loading

Customized logistics solutions, your logistics expert in China

Tel:+8613424475220      Email:info@viputrans.com      

English
Home  > NEWS  > Blog  >  Cross-border E-commerce in 2024

Cross-border E-commerce in 2024

2025-01-22

Major events in cross-border E-commerce in 2024.


Between 2023 and 2024, the global logistics industry has experienced multiple challenges. Some major events in cross-border e-commerce in 2024. 

Let's review them below:

image.png

  • The escalation of the Red Sea crisis in January caused global shipping prices to surge to $6,000 per container;

The Houthi armed forces' attacks in the Red Sea region have led to a tense shipping security situation, and major shipping companies have serious disagreements on whether to bypass the Cape of Good Hope in Africa or force their way into the Red Sea.

Maersk and CMA CGM chose to return some ships to the Red Sea, while MSC and Hapag-Lloyd insisted on bypassing.

No matter which route, freight rates are rising sharply, affecting routes from Asia to Europe, the Mediterranean and the East Coast of the United States.

The price of a 40HQ cabinet in Europe has exceeded $4,000, and is expected to rise to $6,000 in January, and will soon rise to more than $10,000. The price of the US route will also rise.

In addition, shipping also faces the risk of delays. Sellers who plan to prepare goods before the Spring Festival should consider shipping in advance.


  • In the cold winter of the cross-border logistics industry in January, freight forwarding companies frequently closed down and went bankrupt;

In January 2024, the cross-border logistics industry encountered a cold winter, and many freight forwarding companies announced the closure or bankruptcy due to economic downturn, industry characteristics, broken capital chain, and running away with money.

Among them, some freight forwarding companies closed down because they could not reverse the predicament, and employees' wages could not be paid in full;

Other freight forwarding companies broke their capital chain, and the goods were piled up in the port, and the cargo owners needed to raise money to redeem the goods.

The freight forwarding industry has a low entry threshold, fierce competition, and frequent problems such as price involution and extended payment terms, which increase the risk of corporate bankruptcy.

Sellers and freight forwarders need to strengthen prevention and avoid risks through background checks and signing written contracts.


  • Belgium will officially implement the new policy of reverse customs clearance from March 1,

    and cross-border sellers must declare in compliance;

The Belgian Customs will officially implement the new policy of reverse customs clearance from March 1, which aims to improve inspection efficiency and eliminate the chaos of low declaration in the industry.

The reverse calculation method is specifically manifested in that the customs system calculates the value of goods that must be declared based on the actual sales link price, deducting fixed fees.

Sellers must submit sales links truthfully when declaring imports. If there is no sales link, reference sales links can be provided.

If the seller fails to declare in compliance, he will face penalties such as back taxes and fines, and may even be blacklisted.

Cross-border sellers need to remain calm and ensure compliance by providing real relevant proof such as purchase contracts, payment vouchers, etc.

As a logistics company with nine years of transportation experience, Newcool International has always adhered to compliant operations, cooperated with professional customs clearance brands in Belgium, 

and controlled the safety of goods in a one-stop manner throughout the entire chain to meet customer needs to the greatest extent.


  • The significant impact of Amazon's new warehouse policy in April on e-commerce logistics and response strategies;

Amazon's new warehouse policy has caused many impacts on e-commerce logistics, including rising costs, reduced efficiency, etc., and changed the distribution of cargo volume.

Logistics companies are under pressure and need to improve their capabilities and increase investment, and market competition has shifted to services and brands.

In order to solve the problem of small cargo operation costs, a new model has emerged in which multiple logistics companies share small cargo channels.

In response to the demand for small-batch warehouse distribution after the new policy, Newcool International Logistics has added an intelligent sorting system, optimized storage space, improved sorting efficiency and accuracy, 

reduced operating costs, and improved customer satisfaction, hoping to quickly resume normal operations.


  • EU tariff reform proposal: Cancellation of the 150 euro tax-free threshold, e-commerce sector faces a big test;

On May 17, 2023, the EU proposed the most comprehensive tariff reform proposal since 1968, aiming to cope with the challenges brought by the substantial increase in trade volume and geopolitical changes.

Among them, the e-commerce sector has become the focus of reform, including the cancellation of tariff-free treatment for goods worth less than 150 euros, and requiring online platforms to assume the responsibility of ensuring that goods comply with customs obligations.

This reform will expose sellers to higher tax costs and product compliance requirements, bringing new challenges to European e-commerce sales.

At the same time, the EU will also set up a new customs administration and data center to improve customs cooperation and information sharing.


  • The bridge collision accident in Maryland, USA in March and its impact on logistics;

On March 26, 2024, the bridge collision accident in Maryland, USA caused a container ship to hit an important bridge, causing the bridge to collapse, casualties, and paralyzing the eastern maritime transportation hub of the Port of Baltimore.

The accident not only interrupted port operations, but also forced logistics companies to reroute transportation, increasing transportation costs and extending delivery time.

In addition, the port closure also affected tens of thousands of jobs, causing huge losses to the local economy.

This emergency highlights the vulnerability of the logistics industry in the face of natural disasters and man-made accidents, and also reminds governments and companies to strengthen risk management to ensure the stability and security of the supply chain.

image.png



  • The United States' strict inspection of T86 customs clearance in June 2024 triggered a cross-border e-commerce logistics crisis;

The US Customs strictly inspected T86 customs clearance, and many customs clearance companies were suspended, resulting in customs clearance difficulties for low-value goods shipped from China to the United States.

The congestion of customs warehouses such as Los Angeles International Airport has intensified, causing a huge impact on sellers' distribution.

This move may seem sudden, but in fact there are signs. The United States continues to strengthen its review of imported goods under the "small exemption" policy, and relevant policies may continue to tighten.

