December 15 – Alibaba Announces Launch of Reverse Logistics Channel to Offer Return Service to Hong Kong CustomersCainiao, the logistics arm of Alibaba Group, announced that 85% of goods purchased on Alibaba’s platforms, including Taobao and Tmall, delivered by Cainiao will be eligible for returns within seven days for their customers in Hong Kong. Plans to launch a direct…
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Container Lines Own the Leverage
At the beginning of every contract negotiation period, the shipping industry speculates whether the carriers or the shippers have the leverage to drive the contract negotiations. There is no speculation heading into the 2021 contract process. The carriers have 100% of the power barring a major collapse in the global economy. Shippers that fail to accept the new carrier tactics…
CONTINUE READINGBiden Administration Trade and Counterfeit Policies
Despite legal challenges, former Vice President Joe Biden’s inauguration as the 46th President of the U.S. on Jan. 20, 2021 appears inevitable and he and his team have been announcing their picks for key posts in a Biden Administration. Of particular interest for IHA members will be Biden’s approach to trade and where his policies will differ from the Trump…
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