UPS Q2 Revenue Drops As Amazon Demand Slows

UPS Q2 Revenue Drops As Amazon Demand Slows

UPS's second-quarter earnings report revealed a revenue drop to $21.2 billion, a 2.7% year-over-year decline, with a basic earnings per share of $1.55, falling short of expectations. Operating profit also decreased by 6.3%. Pressure on performance has been attributed to market conditions and a decrease in Amazon orders, prompting UPS to seek new growth opportunities to address these challenges.

China Adjusts Export Tax Rebates for HS Code 96 Products

China Adjusts Export Tax Rebates for HS Code 96 Products

This article conducts an in-depth analysis of products under the 96 series HS codes, revealing their application in export tax rebate policies. It aims to assist enterprises in understanding relevant regulations and enhancing market competitiveness. By organizing different HS codes and their corresponding tax rebate rates, the article helps companies address challenges in international trade and improve their economic returns.

Shipping Industry Grapples With Rising BAF Fuel Costs

Shipping Industry Grapples With Rising BAF Fuel Costs

BAF (Bunker Adjustment Factor) is a fee established by shipping companies to address fluctuations in fuel prices. By dynamically adjusting this fee, companies can manage cost changes. Combined with the IMO's low-sulfur fuel policy, BAF impacts logistics costs on shipping routes. Flexport has incorporated BAF into its rates to provide clients with a more transparent fee structure and better budget management.

Customs Key to Achieving Sustainable Development Goals

Customs Key to Achieving Sustainable Development Goals

At the Fourth United Nations Conference on Financing for Development, the World Customs Organization highlighted the pivotal role of customs as a bridge in international development. It promotes legitimate trade, safeguards public safety, and advances the achievement of sustainable development goals. The organization called for strengthened collaboration between governments and the private sector to address the challenges posed by globalization.

08/08/2025 Logistics
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Global Shipping Firms Adopt Strategies to Cut Container Shortage Costs

Global Shipping Firms Adopt Strategies to Cut Container Shortage Costs

This article explores the risks of dead freight in international shipping and insurance strategies to address them. It analyzes why traditional insurance fails to mitigate dead freight and proposes indirect solutions such as trade credit insurance and logistics liability insurance. The article also emphasizes practical methods to proactively reduce dead freight risks through contract clauses, flexible transportation options, and reasonable time scheduling.

HSBC UK Clarifies SWIFT Codes for International Transfers

HSBC UK Clarifies SWIFT Codes for International Transfers

This article provides a detailed overview of the SWIFT code HBUKGB4B72E for HSBC UK BANK PLC and its significance in international remittances. It emphasizes the importance of correctly using the SWIFT code to ensure the security of funds and timely arrival. The article also includes specific information about the bank's address to assist you in making cross-border remittances smoothly.

Banque Nationale Du Canada Simplifies SWIFT Transfers

Banque Nationale Du Canada Simplifies SWIFT Transfers

This article introduces the SWIFT/BIC code BNDCCAMMINT for BANQUE NATIONALE DU CANADA and its significance in international remittances. Customers are required to use this code when making cross-border transfers to ensure that funds are safely and accurately directed to the specific bank address in Canada. It also emphasizes the importance of verifying information to avoid transaction delays and errors.

Amazon Extends send to Amazon FBA Transition Amid Seller Feedback

Amazon Extends send to Amazon FBA Transition Amid Seller Feedback

Amazon extends the transition period for the new FBA process until October, with the old process available until October 16th. Shipping plans can be edited until November 29th. This extension aims to address seller concerns and provide more time to adapt to the changes. Amazon is responding to feedback and allowing sellers a longer runway to implement the new 'Send to Amazon' workflow.

12/31/2025 Logistics
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Amazon Sellers Targeted by Fake Website Scams

Amazon Sellers Targeted by Fake Website Scams

Malicious complaints on Amazon are escalating, with independent websites emerging as new attack vectors. Sellers should be wary of tactics like malicious listing modifications, cross-site review merging, and fake discount code incentivized reviews. Enhanced platform regulation is crucial. Sellers need to improve their intellectual property protection awareness, proactively address complaints, seek legal assistance when necessary, and strengthen their overall risk resilience.

Amazon Sellers Urged to Fix Performance Issues Promptly

Amazon Sellers Urged to Fix Performance Issues Promptly

Amazon store performance is vital for business operations, and should not be underestimated. Don't assume the 180-day rule automatically clears issues. Closely monitor performance metrics, proactively address complaints, ensure product quality, and promptly handle policy violations. Seek professional appeal services when necessary to prevent problems and ensure account health. Maintaining a healthy account is crucial for long-term success on Amazon.