Zhimeitong | International Highlights

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[The drop in international logistics costs will obviously help reduce costs] Cross-border e-commerce practitioners said that international logistics costs have dropped significantly recently. Now the sea freight per cubic meter of cross-border e-commerce exports has dropped from the highest of 30 yuan last year to about 16 yuan. ; Air freight dropped from 80 yuan at the peak of last year to more than 30 yuan per kilogram. The shipping cost for containers sent from Shenzhen to West America has dropped from the highest of US$17,000 last year to around US$8,500-9,000.

[Amazon to increase FBA fees in Europe starting March 31] Fulfillment by Amazon (FBA) fulfillment fee changes will take effect on March 31, 2022 for all Amazon European marketplaces (UK, Germany, France, Italy, Spain, Netherlands, Sweden and Poland). The fee change involves the following three aspects:

Shipping Fee Size and Weight Tier Changes

Shipping Fee Rate Changes

FBA Small and Light size and weight tiers and rate changes

Reply to "European FBA" in the background of the official account to obtain the details of the change

[Federal Reserve: Fiscal stimulus may be an important reason for high U.S. inflation] A San Francisco Fed researcher pointed out that one of the reasons for the increase in U.S. consumer prices than other developed economies may be the huge government support provided to the American people during the epidemic. Fiscal support measures aimed at countering the major economic fallout from the outbreak are likely to raise inflation by about 3 percentage points by the end of 2021, leading to the divergence. Without these spending measures, however, the economy could slip into outright deflation, slowing growth, the consequences of which would be harder to deal with.

[U.S. restores super-high fines for fuel vehicles] The National Highway Traffic Safety Administration (NHTSA) has reinstated higher fines for automakers that have failed to meet fuel efficiency requirements in recent years, which is a big surprise for Tesla. Victory, but for other automakers, it means hundreds of millions of dollars in losses.

[U.S. President Biden proposes an annual budget of $5.8 trillion for fiscal year 2023] U.S. President Biden proposes an annual budget of $5.8 trillion for fiscal year 2023, and the budget proposal predicts a deficit of $1.15 trillion for fiscal year 2023. Budget 2023 would raise taxes on the super-rich and corporations, increase defense and police spending, and the budget proposal would require those with assets of more than $100 million to pay at least 20 percent of federal income tax.

[Rent prices in major U.S. cities hit record highs] Data shows that housing rents in major U.S. cities have reached an all-time high. According to reports, in February 2022, the rent for a home with less than two bedrooms in large urban areas in the United States rose to an average of $1,792 per month, reaching an all-time high and an average increase of 17.1% compared to February last year. The three largest increases over the year were all in Florida, with Miami, Orlando and Tampa seeing increases of 55.3%, 35.4% and 32.3%, respectively.

Walmart will stop selling cigarettes in some U.S. stores, according to people familiar with the situation, after the company's leadership wrestled with the sales of tobacco products for years, according to people familiar with the matter. A spokesman for Walmart, which has more than 4,700 U.S. stores, said the company was removing tobacco products from select stores to make more efficient use of those spaces. She would not say how many stores will continue to sell cigarettes, but said Walmart has not stopped all tobacco sales.

According to reports, the EU antitrust chief said that although Amazon, Microsoft and Google dominate the cloud computing market, there are currently no competition concerns. In cloud computing, Amazon and Microsoft are the two largest players, with Google a close second. Today, cloud computing has become a big driver of business growth for big tech companies. Last year, Amazon generated 13% of its revenue and 74% of its operating profit from its cloud service AWS.

[Amazon launches refugee employee support program] Amazon has launched a new program to provide resources and support for refugee and humanitarian immigrant employees. Amazon also opened its largest "humanitarian aid center" to date.

Amazon has launched a new initiative called “Welcome Door” for refugee and humanitarian immigrant workers, which includes a citizen assistance portal, free legal support, tutoring, and reimbursement for employment authorization documents. The program also provides opportunities for employees to improve their skills, including free college tuition and proficiency in English through Amazon’s Career Options program.

