Cross-border news of the week | Multiple warehouses on Amazon have been liquidated! US East Port Strike Crisis

As Prime Day approaches, Amazon has launched two new features, aiming to allow sellers to improve their products based on review trends, reduce returns, and improve customer experience.

① Use reviews to improve products: Sellers can access new, data-driven product insights in the Customer Review Insights tab of Opportunity Explorer to launch successful products.

② Use AI to detect damaged products before shipping: Amazon has launched an artificial intelligence (AI) model called "Projectpi" (Private Detective), which can scan items for defects and ensure that customers are satisfied with every order they receive. . Millions of products currently pass through imaging tunnels every day in Amazon fulfillment centers across North America.

Temu has recently been officially launched in Brazil, providing consumers with discounts of up to 90% on shopping prices and free door-to-door delivery services. Temu sets a minimum order value of R$65 per purchase, which includes the 17% state turnover tax ICMS. All purchased packages will be delivered to your doorstep for free by the post office. If the goods are delayed in delivery, Temu will also provide a R$10 voucher as compensation.

According to Bloomberg, ByteDance, the parent company of ByteDance’s short video platform TikTok, plans to lay off its Indonesian e-commerce unit TikTokShop (Indonesia), involving about 450 employees, accounting for about 9% of the total number of employees.

This layoff is the first since the merger of TikTok Shop (Indonesia) and Indonesian local e-commerce platform Tokopedia in March 2022. It mainly affects the advertising and operations teams and is designed to eliminate duplicate positions created after the merger of the two companies. In addition, ByteDance is also seeking to comprehensively reform Indonesia's e-commerce business to reduce costs.

According to foreign media reports, the South African government recently issued a new tax regulation. Starting from July 1, 2024, South Africa will impose a 45% import tariff and 15% value-added tax on foreign e-commerce clothing retailers such as Shein and Temu. , this high tax is mainly to protect the interests of local clothing retailers.

Recently, negotiations between the International Longshoremen’s Association (ILA), the container longshoremen’s union at U.S. East Coast and Gulf Coast ports, and the employer’s representative, the United States Maritime Alliance (USMX), have broken down.

The breakdown in negotiations focused on Maersk's efforts to use automated equipment at some ports in an attempt to replace workers. ILA accused Maersk of using automated systems to handle truck operations at its terminal in Mobile, Alabama, without using workers, arguing that this was a clear violation of the agreement between the two parties.

Less than four months before the six-year labor contract between the two parties expires on September 30, the breakdown of the negotiations has intensified labor tensions in the eastern US ports and increased the risk of strikes.

In the early morning of June 11, Beijing time, the United Nations Security Council passed an important resolution with a high vote, calling for an "immediate, comprehensive and complete" ceasefire in the Gaza Strip to end the eight-month-old Palestinian-Israeli conflict as soon as possible! It is worth noting that the resolution was proposed by the United States and was passed by a majority of the 15 Security Council members, including China (14 votes in favor and 0 votes against).

Affected by this news, European freight futures plummeted collectively, and the stocks of major global liner companies also experienced rare sharp falls. The stock prices of many shipping companies, including COSCO, Yang Ming, Evergreen, Orient Overseas and Wanhai, fell during the session today. Lower limit or hit lower limit!

On June 12, Mediterranean Shipping Company (MSC) announced that it will resume its MUSTANG route from Asia to the West Coast of the United States starting from the 28th week. This move is aimed at responding to the growing trans-Pacific market demand. The MUSTANG route will provide more abundant transportation capacity and faster transit time. The first ship of the restored MUSTANG route is "MSCLELLA", the voyage is UV428A, and the port of call sequence is: Yantian-Ningbo-Shanghai-Changtan-Yantian.

(The above content is compiled from the Internet. If there is any infringement, please contact us in the background to delete it!）

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