The last few days saw a sudden disruption in the global supply chain, as a container ship, the Ever Given, ran aground in the middle of the Suez Canal. Experts are not certain of how this happened, although many point to high wind speeds and an ever increasing size of container ships over the last...

What is ICS2? The European Union makes it a top priority to ensure the security of its citizens and single market. Every year trillions of Euros worth of goods are imported into EU, with the EU-27 now accounting for around 15% of the world’s trade in goods. The European Union is implementing a new customs...

The logistics industry, viewed as an auxiliary for trade and commerce, enables industries to deliver the goods and services to the consumers by facilitating mobility throughout the supply chain. Logistics holds a major share of employment in emerging markets, and is considered a barometer for gauging the economy as it plays a role in driving...

Global transportation—like many industries—has faced unparalleled disruptions over the past year. Now, in 2021, there are new and different challenges added to the mix. Over the last few months, ocean freight has seen a significant increase in demand, as well as equipment shortages in Asia. This led to longer dwell times for the vessels, which...

The air cargo market ended 2020 on a high note, picking up steam again in December and setting the stage for a potential full recovery to pre-pandemic levels in the first quarter of 2021 with little sign there will be a normal seasonal falloff, according to the latest industry data. Global airfreight volumes rose 2.5%...

The US Postal Service’s annual price adjustment on competitive and market-dominant products takes effect on January 24, 2021. For users of USPS international products, this means changes to country groups, which could mean higher or lower prices depending on destination and product. For the January price changes and new country group listings, see the Postal...

Brexit will be complete January 1, 2021. After years of negotiations, planning, and a lengthy transition period, the U.K. is finally leaving the EU Customs Union and VAT regime. What does this mean for U.S. merchants selling into the U.K.? The impact of Brexit will be felt primarily by businesses based in the EU and...

Ecommerce is booming, there’s no denying it. Year after year we see statistics on the rise, and more physical stores moving their business online in light of the COVID-19 pandemic. As cities continue to require businesses to operate with limited capacity, ecommerce is becoming an unexpected necessity for many looking to find innovative new ways...

Black Friday is a big deal for all e-commerce companies since it’s one of the most profitable sales days of the year. In 2020, with customers relying more and more on online shopping , there’s no question this year will see record high sales! Known for its massive discounts, it has become part of the...

In a push to make the most out of this festive season, it’s common to make a few mistakes along the way. We’re listing 5 common ways in which businesses drop the ball, in order to help optimize your holiday season sales and decrease stress! #1 Forgetting to Plan Ahead At some point or another,...