Zhimeitong | International Highlights
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[U.S. labor shortage, Amazon sends recruits to high schools] Amazon plans to send recruiters to high schools in the United States and Canada, and will lure young workers with high bonuses, college tuition subsidies and wages well above the federal minimum wage, according to reports. .
"Each of Amazon's recruiting departments is responsible for recruiting as many as 50 local warehouses and fulfillment centers," and they're all trying to visit "at least one high school" before the summer, the report said. Amazon says the strategy is less of a new one than one of several recruiting tactics the company is continuing to explore.
[US public transportation mask order extended for another 2 weeks] The US Centers for Disease Control and Prevention announced that the US public transportation mask order will be extended until May 3, during which time passengers on planes, trains and other public transportation must wear masks . It is reported that the current mask mandate was originally scheduled to expire on April 18, but due to the increase in cases in the United States, the Biden administration decided to extend the mask mandate for another 15 days. The number of new cases and hospitalizations in the U.S. has reportedly climbed again in the past few weeks, especially in the northeastern regions of New York, Connecticut, New Jersey and Rhode Island.
[U.S. jobless claims rose slightly, overall at low levels] The U.S. Department of Labor said that in the week ended April 9, initial jobless claims, representing layoffs, rose to 185,000, while The previous week was revised to 167,000. In early April, the number of new jobless claims fell to the lowest level since 1968.
The U.S. unemployment rate fell to 3.6% last month, slightly above pre-pandemic levels. Over the past six months, employers have added an average of 600,000 jobs per month.
[U.S. housing costs soaring: Mortgage rates hit 5% for the first time since early 2011] The data showed that the average 30-year mortgage rate in the United States jumped further from 4.72% to 5%, while the last time it reached 5% % is in February 2011. The hit to buyer affordability from rising interest rates has been the equivalent of an additional 20 per cent increase in house prices since the start of the year.
[US wholesale prices of consumer goods increased by 11.2% in March] According to data, the wholesale prices of consumer goods in the United States rose 1.4% in March compared with February, reaching an annual increase of 11.2%. The inflation rate affecting the US economy did not show a slowdown. sign.
[Renewable energy prices in North America and Europe have risen sharply] According to data from the US "Tier 10 Energy" company, the prices of renewable energy contracts in North America and Europe have risen by 28.5% and 27.5% respectively in the past year. In the first quarter of this year alone, North American and European renewable energy contract prices rose by 9.7% and 8.6%, respectively.
[US media: US military confirms that an interstellar meteor collided with Earth in 2014] According to news, according to documents recently released by the US Space Command, researchers have discovered the first known interstellar meteor to hit Earth. CNN said that interstellar meteors are a type of space rock from outside the solar system, which is really rare. The report also said the meteor, known as CNEOS 2014-01-08, crashed off the northeastern coast of Papua New Guinea on January 8, 2014.
[Sensor Tower: Douyin and TikTok attract more than $308 million in global gold in March] Sensor Tower data shows that in March 2022 Douyin and its overseas version of Douyin (TikTok) are in the global Apple Store (App Store) and Google Play (Google Play) ) attracted more than 308 million US dollars, 2.1 times that of the same period last year, and ranked first in the global mobile application (non-game) revenue list. Among them, about 45.6% of the revenue came from the Chinese version of Douyin; the US market ranked second, contributing 18.8% of the revenue; the Saudi Arabian market ranked third, accounting for 4.2%.
Source: Sensor Tower
In his first shareholder letter as leader of the e-commerce giant, Amazon CEO Andy Jassy said he wants to improve worker safety. Incidents at Amazon's warehouses are slightly above the peer average, and slightly below the peer average in express and delivery operations, Jassy said. In general, it is basically the same as other companies.
[FedEx (FedEx) Sales Collective Salary Cut] According to reports, in order to reduce costs, FedEx (FedEx) has reduced the base salary of hundreds of internal sales staff. It is reported that based on the adjusted salary level, the minimum annual salary of FedEx sales employees is $50,000, and the annual salary before the salary reduction will be $38,000. Additionally, FedEx will no longer require its inside sales applicants to have a college degree. Instead, applicants will be required to have a high school diploma or general education certificate.