[Canada initiates a double-anti-counterfeit investigation into China's drill pipe] The Canadian Border Services Agency (CBSA) issued an announcement stating that in response to an application submitted by a Canadian company Command Drilling Products Ltd. Start anti-dumping and anti-subsidy investigations to investigate whether there is dumping and/or subsidy on imported goods. The customs codes of the products involved are 7304.23.00.10, 7304.23.00.20, 8431.43.00.20 and 8431.43.00.90.

[Trend Time: DRAM prices are expected to drop by 0~5% in the second quarter] According to TrendForce 's forecast, the overall average DRAM price in the second quarter will drop by about 0~5%. On the demand side, such as PCs, laptops, smartphones, etc., affected by the recent conflict between Russia and Ukraine and high inflation, consumers' purchasing power has been weakened. At present, only the server side is the main source of memory demand, so the overall DRAM supply in the second quarter is still oversupplied. .

[It is reported that Apple has cut orders for AirPods earphones, reducing production by more than 10 million units this year] According to reports, Apple has cut orders for AirPods earphones, reducing production by more than 10 million units this year, due to the expected moderate demand. Hope to reduce inventory levels. Apple shipped 76.8 million AirPods last year, according to Counterpoint Research, but overall shipments in 2022 are likely to decline, people familiar with the matter said.

[Apple was fined another 5 million euros by the Dutch antitrust agency for a total of 50 million euros] According to reports, Apple was again fined 5 million euros (about 35.1 million yuan) by the Dutch Consumer and Market Authority (ACM) today because the company Failure to adequately comply with mandatory alternative payment system requirements for dating apps. The dispute between the two sides has been unresolved for months after Apple did not allow dating software developers to use non-Apple payment methods in the Netherlands, causing dissatisfaction with Dutch regulators. Since the dispute in January, the Netherlands has fined Apple 10 times, totaling 50 million euros.

[Apple collects Maps Street View data from walking human backpacks across the UK] Apple today reportedly started a new ground survey in various parts of the UK, including London, Manchester and Birmingham, to collect pedestrian data from Apple Maps. As you can see in the image, Apple workers are wearing a large backpack covered with cameras and sensors that will collect map data for more than 85 specific towns and boroughs.

Source: Sina

[French fuel prices rose again to near record highs] The French Ministry of Ecological Transition stated that after two weeks of decline, French fuel prices rose again last week, approaching the previous record highs again. In the past week, the price of French diesel has risen by 14 euro cents per liter, or about 1 yuan, to 2.1165 euros per liter, or about 14.86 yuan. According to the media, the first round of the French presidential election is imminent, and oil prices and rising prices will surely become the main topics of the presidential debate.

[EU files lawsuit against the WTO over the UK green energy subsidy scheme] The European Commission files a lawsuit against the WTO over the UK green energy subsidy scheme. The European Commission said in a statement released on the same day that the UK government is using criteria in favour of British companies when it provides subsidies for its offshore wind projects. "This violates the core WTO principle that imported products must be able to compete on an equal footing with domestic products," the statement said. "This move also harms EU suppliers in the green energy sector, including numerous small and medium-sized enterprises."

[Bank of England: UK economic growth will slow due to the largest energy price shock in 50 years] The governor of the Bank of England said that due to the largest energy price shock in 50 years, British economic growth will slow down. He noted that as prices for gas, electricity and other goods and services surged, there were signs consumers and businesses had slowed demand under heavy pressure from the cost of living crunch. According to analysis by industry institutions, the inflation rate in the UK may reach 8% in spring after the sharp rise in UK gas and electricity bills on April 1.

[Morocco launched the first safeguard measure sunset review investigation on imported composite panels] The Ministry of Industry, Trade, Green and Digital Economy of Morocco issued Announcement No./2022, in response to the application of domestic enterprises in Morocco, the import of composite panels (panneau de bois) was launched The first safeguard measures sunset review case investigation. This case involves products under Morocco’s January 1, 2022 royalty numbers 4410.11.20.90, 4410.11.30.90, 4410.19.92.90, and 4410.19.93.90. The announcement will take effect from the day after it is issued.

