STU Supply Chain - Global Logistics and International Shipping

Demand for shipping fresh food by sea is twice as high as for other products, Delurie Shipping analysts have found. Reefers, or refrigerated containers, can keep food fresh for up to a month or more, facilitating distributors' ability to ship fresh products like orange juice and lobster around the world. In the past, only large banana dealers like Chiquita Brands International have been able to pay for large refrigerated bays on cargo ships, purchasing space to transport bananas. In addition, the increasing wealth of populations around the world, particularly in Asia, has fueled demand for higher-value foods. For the growing middle class, basic foods such as rice are no longer enough to satisfy their needs. They need more fruits, vegetables, and fresh meats, which will facilitate the entire industry to transport more products that require refrigerated management. Reefer containers account for 7% of total container volume, but demand has been increasing at an average annual growth r...

In 2021, the e-commerce market scale gradually returned to the growth rate before the epidemic, global supply chain disruption, soaring freight prices, Amazon brand acquirers, platform advertising and other diversified "play" debut, Shopify's "pan-platforming" attempts, various platforms In the year of 2020-2021, the market of cross-border e-commerce is expected to grow steadily with the help of various platforms, sellers and service providers. From 2020 to 2021, the e-commerce market will experience explosive growth. Taking the U.S. market as an example, from the second quarter of 2020 to the first quarter of 2021, the quarterly year-on-year increase in U.S. online retail sales were above 40%. By the first quarter of 2022, U.S. online retail sales reached $231.35 billion, up a modest 6.7% from $216.74 billion in the same period last year. Compared to the second half of 2021, the growth rate has slowed, gradually returning to pre-epidemic levels. Amazon: The Bes...

The transaction of an international trade order often starts with the payment. Below we will briefly list several common payment methods and the problems that will be encountered. Payment is distinguished by the account received: 1. Public accounts: T/T, L/C, D/P, D/A, O/A 2. Private accounts: Western Union, Paypal, MoneyGram, T/T Below we introduce you to 8 Types of Payment Terms for Exports： T/T , L/C, D/P, D/A, Western Union, Paypal, MoneyGram, O/A T/T (Telegraphic Transfer) T/T (Telegraphic Transfer) is a remittance method in which a remitter sends a telex or telefax to a branch or correspondent bank in another country (i.e., the remitting bank) at the request of the remitter, instructing it to pay a certain amount to the recipient. T/T payment method is settled by cash in foreign currency, your customer will remit the money to your company's designated foreign exchange bank account, T/T belongs to commercial credit, after the goods are ready, if the customer will pay the full ...