cross-border ecommerce

Seko targets a slice of integrator market with launch of e-commerce unit

Seko Logistics is launching an e-commerce business unit to “lean into the integrators’ world” and boost its market in cross-border shipping, global fulfilment, heavyweight last-mile and returns.
It expects to develop the unit into a “multibillion dollar-plus” business by 2025.
“As a lot of the traditional e-commerce market drops down into the mail market, which leans into our commercial model too, we see a significant opportunity to lean into the integrators’ world …

The post Seko targets a...

https://theloadstar.com/seko-targets-a-slice-of-integrator-market-with-launch-of-e-commerce-unit/

UK fashion houses hit out at post-Brexit ‘hidden costs’ for EU customers

UK fashion labels are increasingly concerned at the complexities of operating in the post-Brexit world, with “hidden costs” and reverse logistics threatening business viability.
Director of Scottish brand 6876 Kenneth MacKenzie said EU consumers were becoming steadily more reluctant order UK brands due to longer transit times and additional costs linked to duty and VAT.
Mr MacKenzie told The Loadstar: “Customers are not aware of how much they will be paying for duty, …

The post UK fashion houses...

https://theloadstar.com/uk-fashion-houses-hit-out-at-post-brexit-hidden-costs-for-eu-customers/

Two new moves in Alibaba’s bid to build a global logistics network

Chinese e-commerce giant Alibaba’s quest to “build a global logistics network” took several steps forward over the weekend.
The firm signed a cooperation agreement with Israeli shipping carrier Zim and its express arm, AliExpress, launched a cross-border supply chain solution for bulk items.
The Zim and Alibaba agreement builds on an earlier cooperation this year which allows Alibaba customers to book shipments directly with the carrier,  and the two companies discovered that …

The post Two new...

https://theloadstar.com/two-new-moves-in-alibabas-bid-to-build-a-global-logistics-network/

US Customs targets Chinese e-commerce with bid to reduce tax threshold

US importers of Chinese goods valued below $800 may lose their exemption from tariffs, if a proposal from the US Customs & Border Protection agency (CBP) moves forward.
On 2 September, CBP asked the US Office of Management & Budget for regulatory review of a proposal entitled Excepting Merchandise Subject to Section 301 Duties from the Customs De Minimis Exemption [of $800].
“I think the biggest impact would be on AliExpress imports, …

The post US Customs targets Chinese e-commerce with bid to...

https://theloadstar.com/us-customs-targets-chinese-e-commerce-with-bid-to-reduce-tax-threshold/

Retail begins its long fight back, but the shift is away from bricks and mortar

Citing surging online sales and the migration of its product portfolio to digital offerings, Microsoft announced on Friday it would close its retail stores.
On the same day, H&M revealed it would end 2020 with 40 fewer stores in its chain, and throttle back on new branch openings as it steps up its efforts in e-commerce.
The retail sector is witnessing a massive shift to online selling, in many cases hand in …

The post Retail begins its long fight back, but the shift is away from bricks and...

https://theloadstar.com/retail-begins-its-long-fight-back-but-the-shift-is-away-from-bricks-and-mortar/

Seko Logistics ready to hit acquisition trail in Europe and SE Asia

Seko Logistics is eyeing further expansion this year following its largest acquisition to date, Air-City Inc, last week.
“We have evolved with phases of acquisitive and organic growth, and will continue on that track,” said vice president marketing Brian Bourke.
“We may do a tuck-in acquisition beyond the borders of the US this year: two interesting regions are the EU and South-east Asia,” he added.
Seko says it is looking for companies which, …

The post Seko Logistics ready to hit acquisition...

https://theloadstar.com/seko-logistics-ready-to-hit-acquisition-trail-in-europe-and-se-asia/

Belgium aims to meet e-commerce boom with customs Be-Gate platform

Belgium’s logistics community has launched a new platform aimed at speeding up the growth of its e-commerce market.

Be-Gate was launched by a collective, including Brussels and Liege airports, the ports of Antwerp and Zeebrugge and the country’s customs authority, at Air Cargo Europe in Munich last week.

The head of marketing at Belgium Customs & Excise, Werner Rens, said: “With Be-Gate, we have developed an efficient and effective e-commerce tool.

“It prevents …

The post Belgium aims to meet...

https://theloadstar.com/belgium-aims-to-meet-e-commerce-boom-with-customs-be-gate-platform/