Prime Day helps small sellers grow their business!Amazon has promotions on the following sites

On June 22nd, Amazon's US and European stations issued an announcement to support the business development of small sellers, from June 21, 2022 to July 11, 2022 in the United States , the United Kingdom, Canada , Mexico, Germany, France, Spanish and Japanese sites launch promotions with prizes for buyers of small sellers, and buyers around the world who purchase products from eligible small sellers on the website will have the opportunity to win each Amazon gift card worth up to $5,000 .

U.S. buyers will also receive VIP tickets to the 2023 Super Bowl, New York screening rights to Prime Video's The Lord of the Rings: The Ring of Power, VIP tickets to a music festival sponsored by Amazon Music, and VIP tickets to Amazon Style's new Los Angeles store. trips, and other exclusive prizes. Buyers can earn a chance to win a prize for every dollar they spend on eligible items, including products from Amazon Handmade and Amazon Launchpad.

Source: Amazon Announcement

From June 27th! Amazon's U.S. Business Liability Insurance Program Policy will be updated!

On June 21, Amazon’s US station issued an announcement saying that starting June 27, 2022, Amazon will update Amazon’s US business liability insurance plan policy, if

(i) The seller has more than $1 million in sales in the past 12 months and (ii) a deductible is listed on the certificate of insurance, the policy may include a deductible;

For a sole proprietorship, the name of the insured may match your legal entity name or the name you publicly use to identify your business ("Trade Name", "Business" or "DBA").

Go to the Business Insurance Frequently Asked Questions section for further guidance on how to obtain business liability insurance.

Source: Amazon Announcement

Amazon US Station Launches Brand Referral Bonus! Help sellers increase sales!

On June 21, Amazon US announced that Amazon's brand recommendation bonus will help sellers increase their marketing budgets and sales.

Amazon’s Brand Referral Bonus (BRB) helps sellers further increase their marketing budgets.

When sellers direct non-Amazon marketing traffic to Amazon, you can earn an average 10% increase in promotional sales and a bonus for buyers who purchase any branded product within the following two weeks.

This bonus is awarded in the form of referral fee points.

Source: Amazon Announcement

Amazon deploys delivery drone in small US town, local residents want to shoot it down

On June 21, according to the "Washington Post" report, Amazon's drone delivery is about to land in a small town in California, but the locals don't seem to welcome it. Residents joked about shooting down a drone if it was spotted, while others felt it would invade their privacy, disturb livestock and horses, and "take away" some job seekers' jobs.

Source: E-commerce News

MSC orders 20 more container ships!

On June 21, MSC, in order to continue to expand its market-leading newbuilding orders, has commissioned newbuilding orders for 10 8,100 TEU dual-fuel container ships and 10 11,400 TEU dual-fuel container ships at New Era Shipyard. MSC has been ordering new ships since last year. There are 113 ships under construction (total capacity 1,463,978 TEU), including ships commissioned by ship suppliers.

MSC also said it was revamping its transpacific network, launching a new Zephyr service next month and improving existing Santana and Sentosa services on its Asia-US routes. This new weekly service will enable MSC to provide direct connections from northern China and South Korea to the US Gulf Coast.

Source: Sohang.com

China's port throughput of 116.5 million TEUs from January to May

According to news on June 21, from January to May 2022, Chinese ports transported 116.5 million TEUs, a year-on-year increase of 2.3%. In addition, the cargo volume of Chinese ports in the first five months of this year was 6.251 billion tons, down 0.5% year-on-year.

The chart below shows cargo throughput and container throughput data for twelve major ports in China.

Source: container news

IATA expects freight revenue to reach $191 billion in 2022

On June 21, according to the latest forecast report released by the International Air Transport Association (IATA), cargo revenue in 2022 is expected to reach 191 billion US dollars. “This is down slightly from an estimated $204 billion in 2021, but almost double the $100 billion in 2019,” noted IATA Director General Mr. Walsh. Result. Improved financial outlook requires cost growth to be capped at 44%, while revenue growth is 55%."

High fuel costs are likely to persist for some time as the industry returns to more normal levels, and profitability will depend on continued levels of cost control.

Source: Cross-border logistics Bai Xiaosheng