[Analysts cut the price target of Google parent company Alphabet to $3,300] Analyst Kulkarni lowered the target price of Google parent company Alphabet to $3,300 from $3,375, but maintained his buy rating. Taking into account the direct impact of the Russian-Ukrainian conflict, as well as the indirect impact that spills over to Europe, and inflation impacted consumer spending, Kulkarni said. The analyst has become more cautious about its macro online advertising industry in the first quarter.
[Google Google Pay digital wallet exposure: the icon Logo is a blue leather case with a colorful card embedded] According to reports, although Google Pay has barely grown, it may soon receive a long-lost important update, turning it into a "" A comprehensive digital wallet". Google appears to be testing a new wallet icon, signaling that a new era of Google Pay is on the horizon, with the service transforming from a payment option to a full digital wallet.
Source: Google
[With nearly half of the cut, Facebook's parent company Meta plans to charge 47.5% of the Metaverse platform sales fee] According to reports, Facebook's parent company Meta plans to sell digital assets on its VR (virtual reality) social platform Horizon Worlds. A 47.5 percent cut is taken as part of the company’s plan to create what it calls a “metaverse.”
A Meta spokesperson confirmed to the media that the company will take up to 47.5% of the total fee from each virtual asset transaction: this includes a 30% "hardware platform fee" from the Meta Quest Store, and a 17.5% fee from the Horizon Worlds platform.
[Twitter rose nearly 6%, Musk proposed to buy Twitter for about $43 billion] According to news, Twitter rose nearly 6%, Musk proposed to buy Twitter for about $43 billion. Twitter's board of directors will meet to discuss Tesla CEO Elon Musk's takeover proposal. Elon Musk has offered to buy Twitter for $54.20 per share in cash, in a deal worth $43 billion, and take it private, according to a 13D filing released by the U.S. Securities and Exchange Commission (SEC).
Peloton shareholders renew push to sell company: Shareholders are in a worse position now than before • Little progress has been made under Barry McCarthy. Shareholders believe that Peloton's strong brand, professional technology, charismatic fitness trainers and loyal subscriber base could create a more attractive business.
[U.S. food delivery platform DoorDash launches DashPass membership for college students nationwide] According to reports, the US food delivery platform company DoorDash has announced the launch of the DashPass for Students program, a new membership program for college students for only $4.99 per month. Students can get anything they need from thousands of eligible restaurants, convenience stores, grocery stores, and retailers across the country on on-demand home delivery. Plus, get a 10% discount on the subtotal of orders throughout the year. Users can also cancel orders at any time in the app or on the website with no additional fees or penalties.
[Canada makes the third double-reverse sunset review final ruling on China-related copper pipe fittings] Canada Border Services Agency (CBSA) made a third ruling on Copper Pipe Fittings originating in or imported from China, the United States and South Korea The second anti-dumping sunset review final ruling and the third anti-subsidy sunset review final ruling for copper pipe fittings originating in or imported from China: If the current anti-dumping and countervailing measures are cancelled, the dumping and government subsidies of the products involved in Canada will be continue or reoccur. The Canadian International Trade Tribunal (CITT) is expected to make a final ruling on industrial injury by double-reverse sunset review in this case before September 14, 2022. The Canadian tax numbers of the products involved are 7412.10.00.11, 7412.10.00.19, 7412.10.00.90, 7412.20.00.11, 7412.20.00.12, 7412.20.00.19, 7412.20.00.90.
[Tesco's annual revenue was 2.65 billion pounds, and its online market share increased to 34.8%] According to foreign media reports, the UK's largest retailer Tesco (Tesco) recently released its 2021-2022 financial report as of February 26. According to the financial report, Tesco’s revenue was 2.65 billion pounds (3.45 billion U.S. dollars), a year-on-year increase of 36%, meeting expectations. According to reports, as of February 26, Tesco's share of the UK online market increased to 34.8%. And, occupy more than 27% of the UK grocery market. Clubcard, the loyalty program owned by Tesco, has 9 million users.
