Mitigating risk by controlling the controllable is increasingly top of mind for global, enterprise businesses. And with the news Friday (Sept. 13) that the White House is considering closing a rule that allows foreign eCommerce giants, such as Shein and Temu, to ship direct to U.S. consumers without duties or...
Cloud-based eCommerce shipping solution ShipStation has partnered with South Korean online retailer Coupang to make it easier for businesses to enter new markets with efficient cross-border fulfillment. With the partnership, ShipStation has become the first U.S. shipping partner to integrate with Coupang, enabling the shipping...
Windward, which provides artificial intelligence (AI) solutions for the maritime industry, rolled out Container Insights to offer in-the-moment screening and monitoring of containers and Bill of Lading (BOL) verification. The functionality enhances Windward’s present Cargo Insights offering, according to a Wednesday (July 21) announcement. Container...
The Asian Development Bank‘s estimation of a $1.5 trillion gap in available trade finance is both concerning (particularly to small and medium-sized businesses [SMBs] struggling to access financing to expand across borders), as well as enticing to technology innovators seeking ways to fill a portion...
October 05, 2016
The future looks bright for small businesses in the U.S., particularly for those that have taken to globalize their operations. A new report from American Express examines just how solid international SMEs’ futures appear to be, with evidence revealing the financial benefits of looking overseas for sales opportunities. According to Amex, the data suggests that […]
October 21, 2024
The Bank of New York Mellon Corp. (BNY) and Mizuho Bank are collaborating to provide trade services to corporate clients in Asia. The banks have formed an agreement for correspondent bank network bank connectivity for international trade, they said in a Sunday (Oct. 20) press release. This collaboration will leverage both institutions’ expanded trade network […]
November 15, 2018
The United Kingdom and the European Union have come to an agreement that will give London’s financial center basic access to the EU’s markets after Brexit. According to Reuters, the...
July 31, 2018
Apple might have to raise prices on some of its products due to President Donald Trump’s latest proposals to charge a 10 percent tariff on Chinese imports. As a result...
