How The U.S. / Europe Travel Restrictions May Impact U.S. Postal Service, UPS, FedEx, DHL and Air Cargo Shipments
Last night President Trump released a proclamation that imposes travel restrictions from Europe to the U.S. in an effort to slow down the fast-spreading coronavirus outbreak. During his televised speech, he simplified his proclamation and misspoke at one point. In doing so, the President created some confusion about who and what it impacts. Even quickly […]
VISA Study Shows Online Merchants Expect Growth Through Global Sales
Online businesses see a world of opportunity for cross-border sales and executives are ready to take action. According to The Visa Global Merchant eCommerce Study (Visa GME Study), eCommerce leaders globally view international expansion and finding new cross-border customers as critical to driving growth, particularly heading into the prime holiday shopping period. A vast majority […]
DHL Global Trade Barometer Shows Global Trade Continues at Moderate Pace
The DHL Global Trade Barometer (GTB) indicates a further contraction in world trade for the next three months. The overall trade outlook is reduced by -2 points, to a new index value of 45. That means that global trade continues to lose momentum, albeit mildly. Against the previous updates, the downward tendency is largely moderate […]
Chinese Shoppers to Snub American Brands on Singles Day
It looks like Singles Day is going to be a gloomy, fruitless day for American brands as 78% of Chinese consumers plan to snub them and opt for local brands, according to a report by consulting firm AlixPartners. The report was based on a survey of 2,000+ Chinese adult shoppers that was conducted last month […]
DHL Global Trade Barometer Predicts Sluggish Trade Momentum
UK shows improved outlook despite unresolved Brexit Germany and India maintain a positive growth outlook US and China reveal sharply lower trade volumes DHL Global Trade Barometer (GTD) For the first time since its launch in January 2018, the DHL Global Trade Barometer shows a slight contraction of worldwide trade for the next three months. […]
DHL Report: Despite Challenges Globalization Hits New Record Highs
DHL released its fifth edition of the DHL Global Connectedness Index (GCI) – a detailed analysis of globalization, measured by international flows of trade, capital, information and people. The new GCI report represents the first comprehensive assessment of developments in globalization across 169 countries and territories since the Brexit referendum in the United Kingdom and […]
Report Says 34% of UK Shoppers Regularly Buy From Abroad
UK Shoppers are increasingly turning to overseas retailers for their fashion fix according to research by delivery management company Whistl. Over a third (34%) of savvy shoppers are regularly shunning UK retailers and purchase from abroad with 15% making an online purchase from an overseas retailer at least once a week. The driving force behind […]
Trump Administration Latest China Tariffs Could Impact Small Business Online Sellers
The Trump administration announced a new list of tariffs on Chinese products on Monday that may impact up to $200 billion in goods. In a statement, the Office of the United States Trade Representative, an executive office of the President of the United States, said” “As part of the United States’ continuing response to China’s […]
Impact of U.S. Sales Tax Decision on International Sellers
Note: Please read disclaimer section at bottom of this article! Last week the Supreme Court of The United States issues an opinion on a case involving when online sellers must collect sales tax. In quick review. Sales Tax in the U.S. is managed by states, not on the federal level. So each state can set […]
Selling Cross Border with Newegg
For a number of years, Cross Border Trade has been an enormous opportunity for eCommerce businesses and to this day the opportunity is showing no signs of slowing down. Our friends over at Newegg and World First have teamed up to produce a fantastic Whitepaper talking about the rise of the marketplace and the global […]