The Federal Reserve announced its third rate cut this year, lowering the target range for the federal funds rate to 3.5%-3.75%, the lowest level since 2022. This move aims to address economic slowdown and trade frictions, stimulating economic growth. The future policy direction remains uncertain, and the Federal Reserve will closely monitor economic data and flexibly adjust monetary policy.
Amazon US announced the removal of all 'meltable' ASINs and will charge removal fees, impacting approximately 450,000 products. Sellers need to self-inspect their products, adjust strategies promptly, monitor policy changes, and improve packaging to comply with the new regulations and avoid losses. This policy change requires sellers to proactively manage their inventory and adapt to Amazon's evolving requirements for temperature-sensitive items.
Russia has legislated to establish a unified registry for supporting SMEs, integrating support information from all levels and addressing information asymmetry. This initiative aims to enhance policy transparency and optimize resource allocation, enabling the government to more accurately assess policy effectiveness and allowing businesses to more easily access support information. Ultimately, this will improve the efficiency of SME support policies.
A Descartes report indicates a slight rebound in North American container imports, but trade policy changes continue to impact supply chains. Imports from China are declining, Southeast Asia is rising, and West Coast ports are recovering. Businesses need to pay attention to policy changes, diversify sourcing, optimize inventory, strengthen collaboration, and invest in technology to build more resilient supply chains.
Amazon Global Selling Cross-border Summit announced the "Next Generation Cross-border Chain" strategy, marking a new phase for cross-border e-commerce. BoSen Santong, as an SPN service provider, offers compliant end-to-end logistics solutions to help sellers address challenges such as tightening cross-border policies and evolving logistics links, thereby achieving global business growth. In the future, BoSen Santong will closely follow Amazon's strategic direction, relying on its global supply chain network and compliance service capabilities to empower cross-border sellers.
The UK government's 'Maritime Strategy 2050' aims to strengthen its leadership in the global maritime industry through technological innovation and policy support. It focuses on the development of smart shipping and autonomous navigation technologies, enhancing employment and economic growth in related fields. In the future, the UK plans to establish autonomous multimodal transport ports through legislation, fiscal measures, and policy responses, promoting sustainable development in the industry.
The USTR announced a new fee policy for Chinese shipping starting in 2025, which includes charges based on the number of voyages to the U.S. and operational restrictions, aimed at addressing unfair trade practices. This policy revision is more moderate compared to the original version but will still impact the shipping market, and the varying fees faced by different carriers may lead to shifts in market dynamics.
Amazon's new FBA policy shortens warehousing timelines and increases violation fees, putting pressure on sellers to raise costs. Paid managers are gaining attention as account 'insurance,' but their cost-effectiveness needs careful evaluation. Sellers should optimize logistics, ensure compliance, and cautiously choose paid services to address these new challenges. The new policy necessitates a strategic shift in operational approaches to mitigate potential financial impacts and maintain profitability.
The logistics industry faces challenges from volatility, policy shifts, and demand mismatches. Companies need to respond through refined demand forecasting, building resilient supply chains, technological innovation, and paying attention to policy risks. Only in this way can they move forward steadily in a turbulent market environment and gain a competitive advantage. This requires proactive adaptation and strategic planning to navigate uncertainties and ensure operational efficiency and profitability.
The Amazon Global Selling Cross-border Summit was held in Hangzhou, launching the "Next Generation Cross-border Chain" strategy, empowering cross-border e-commerce with AI to achieve "list once, sell globally." As a comprehensive cross-border e-commerce pilot zone, Hangzhou has become a "super incubator" for Chinese sellers going global due to its complete ecosystem and innovative policies, helping companies efficiently expand into the global market. The summit enhanced Hangzhou's influence in the global cross-border e-commerce field and demonstrated its open and inclusive business environment.
