First Sale Valuation is a rule that helps U.S. importers reduce customs duties. By assessing the value of goods based on the first sale price rather than the final transaction price, qualifying importers can effectively save costs and enhance market competitiveness.
The South Korean shipping industry is facing immense competitive pressure, with two major shipping companies urgently needing to procure ultra-large container ships to enhance their market competitiveness. Currently, the industry is suffering from severe overcapacity, and declining freight rates are impacting the profitability of shipping firms. Furthermore, officials do not support the merger of the two companies, emphasizing the need for voluntary principles to ensure market diversity and stability.
October's Cass Freight Index reveals year-over-year growth in freight volume and expenditures, albeit at a decelerating pace, signaling potential challenges for the logistics market toward year-end. The report analyzes key factors impacting the freight market and looks ahead to future trends driven by technology and green transformation. This provides valuable insights for logistics companies and supply chain management professionals, offering a crucial reference point for navigating the evolving landscape.
By the end of June 2024, a total of 3,286 internet freight companies in the country uploaded 80.877 million waybills, representing a year-on-year increase of 52.8%. The top three provinces in waybill upload volume are Anhui, Tianjin, and Jiangsu. Compliance assessments indicate that Henan, Hubei, and Shandong performed well, while some provinces and cities still showed deficiencies in data reporting.
The Port of Long Beach reported a record-breaking cargo volume in September, up 11.8% year-over-year, marking its first increase in 14 months. This surge was primarily driven by the labor agreement resolution and the demand for holiday season preparations. Despite facing competition and environmental challenges, the Port of Long Beach anticipates a moderate recovery towards the end of the year. However, continued investment in infrastructure and embracing technological innovation are crucial for maintaining its competitiveness in the long run.
Amazon's Prime Early Access Sale has been plagued by discount setting errors, posing profit challenges for sellers. This article analyzes the causes of these errors and provides a guide to avoid them, including setting reasonable List Prices, implementing refined operational strategies, and flexibly adjusting pricing. It aims to help sellers maximize profits during the peak season by navigating these technical issues and optimizing their Amazon operations.
Amazon will eliminate the 'commingled inventory' feature and update labeling rules in 2026, impacting brand sellers and resellers differently. Brand sellers will benefit from improved inventory quality, while resellers will face increased costs. Sellers need to complete brand registry, adjust labeling processes, optimize inventory planning, and explore multi-channel logistics as soon as possible to adapt to the new rules and ensure operational stability. This shift requires proactive measures to mitigate potential disruptions and maintain efficient fulfillment processes within the Amazon ecosystem.
Mercado Libre has been recognized as a 'Global Best Workplace' for five consecutive years, highlighting its exceptional workplace culture and commitment to employees. As the largest e-commerce platform in Latin America, Mercado Libre boasts a vast user base, a comprehensive ecosystem, and robust technical support, making it an ideal choice for cross-border e-commerce sellers seeking to tap into the Latin American market. Partner with Mercado Libre to achieve success in the Latin American blue ocean market. Now is the perfect time to join!
Etsy sellers face shipping challenges during the Chinese New Year. This article provides two solutions: delaying shipment and setting up vacation mode. It analyzes the advantages and disadvantages of each option and offers operational suggestions for the Spring Festival period. This helps sellers make the best decisions to ensure smooth store operations and maintain customer satisfaction during this peak season where order fulfillment might be impacted due to factory and logistics closures. Consider these strategies to minimize disruption and keep your Etsy shop running effectively.
This article provides Amazon sellers with a comprehensive guide to store operations during the Chinese New Year holiday. It covers holiday mode settings, different strategies for FBM and FBA sellers, pre- and post-holiday precautions, and the development of contingency plans. The aim is to help sellers enjoy the holiday while ensuring the normal operation of their stores and even seizing business opportunities. It offers practical advice on managing inventory, customer service, and advertising campaigns to minimize disruptions and maximize sales during this crucial period.
