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Alarms are ringing in the global shipping industry as container freight rates from China experience a dramatic resurgence. This surge is attributed to a confluence of factors, including anxieties surrounding potential US tariff hikes and ongoing disruptions in the Red Sea. Rates Hit 2-Year High The Shanghai Containerized Freight Index (SCFI), a key benchmark for […]
A landmark deal has been struck in the UK postal landscape, with Royal Mail owner International Distribution Services (IDS) accepting a £3.57 billion takeover offer from Czech billionaire Daniel Kretinsky’s EP Group. This news has sparked significant interest and raises questions about the future of the iconic postal service. The Offer and Commitments EP Group’s […]
DMSExpress, a trusted provider of global logistics solutions, is excited to announce its official listing as a carrier on Track718. This integration empowers users to effortlessly track their DMSExpress shipments directly within the Track718 platform. Streamlined Tracking for DMSExpress Customers DMSExpress customers can now leverage Track718’s comprehensive tracking capabilities to gain real-time insights into the […]
A new report by AliExpress reveals a robust online shopping culture across Europe, with a staggering 95.8% of surveyed consumers having made online purchases in the first quarter of 2024. However, the data also highlights a potential spending disparity between some European nations. Europe Embraces E-commerce AliExpress’ Consumer Insight Report, based on a survey of […]
A recent study by ECC KÖLN, a subsidiary of the prestigious Institut für Handelsforschung (IFH KÖLN), reveals a surging trend in German consumers embracing Asian online marketplaces. The report, “Trend Check Handel,” highlights a significant rise in both brand awareness and usage of these platforms. Surge in Awareness and Adoption The study indicates a remarkable […]
Amazon is making significant strides towards eco-friendly deliveries in the UK with the expansion of its micromobility hub network. These strategically located urban centers are transforming the last-mile delivery landscape, prioritizing sustainability and reducing environmental impact. Micromobility Hubs: A Greener Approach Micromobility hubs act as sorting centers within major cities. Packages are transported from Amazon’s […]
Get ready for a summer shopping bonanza fueled by short-form video – TikTok is poised to launch its hugely popular e-commerce platform, TikTok Shop, across continental Europe. According to sources close to the company, beta testing has begun in Germany, France, Italy, and Spain, paving the way for a wider rollout across the region in […]
Austrian online marketplace Shöpping is gearing up for its first international foray, targeting the vast German market later this year. This strategic move promises to benefit both Austrian sellers and German consumers, unlocking new opportunities for growth and diverse product selection. From Startup to Powerhouse: Shöpping’s Remarkable Rise Founded in 2017 by Österreichische Post AG, […]
Online fashion giant Zalando reported mixed results for the first quarter of 2024. While revenue dipped slightly to €2.2 billion compared to €2.3 billion in Q1 2023, the company witnessed a significant improvement in profitability. Shifting Focus, Improved Margins This trend aligns with Zalando’s strategic shift announced in 2023. The company is prioritizing profitability and […]
European cross-border ecommerce continues to experience explosive growth, according to the 6th edition of the ‘TOP 500 B2C Cross-Border Retail Europe’ report by Cross-Border Commerce Europe. The report, which excludes travel purchases, reveals that the online European cross-border market reached a staggering €237 billion in 2023, a significant 32% increase compared to the previous year. […]
