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[Amazon Logistics Policy Update]Shipping Timelines Tightened: How Sellers Can Navigate the New Challenges?
[A New Era of Amazon Logistics] Attention, fellow e-commerce professionals! Amazon has recently announced a significant logistics policy adjustment, ushering in an era of "accelerated" cross-border logistics between China and the c...Read more -
RMB Surges 400 Points, Breaks 7.09 Barrier!
Current Exchange Rate Surge On August 29, 2024, the RMB surged as both offshore and onshore RMB/USD rates broke 7.09, reaching a new high since August 5. The offshore RMB/USD rate rose by over 400 points, currently at 7.0935. Reasons Behind the...Read more -
Canada Railway Strike Temporarily Halted, Union Criticizes Government Intervention
The Canadian Industrial Relations Board (CIRB) recently issued a crucial ruling, ordering two major Canadian railway companies to immediately cease strike activities and resume full operations from the 26th. While this temporarily resolved the ongoing strike by thousand...Read more -
Freight Rates to Surge by $4,000 on October 1st! Shipping Companies Have Already Filed Plans for Rate Hikes
There is a high likelihood that port workers on the U.S. East Coast will go on strike on October 1st, prompting some shipping companies to significantly raise freight rates on the U.S. West and East Coast routes. These companies have already fi...Read more -
Unveiling “Sensitive Cargo” in International Logistics: Definition, Classification, and Key Transportation Points
In the vast arena of international logistics, "sensitive cargo" is a term that cannot be ignored. It acts as a delicate demarcation line, dividing goods into three categories: general cargo, sensitive cargo, and prohibited items. For profession...Read more -
Turbulence in the Logistics Industry: Agility Express Accused of Cargo Seizure and Financial Troubles for Freight Forwarders in Shenzhen and Shanghai
Recently, major news has been breaking in the logistics industry, drawing widespread attention and discussion. Here is a summary of the two major events: U.S. Logistics Company Allegedly Seizes 36 Trucks of Cargo for Ransom Over 20 freight brok...Read more -
Responding to Rising Freight Rates with OBD International Logistics
Booming Shipping Market and Carrier Competition The shipping market is booming, with major carriers investing in new ships to capture long-haul routes. CMA CGM recently rented a 7000 TEU ship for $105,000 per day, signaling market recovery and...Read more -
Overview of Vietnam’s Foreign Exchange Management and Profit Remittance for Foreign Investors
Key Points of Foreign Exchange Management 1. **Foreign Exchange Conversion**: Must be conducted through designated banks; private transactions are prohibited. 2. **Foreign Exchange Accounts**: Legal entities and individuals can open these accou...Read more -
Amazon’s New Year Policy Update: Changes to FBA Shipment Closure and Compliance Requirements
Amazon’s New Year Policy Update: Changes to FBA Shipment Closure and Compliance Requirements As the New Year commences, Amazon implements crucial policy updates, reshaping the landscape for FBA (Fulfillment by Amazon) shipments. Particularly noteworthy is the adjustment to the automatic clo...Read more -
Maersk’s 48-Hour Suspension: Potential Chain Reaction in Global Shipping
Maersk’s 48-Hour Suspension: Potential Chain Reaction in Global Shipping Amidst rising tensions in the Red Sea, Maersk’s recent announcement of a 48-hour suspension for its vessels passing through the Mandeb Strait has triggered concerns across the global shipping industry. The suspen...Read more -
Navigating Shipping Challenges: Red Sea Disruption Alert for Cross-Border Cargo Sellers
Navigating Shipping Challenges: Red Sea Disruption Alert for Cross-Border Cargo Sellers In a recent setback for cross-border cargo sellers, Houthi rebels launched two attacks on the commercial ship ‘MAERSK HANGZHOU’ within 24 hours, disrupting Maersk’s plans to restore the Red S...Read more -
Geopolitical Developments Disrupt Shipping Industry; Some Carriers Eye Red Sea Routes
Geopolitical Developments Disrupt Shipping Industry; Some Carriers Eye Red Sea Routes In a surprising turn of events, several shipping companies are attempting to restore services along the Red Sea route, signaling a shift in response to heightened geopolitical risks in the region. Many foreign t...Read more