[South Korea's energy imports surged 85% this year] According to data from the Korea Customs Service, due to rising international energy prices, South Korea's energy imports have surged by more than 85% year-on-year this year, increasing the pressure on South Korea to maintain trade balance and control consumer inflation.

Zhimeitong | Logistics Highlights

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[Baltic dry bulk index fell more than 2% as capesize rates softened] The Baltic dry bulk index fell on Monday as capesize rates fell for the ninth consecutive session. The Baltic index for overall dry bulk fell 60 points, or 2.36%, to 2,484. The capesize index fell 153 points, or 8.1%, to 1,734. Average daily profit for capesize vessels fell by $1,268 to $14,380. The panamax index rose 3 points to 3,416.

[Contract expires, FedEx subsidiary closes 4 warehouses] According to reports, due to the contract expiration, FedEx Supply Chain (FedEx Supply Chain), a subsidiary of FedEx, announced that it will close its facilities in California and Pennsylvania this year. and 4 warehouses in Tennessee. It is understood that the adjustment will affect about 450 employees, and FedEx is offering employees the opportunity to change jobs.

[Wan Hai ordered five 13,100 TEU container ships for about US$700 million] Wan Hai Shipping and Samsung Heavy Industries held an online signing ceremony for the construction of five 13,100 TEU container ships. According to Wan Hai Shipping’s announcement, the order was ordered by Wan Hai Shipping Singapore Co., Ltd., a subsidiary of Wan Hai Shipping. It is understood that the five new ships are scheduled to be completed and delivered in 2024.

[Dimerco Opens China-Mexico Air Road Service] Freight forwarder Dimerco is offering a new China-to-Mexico bonded air service via the U.S. as it looks to address the lack of direct cargo flights on the route. The new Air+Road service utilizes air freight from China to Los Angeles or Dallas, and then cross-border trucks deliver the goods to the Mexico International Cargo Airport closest to the recipient.

Zhimeitong | Domestic Highlights

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[Tesla Shanghai factory will stop production for 4 days today] Affected by Shanghai's epidemic prevention policy, automaker Tesla plans to suspend production activities at its super factory in Shanghai from Monday (March 28), and the suspension will last for 4 days. days, and workers and suppliers have been notified.

Zhimeitong | E-commerce highlights

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[Amazon's new "Search Catalog Performance" function] A new brand analysis test function has been added to the brand interface of Amazon's background: Search Catalog Performance, the Chinese name is Search Catalog Performance. According to reports, the data here is an analysis report provided by Amazon based on the search data of shoppers. You can choose the scope of the report, choose the number of weeks, choose the brand, choose the ASIN, and after setting the parameters, you can directly generate the relevant report data.

[Shopee Cross-border Customer Service System Migration Notice] Shopee announced that the Shopee cross-border seller customer service system will be migrated to the old and new systems. Therefore, starting from 0:00 on March 29, the acceptance time limit of consultation channels such as hotline, online chat and email will be affected to varying degrees. Thank you sellers for your understanding and continued support. The Shopee cross-border seller support team will make every effort to reduce the impact of the system migration.

[Etsy Updates "Etsy Ads" Tool] Etsy announces an update to its "Etsy Ads" tool. Through this upgrade, sellers will be able to promote more products and make timely adjustments to their advertising strategies. According to Etsy's announcement, sellers can now view the click-through rate and return on ad spend (ROAS) of each listing on the Ads Dashboard, giving you a clear idea of ​​how many clicks on your ad are and how much you're earning on your investment.

[Wish Appoints New General Manager Todd Li in China] The parent company of Wish, a global mobile e-commerce platform, announced that it has appointed Todd Li as the general manager of Wish China, and is fully responsible for the investment, operation and market development strategies of Wish China. Reporting to Wish's chief financial officer, Todd Li has made the appointment effective.

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