Ecommerce Layoffs Rise As Firms Cut Costs Amid Downturn

Ecommerce Layoffs Rise As Firms Cut Costs Amid Downturn

The cross-border e-commerce industry faces challenges, prompting companies to adopt cost-reduction measures like mandatory single-day off, leading to employee dissatisfaction. This article explores how companies and employees can overcome difficulties together and achieve a win-win situation. It analyzes various cost-saving methods employed by companies and how employees can protect their rights, advocating for the industry to collectively welcome a brighter future. The focus is on navigating the current economic climate while ensuring fairness and sustainability for both employers and employees.

12/31/2025 Logistics Industry Insights
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Banggood Adapts As Crossborder Ecommerce Slows

Banggood Adapts As Crossborder Ecommerce Slows

Banggood Guangzhou has suspended some operations and given employees early leave, reflecting the severe challenges facing the cross-border e-commerce industry. Affected by factors such as a deteriorating external environment and increased competition, companies are adopting strategies like business contraction and personnel optimization. Cross-border e-commerce enterprises need to employ diversified strategies, including refined operations, market diversification, and brand building, to survive and develop in the market downturn. These measures are crucial for navigating the current economic climate and ensuring long-term sustainability.

12/31/2025 Logistics Industry Insights
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Francophone Customs Chiefs Meet in Dakar to Boost Trade Curb Smuggling

Francophone Customs Chiefs Meet in Dakar to Boost Trade Curb Smuggling

The 19th Conference of Heads of Customs Administrations of French-Speaking Countries was held in Senegal, focusing on trade facilitation, economic competitiveness, and customs cooperation in combating illicit trade. The conference adopted the 'Dakar Declaration,' which proposes ten recommendations aimed at simplifying customs clearance procedures, strengthening information sharing, deepening regional cooperation, and improving personnel skills. The WCO pledged its support and will establish a follow-up monitoring system. The Prime Minister of Senegal expressed appreciation and encouragement for the work of customs officials from French-speaking countries.

12/30/2025 Customs Knowledge
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WCO Issues Rail Customs Guidelines to Boost Global Trade

WCO Issues Rail Customs Guidelines to Boost Global Trade

The World Customs Organization (WCO)'s 'Guidelines on Rail Transit' aims to simplify and standardize customs procedures for rail transport, encouraging technology application and international cooperation. This enhances cross-border trade efficiency, reduces costs, and promotes global economic prosperity. The guidelines, structured around four key objectives and supporting capacity building projects, provide a roadmap for customs facilitation in global rail transport. It offers practical guidance and best practices to streamline processes and improve security, contributing to a more efficient and reliable international trade network.

12/30/2025 Customs Knowledge
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Maldives Customs Modernizes Risk Management After WCO Report

Maldives Customs Modernizes Risk Management After WCO Report

The World Customs Organization (WCO) presented a diagnostic report to the Maldives Customs Service, highlighting areas for improvement in customs valuation, post-clearance audit, and risk management. The report recommended establishing a robust risk management system, optimizing valuation processes, and upgrading audit methodologies. The Commissioner General of Maldives Customs pledged to develop an action plan based on the recommendations to enhance customs efficiency and transparency, ultimately fostering economic development. This initiative aims to modernize customs operations and facilitate smoother trade flows for the Maldives.

12/30/2025 Customs Knowledge
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WCO Initiative Enhances Trade Efficiency in Central Asia Caucasus

WCO Initiative Enhances Trade Efficiency in Central Asia Caucasus

The World Customs Organization (WCO) held a Time Release Study (TRS) workshop for the Central Asia and Caucasus region in Georgia, aiming to improve regional trade efficiency. Through theoretical learning, field visits, and technical training, participants gained in-depth knowledge of the TRS methodology and developed national action plans. The WCO is committed to promoting connectivity across the Trans-Caspian Corridor, injecting new vitality into regional economic development. The workshop emphasized the importance of streamlined customs procedures for boosting trade along the Central Asia Corridor.

12/30/2025 Customs Knowledge
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Heathrows Third Runway to Boost UK Economy

Heathrows Third Runway to Boost UK Economy

The UK Chancellor supports the Heathrow Airport expansion plan, including the construction of a third runway. This aims to break the airport's capacity bottleneck, improve flight takeoff and landing capabilities, expand the route network, and enhance global competitiveness. The expansion is projected to create jobs and ultimately boost the UK's economic growth. This plan represents not only infrastructure development but also a strategic investment concerning the UK's future development potential. It is seen as crucial for maintaining the UK's position as a global hub.

01/07/2026 Logistics Industry Insights
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Copa Airlines Expands Global Reach from Central America

Copa Airlines Expands Global Reach from Central America

Copa Airlines leverages its strategic hub operations and privileged geographical location to build an air network covering the Americas, Europe, and the Caribbean. It is not only one of the most influential airlines in Central America and the Caribbean but also promotes regional economic development. Copa's hub in Panama City connects numerous destinations, making it a key player in the aviation industry and facilitating travel and trade across the region. Its efficient operations and extensive network contribute significantly to Panama's role as a major air hub.

01/07/2026 Airlines
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Canada Faces Rail Strike Risk Supply Chain Concerns Rise

Canada Faces Rail Strike Risk Supply Chain Concerns Rise

Canadian railway unions and the two major railway companies are at an impasse in labor negotiations, raising the imminent threat of a strike or lockout, potentially occurring this Thursday. A breakdown in negotiations would severely disrupt Canada's supply chain, impacting energy, agriculture, manufacturing, and other sectors. Businesses are actively seeking alternative solutions, and the government is mediating to avert the economic shock of a potential work stoppage. The priority is to find a resolution that prevents widespread disruption and mitigates potential damage to the Canadian economy.

01/07/2026 Logistics
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Canadian Railway Strike Threatens North American Supply Chains

Canadian Railway Strike Threatens North American Supply Chains

A looming railway strike in Canada has prompted industry organizations to urge labor and management to reach an agreement quickly, preventing further disruption to the supply chain. The Port of Vancouver, retailers, and the grain and feed industries have all expressed concerns that a strike would severely impact cargo transportation, exacerbate supply chain tensions, and even called for government intervention to maintain economic stability. The potential strike threatens to significantly hinder the movement of goods and negatively affect various sectors of the Canadian economy.

01/07/2026 Logistics Industry Insights
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