Transpacific Shipping Rates Spike Amid Lunar New Year Demand

Transpacific Shipping Rates Spike Amid Lunar New Year Demand

Ocean freight market sees a short-term boost nearing the Spring Festival, with US West Coast route rates surging by 60%. However, long-term overcapacity pressure remains. Shipping companies are adjusting capacity, while external uncertainties exacerbate market volatility. Shippers need to make prudent decisions, with refined operations and risk management becoming crucial for success. 2026 could be a key turning point.

02/04/2026 Logistics
Read More
Auto Exporters Rush Orders Ahead of Chinese New Year

Auto Exporters Rush Orders Ahead of Chinese New Year

This article addresses the challenges of expediting auto parts foreign trade orders before the Spring Festival. It provides five core strategies and practical communication techniques to help businesses efficiently finalize orders. The content covers creating a sense of urgency, emphasizing cost advantages, offering solutions, showcasing production capabilities, and leveraging the bandwagon effect. The aim is to assist foreign trade companies in seizing opportunities and gaining a market advantage during this crucial period. This will help companies to improve their sales and revenue.

Under Armour Revamps Supply Chain to Drive Growth

Under Armour Revamps Supply Chain to Drive Growth

Under Armour is streamlining its supply chain through a multi-year distribution and logistics program aimed at improving cost-effectiveness, responsiveness, and service levels. Facing revenue declines and rising ocean freight costs, Under Armour is proactively taking steps, including streamlining SKUs, improving end-to-end planning capabilities, and enhancing supply chain visibility. These initiatives are designed to optimize operations, reduce costs, and ultimately enhance the brand's competitiveness in a challenging market environment.

Teens Scented Slime Business Earns Millions on Tiktok

Teens Scented Slime Business Earns Millions on Tiktok

17-year-old Chinese-American Mark Lin made $1.2 million in three years by selling homemade aromatherapy products on TikTok, highlighting the immense potential of TikTok Shop. The article analyzes the success secrets of Sliimeyhoney, emphasizing the importance of product selection and the platform itself. It also discusses the impressive results of TikTok Shop's year-end mega-sale, providing cross-border e-commerce sellers with strategies for tapping into the goldmine that is TikTok Shop.

US Retail Sales Decline in Q1 Fueling Economic Worries

US Retail Sales Decline in Q1 Fueling Economic Worries

U.S. retail sales data for March was weak, declining 0.3% month-over-month and increasing 1.7% year-over-year, casting a shadow over the end of the first quarter. Slower consumer spending may drag down economic growth. Nevertheless, experts are cautiously optimistic about the retail sector's outlook, believing that innovation and adapting to consumer demands are key. The March figures suggest a potential slowdown, but the overall picture remains uncertain pending further economic indicators.

EU Moves to End Tax Exemptions for Small Parcels Targeting Chinese Ecommerce

EU Moves to End Tax Exemptions for Small Parcels Targeting Chinese Ecommerce

The EU has prematurely abolished the VAT exemption for low-value shipments, targeting Chinese e-commerce platforms. Under the new regulations, all parcels entering the EU will be subject to tariffs. Chinese sellers should actively respond by optimizing their supply chains, strategically deploying overseas warehouses, and enhancing product value. This will enable compliant and branded operations to meet the new market challenges. Focusing on compliance and brand building is crucial for Chinese sellers to navigate the evolving EU e-commerce landscape.

Major Logistics Firms Collaborate on Freight Dispatch Standards

Major Logistics Firms Collaborate on Freight Dispatch Standards

Uber Freight, Convoy, and J.B. Hunt have jointly launched the Scheduling Standards Consortium to break down information silos in freight dispatch and boost efficiency by establishing unified API standards. This initiative aims to accelerate the digital transformation of the logistics industry. The first set of standards is expected to be released in the first quarter of next year and will eventually expand to other modes of transportation, achieving end-to-end standardization across the entire supply chain.