In October 2023, China's warehousing index reached 52.8%, marking a three-month high and reflecting the healthy growth of the industry. Inventory levels, business profits, and the number of employees have all increased, indicating a recovery in market demand. With rising demand and the approach of the Double Eleven shopping festival, the future outlook for warehousing services is generally optimistic.
According to a recent Gartner survey, only 23% of supply chain leaders have a formal AI strategy. Most businesses focus on short-term investments while neglecting long-term planning, which may hinder future development. To enhance competitiveness, companies should formulate a systematic strategy that balances short-term benefits with long-term goals.
The report analyzes the current exchange rate of 5 Cayman Islands Dollars (KYD) to 6.0357908 US Dollars (USD), noting that the exchange rate is influenced by the economic environment and policy changes. It emphasizes the importance of understanding exchange information in international trade and investment.
This article provides a detailed analysis of various fees incurred during customs inspection, including inspection agency fees, trucking fees, scanning fees, loading and unloading fees, and unstuffing fees. It clarifies the common misconception that customs directly charges inspection fees. Furthermore, it offers practical tips on selecting an agent, understanding inspection methods, and verifying fee lists to help businesses better understand and control inspection costs, ensuring smooth customs clearance. The goal is to empower businesses to navigate the inspection process effectively and minimize unexpected expenses.
Huangdao Entry-Exit Inspection and Quarantine Bureau innovatively launched the "Four Quicks and One Smooth" new port inspection model. Through measures such as "Quick Berthing, Quick Verification, Quick Inspection, Quick Release, and Efficient and Smooth Flow," the vehicle inspection time has been reduced from over 2 hours to within 1 hour. This significantly improves port customs clearance efficiency and reduces corporate operating costs.
This article, by dangerous goods freight forwarder Ahao, explains the commodity inspection requirements for general cargo listed in the Catalogue of Hazardous Chemicals. Even with a certificate of non-dangerous goods, export inspection is still required if the product name/CAS number is in the catalogue. The article details the correct inspection and customs declaration procedures and reminds readers to pay attention to 'special general cargo' in the catalogue to avoid inspection, detention, fines, and losses.
This article examines the "self-haulage, self-declaration, self-delivery to port" model in ocean freight. Shippers delegate these tasks to specialized partners to streamline costs and enhance service. Under FOB terms, they prefer their own forwarders or carriers over consignee-nominated agents, avoiding premium charges and subpar service.
This article provides an in-depth analysis of the inspection procedures conducted by the U.S. Customs and Border Protection (CBP) for international goods, including the scoring system that influences inspection decisions and common types of inspections. By understanding this mechanism, businesses can optimize their clearance processes and reduce unnecessary delays.
YTO Express released its third quarter financial report, showing a revenue of 49.369 billion yuan and a net profit of 2.93 billion yuan for the first three quarters, reflecting year-on-year growth. The company will continue to optimize its digital and intelligent development, actively promote its international strategy, increase its aviation business layout, enhance market competitiveness, and commit to expanding its global business and growth potential.
The report "DHL Trade Growth Atlas" published by DPDHL Group and NYU Stern School of Business highlights ten major trends in global trade after the pandemic. It points out changes and opportunities in trade growth and supply chain configurations between emerging and developed economies, emphasizing the importance of open trade and international cooperation.