[Aviat Networks Announces Acquisition of Redline Communications] Wireless transport solutions provider Aviat Networks announced that it has agreed to acquire Redline Communications, a provider of mission-critical data infrastructure, for a transaction price CAD 16.2 million (approximately $12.8 million). Under the terms of the deal, Aviat will acquire Redline's outstanding shares for C$0.90 per share. Aviat said it expects to fully fund the deal with available cash. The company also said the acquisition is expected to be accretive to adjusted EBITDA, non-GAAP earnings per share and free cash flow in the first year.
[German Finance Minister: The European Central Bank cannot ensure economic growth, but prices should be stabilized] The German Finance Minister said that inflation is the biggest threat to public finances, and the European Central Bank should take action to complete its task of stabilizing prices. The European Central Bank kept its policy stance largely unchanged on Thursday. "The ECB's job is to ensure price stability," he said in an interview. "The ECB cannot provide economic growth. Higher prices threaten investment appetite and undermine consumption. Inflation is the biggest threat to public finances and prosperity."
[German poll: most people are reluctant to "freeze for freedom"] Previously, some dignitaries, including the former German president, had said that Germany should give up energy imports from Russia in order to support Ukraine, and issued a "freeze for freedom" "the sound of. However, according to a poll by the Allensbach Institute for Public Opinion Research in Germany, 71% of the respondents are worried about rising energy prices in Germany, and 76% of Germans disagree with the statement of "freezing for freedom". , of which 59% expressed "clear opposition".
[Sweden's March inflation rate reached its highest level in 30 years] Data showed that Sweden's fixed-rate consumer price index (CPIF) rose sharply in March, rising 6.1% year-on-year, compared with 4.5% in February. According to Swedish TV, this is the highest level of inflation in Sweden since 1991. In addition, Finland also experienced the fastest price rise since the 1990s in March. According to Statistics Finland, inflation in Finland was 5.8% in March.
[Australian government imposes sanctions on 14 Russian state-owned enterprises] The Australian Foreign Minister issued a media statement, saying that 14 Russian state-owned enterprises were sanctioned, involving defense, transportation, electronic parts and other fields. According to Russian media reports, the targets of Australia’s sanctions include Russian companies such as Gazprom and Rosneft.
[World Bank: Sub-Saharan Africa's economic growth rate will fall to 3.6% this year] The World Bank released the latest edition of the Africa Regional Economic Outlook report, saying that sub-Saharan Africa is facing a mutated new crown virus, inflation, supply disruption, climate change and Russia. Due to multiple shocks such as the conflict in Ukraine, the region's economy is expected to grow by 3.6% in 2022, down from 4% in 2021.
[Japan's House of Representatives passed a bill to strengthen sanctions against Russia to revoke most-favored-nation treatment to Russia] The plenary session of the Japanese House of Representatives passed a bill to strengthen economic sanctions against Russia. Two are amendments to the Act on Temporary Tariff Measures to revoke most-favored-nation treatment for Russia in trade, and amendments to the Foreign Exchange Act to prevent crypto assets from becoming a loophole for sanctions.
[Toyota and Lexus recall nearly 90,000 vehicles in Japan involving abnormal electronic stability systems and front shock absorbers not welded to the body] Japan's Ministry of Land, Infrastructure, Transport and Tourism announced the recall of Toyota Land Cruiser 300, RAV4, Harrier, Mirai, and Lexus' new NX , LX600, LS500h and other 11 models, a total of 88,161 units. The reasons for the recall mainly involve two aspects. One is that due to the abnormal control program of the electronic stability system (VSC), if the VSC function is turned off and the brake pedal is pressed to turn off the vehicle and restart the vehicle, the VSC will still be turned off. It will cause the electronic stability system to not function properly. Another reason is that because the mounting part of the shock absorber in the engine compartment is not welded to the body, long-term use will cause cracks in this part, and in extreme cases, the shock absorber will fall off, affecting the driving stability.
