strategies for Profit

With fierce competition and stricter platform regulations in cross-border e-commerce, sellers need to shift from mass product listings to a more focused approach. Product selection is crucial, requiring market demand analysis to create popular items. Prioritize profit over low-price competition for sustainable growth. Accurate pricing, based on target audience and reasonable price ranges, is essential. Improving operational capabilities, mastering product selection, and understanding pricing strategies are key to achieving sustainable profitability.

01/06/2026 Logistics Industry Insights
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Guide to Korean Commercial Registry Reports for Businesses

Guide to Korean Commercial Registry Reports for Businesses

This article details the importance, content, and methods of obtaining a Korean company's business registration report (business report). Acquiring and translating the business registration report through professional third-party agencies can effectively mitigate commercial risks and provide strong support for corporate decision-making. Understanding the information contained within these reports is crucial for conducting thorough due diligence and assessing the viability of potential partnerships or investments in Korean companies.

02/02/2026 Customs Knowledge
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