Cross-border e-commerce platforms such as TikTok Shop and TEMU have been greatly affected, and have launched semi-hosting models to avoid risks.

Sellers are advised to pay close attention to the dynamics of the U.S. Customs, formulate emergency plans, and follow the principle of compliance with the sea.


  • In June 2024, COSCO Shipping America West Express SEA3 will make its maiden voyage to Shenzhen Yantian Port;

The maiden voyage ceremony of COSCO Shipping America West Express SEA3 was held at Shenzhen Yantian Port.

The COSCO New Africa shipping, fully loaded with home appliances and e-commerce sellers' products, with about 7,400 TEUs of cargo, sounded the departure whistle, marking the successful maiden voyage of COSCO Shipping Yantian-Long Beach direct route SEA3, 

which will provide a more efficient and convenient shipping channel for the integrated development of the Greater Bay Area and global cross-border industries.


  • Another wave of thunderbolts continues, and the freight forwarding industry is accelerating its clearance;

In July and August, the freight forwarding industry has recently seen frequent thunderbolt incidents. Many companies have run away due to problems such as broken capital chains and overdue payments, causing sellers to suffer heavy losses.

Industry competition is fierce, and problems such as low-price internal volume and extended payment periods have occurred frequently, exacerbating the operating risks of freight forwarding companies.

At the same time, the global economic situation and the decline in freight rates have also put pressure on the profit margins of logistics companies.

In order to save the decline, shipping companies plan to increase freight rates, but uncertain factors such as insufficient market demand and port strikes may affect the trend of freight rates.

The freight forwarding industry is accelerating its reshuffle, and a number of companies are being cleared.


  • USPS announced that it will implement stricter real-time verification of payment documents from August 1;

The United States Postal Service (USPS) recently announced that it will implement stricter real-time verification of payment documents from August 1.

If the payment document fails to pass the verification when the package enters the USPS facility for the first time, the package will be detained immediately, will not re-enter the mail circulation system, and the sender will not receive compensation.

This measure is aimed at combating "water-running accounts", that is, accounts that take advantage of regulatory loopholes of international express companies to evade fees by forging delivery orders, tampering with shipping addresses, etc. 

Merchants need to strengthen compliance management to ensure that payment documents are true and accurate to avoid package detention and economic losses caused by such problems.


  • Amazon warehouse problems frequently occur,

    and the operation of the new warehouse ABQ2 in the western United States cannot solve the urgent problem;

In August 2024, Amazon warehouse problems frequently occurred, and many large warehouses were converted to internal warehouses and no longer accepted third-party goods, which caused sellers to worry.

At the same time, some warehouses frequently had problems, such as the loss of goods in the IND9 warehouse, and the continued existence of warehouse explosions, which caused considerable troubles for sellers.

Although Amazon has accelerated its logistics expansion, such as the operation of the new warehouse ABQ2 in the western United States, it is difficult to alleviate the current problems immediately.

Sellers need to pay close attention to warehouse dynamics and plan shipments reasonably to cope with the challenges of the peak season.

Amazon needs to strengthen warehouse management and improve service quality to maintain the trust of sellers and consumers.

image.png


  • Amazon collects taxes on European local accounts:

From August 1, 2024, a number of service providers including store opening and logistics will be changed from Amazon Services Europe s.àrl (ASE) to AmazonEU s.àrl. (AEU).

For companies established in the UK, Germany, France, Italy, Spain, the Netherlands, Poland, Belgium and Sweden, the local branches of AEU will be responsible for issuing invoices, 

which means that the service fees collected by Amazon will follow local VAT rules.

This change mainly affects cross-border sellers who use European local registered companies. They may face higher costs because Amazon will deduct VAT when charging fees, thus affecting the seller's net income


  • 45,000 workers in 36 ports in the United States went on strike, triggering a logistics crisis due to labor disputes;

In October 2024, about 45,000 workers in 36 ports in the United States went on strike due to labor disputes, which dealt a heavy blow to global trade and the US logistics economy.

The strike reflects deep-seated contradictions at the economic, social and cultural levels, highlighting the awakening of workers' rights awareness and the call for social fairness and justice.

The workers' struggle is not only a fight for treatment, but also a promotion of social change.


The government, enterprises and all sectors of society should work together to balance interests, achieve sustainable economic development, treat workers well, promote social justice, avoid the recurrence of similar crises, 

and move towards a better future together.


  • The results of the US election are announced, and cross-border trade faces new challenges and opportunities;

The results of the US election in November have a significant impact on cross-border trade.

The Trump administration's protectionist policies, such as raising tariffs and strengthening trade restrictions, have brought challenges such as rising costs and tight logistics to cross-border sellers.

These policies may increase the cost of Chinese exports to the United States and hinder sales.

However, the election results also bring a turning point for cross-border e-commerce, and the fate of platforms such as TikTok may change as a result.

In the face of challenges and opportunities, cross-border sellers need to pay close attention to market trends and policy changes, and flexibly adjust their operating strategies to enhance their ability to cope with potential Sino-US trade challenges.


image.png


Whether you are a buyer or a seller, you must always be aware of the policy changes of cross-border e-commerce, so that you can effectively protect your own interests.

Shawn.Liao(Mr.) Phone/Wechat/Whatsapp/Skype: +8618926970495E-MAIL.:sales04@viputrans.com;

If you are interested in cross-border e-commerce transportation, you can contact our company at any time; I can provide you with excellent international transportation services.


Chat Online
Chat Online
Leave Your Message inputting...
Dear customer, Good day, Welcome to VIPUTRANS, please describe the cargo information and demand in advance if urgent case please contact Email:info@viputrans.com/Mobile phone/Whatsapp :+8613424475220/Skype:narrynisha