Zhimeitong | Logistics Highlights
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[Yantian International added 3 new U.S.-Canada routes within half a month involving Maersk and Yixing Shipping] According to Yantian International Container Terminal Co., Ltd., from March 27 to April 10, Yantian International intensively welcomed 3 new U.S.-Canada routes during the 14-day period. Route and 1 route with upgraded service, they are Maersk's new US-East route "TP28" and upgraded service "TP20", Star Line Canada route "ZNP" and US-East E-Commerce Express "ZXB". Yantian International continues to enrich its route layout according to market demand, and has added 7 international routes since the beginning of this year. According to reports, in the first quarter of this year, due to the continuous congestion of foreign ports, the shipping schedule is still very unstable. There are often temporary cancellations of calls at Yantian Port. At the same time, there are some unexpected factors in the local environment that exceed expectations. The growth of foreign trade containers faces many risks and challenges. Due to factors such as a high throughput base, more efforts will be required to achieve the full-year target.
[DHL Express opens the Shenzhen-Leipzig cargo route, improving the China-Europe international cargo air route] DHL Express opens the cargo flight from Shenzhen to Leipzig. This move will further strengthen the cargo air capacity from South China to Europe and promote trade with Europe. The route is operated by AeroLogic, a partnership between DHL and Lufthansa Cargo, and is operated by Boeing 777 all-cargo aircraft with six flights per week. The flight takes off from the Shenzhen port of DHL Express, passes through Delhi, India, and the destination is the hub of Leipzig, Germany. It will bring more than 500 tons of shipping capacity from Shenzhen to Europe every week.
[German retail giant Lidl added 20,000 TEU of shipping capacity after announcing the establishment of a shipping company] It is reported that shortly after the German retail giant Lidl announced the establishment of its own shipping company, it has made new moves in expanding its shipping capacity, involving a total shipping capacity of nearly 20,000. TEU. Lidl has purchased a 5,527 TEU container ship from Hamburg shipowner Peter Dohle Schiffahrtssh, reports said. At the same time, it has also leased three container ships from a number of shipowners with a lease term of up to 4 years.
[CMA CGM: No more plastic waste will be loaded from April 15] The global shipping company CMA CGM has decided to change the date of banning the use of plastic on its ships to strengthen its commitment to protecting the ocean and biodiversity promise. Earlier in February, the French liner operator initially announced that it would stop using ships to transport any plastic waste from June 1. Now, CMA CGM has confirmed that it will change the application date to April 15.
[Affected by the epidemic in Shanghai, CMA CGM and MSC have formulated new regulations to charge port change fees] Recently, due to the impact of the epidemic in Shanghai, it has become more difficult to delay delivery in the shipping market. In this regard, CMA CGM and MSC have issued relevant suggestions and charging policies. Mediterranean Sea (MSC) said that if cargo owners wish to change the destination port, please contact MSC as soon as possible. In addition to operating costs, port change fees will also be charged. CMA CGM said that for customers who decide in advance to transport reefer containers from Shanghai Port to other alternative ports, CMA CGM will waive port change fees.
[COSCO SHIPPING Special Shipping's first batch of 15 auto carriers orders will be signed soon] COSCO SHIPPING Special Shipping's first batch of 15 auto carrier orders with a total value of more than 8.2 billion yuan is about to be finalized. According to reports, COSCO SHIPPING Special Transport has selected three shipyards: Guangzhou Shipyard International, Mawei Shipbuilding and Waigaoqiao Shipbuilding. Among them, Guangzhou Shipbuilding International and Mawei Shipbuilding will respectively undertake orders for six 7,500-space LNG-powered car carriers, while Waigaoqiao Shipbuilding will 3 more will be built. The cost of each ship is about 86 million US dollars, and the total price is about 1.29 billion US dollars (about 8.211 billion yuan). The new ships are scheduled to be delivered between 2024 and 2025.
[Cainiao launches Hangzhou-Singapore medium and large charter aircraft] Cainiao has upgraded its Hangzhou-Singapore freight charter aircraft, and launched a medium and large freighter that flies 3 times a week, with twice the cargo capacity of the previous model. Among the e-commerce goods carried, mainly domestic clothing and consumer electronics products. After the upgrade of the aircraft, the expansion of the space has alleviated the problem of unshipped goods in East China affected by the epidemic.
[Ministry of Transport: Do not suspend crew changes on ships on international voyages without authorization] The Ministry of Transport recently issued the "Ministry of Transport's Notice on Further Doing a Good Job in the Work of Crew Changes on Ships on International Voyages", urging all transport departments (bureaus, commissions), all directly under The Maritime Safety Administration promotes the crew change of ships on international voyages in a safe and orderly manner . The "Notice" clearly states that the crew change of ships on international voyages shall not be suspended without authorization.
Zhimeitong | Domestic Highlights
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[China National Textile and Apparel Council: Textile and apparel exports in the first quarter increased by 11.2% year-on-year ] In the first quarter of this year, China's textile and apparel exports were US$72.25 billion, an increase of 11.2% year-on-year. Among them, textile exports were 36.57 billion US dollars, a year-on-year increase of 15.1%; apparel exports were 35.68 billion US dollars, a year-on-year increase of 7.4%. Among them, in March, the export of textiles was 11.83 billion US dollars, a year-on-year increase of 22.4%, which was 7.7 percentage points higher than the year-on-year growth rate of national goods exports.
[Ministry of Commerce: The amount of service outsourcing contracts undertaken by Chinese enterprises in the first quarter was 488.1 billion yuan] The spokesperson of the Ministry of Commerce introduced the situation of China's service outsourcing in the first quarter of this year. She said that from January to March 2022, the amount of service outsourcing contracts undertaken by Chinese enterprises was 488.1 billion yuan, and the executed value was 318.5 billion yuan, an increase of 10.3% and 17.2% year-on-year respectively.
[Organization: The retail price of refined oil products will be capped at 24:00 on the 15th or welcome the first round of reduction in 2022 ] The agency stated that the retail price of domestic refined oil products will be capped at 24:00 tomorrow night (April 15) or welcome a reduction, which will be the beginning of 2022. The first round of downgrades since. According to the data of Zhuochuang Information, as of the close on April 13, that is, the 9th working day of the domestic product oil pricing cycle, the reference crude oil change rate was -13.95%, and the corresponding gasoline and diesel prices should be reduced by 605 yuan / ton, equivalent to After the price increase, 92# gasoline will be reduced by 0.48 yuan/liter, 0# diesel will be reduced by 0.51 yuan/liter, and the price adjustment window will be at 24:00 on April 15.
[Guangzhou: Supporting the Development of the Whole Industry Chain of Parallel Import of Automobiles ] "Guangzhou's Opinions on Further Promoting the Pilot Work of Parallel Import of Automobiles" was officially released on April 14. Opinions put forward to support the development of the whole industry chain of parallel import of automobiles. Greater efforts will be made to improve the business environment for parallel-imported vehicles, and companies in the supply chain related to the trade, sales, agency, and financing of parallel-imported vehicles will be encouraged to gather in Nansha. Support the pilot enterprises of parallel import of automobiles to promote the development of brand and group operation. Introduce qualified CCC certification (compulsory product certification system) testing and environmental testing laboratories to improve trade facilitation and reduce import compliance costs for enterprises. Support pilot enterprises to expand parallel car imports, CCC certification, display outside the bonded area, and build car testing or compliance rectification sites at Nansha Port. Support pilot enterprises to increase the bank credit line for auto trade by means of restructuring and capital increase, and further expand the scale of auto trade. Seize the opportunity of Guangzhou to cultivate and build an international consumption center city, and guide enterprises to import more products that meet the needs of different consumer groups.
Zhimeitong | E-commerce highlights
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[Dunhuang.com adds Lenzing brand intellectual property protection] Dunhuang.com released an announcement on the new Lenzing brand intellectual property protection. The announcement stated that recently, the platform has received relevant complaints from relevant brands, and some of the products sold by sellers involve infringement of the relevant intellectual property rights of the Lenzing brand. Sellers are requested to conduct self-inspection on the product information of the store (including the products that have been removed from the shelves). If unauthorized, please delete the relevant products immediately.
The announcement reminds sellers to conduct self-inspection in a timely manner to ensure that all products in the store do not infringe intellectual property rights. If in the process of monitoring or review, it is found that there is an infringement problem in the seller's account, the platform will punish according to the relevant rules of the "Dunhuang.com Seller Violation Management Rules". If the violation is serious, the platform will directly impose a penalty of closing the account.
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