Cargo caught fire before loading at Hong Kong Airport. Global e-commerce sales surged 27.6% in 2020

Fire breaks out before cargo is loaded at Hong Kong Airport, two freight forwarders banned

It is understood that at 5:08 am on April 11, a fire broke out at Hong Kong International Airport. The cargo on a parking space in the apron caught fire before loading, and flames were blazing. Firefighters arrived at the scene after receiving the report. Fortunately, no one was injured in the incident. After the accident, Hong Kong Cargo issued an emergency notice to impose a ban on two freight forwarders.

After this incident, a new round of strict inspections of goods is expected to begin soon. All foreign trade freight forwarders must standardize operations, make formal declarations, follow formal procedures for safe production, and never rush goods.

Online sales of children's products in Russia increased by 112% in 2020

According to information recently released by the data analysis agency Data Insight, online sales of children's products in Russia were in good shape in 2020. Data showed that in 2020, sales of children's products in the online market in Russia increased by 76% year-on-year, and sales volume increased by 112% year-on-year, which is the highest growth figure on record.

Global e-commerce sales surged 27.6% in 2020

According to the latest research data from ComprarAcciones.com , global e-commerce sales surged 27.6% in 2020 to $4.28 trillion, and the annual sales of the world's top 100 online markets were $2.67 trillion, a year-on-year increase of 29%.

Amazon ranked first with an annual GMV of $475 billion, accounting for more than 30% of the market share, of which third-party sellers accounted for 60%. eBay ranked second with a GMV of $100 billion, a year-on-year increase of 17%, and Walmart ranked third with $92 billion.  

Entering the second quarter, the volume of US imports continued to grow

In 2020, U.S. retailers saw sales decline as the surge in consumer demand outpaced retailers’ ability to restock, leading to a surge in freight rates. This year, U.S. ports have been severely congested, and liner companies’ on-time rates have fallen to near-historic lows. As a result, some retailers are preparing to ship fall back-to-school and holiday merchandise early, which has greatly weakened the characteristics of the traditional freight off-season.

eBay announcement: Simplified shipping information page is now online on the UK site

eBay has recently announced that following its launch on the US site, eBay’s simplified shipping information page has been launched on the UK site. The simplified information will replace the original Fast & Free logo, showing the specific delivery time, making it easier for buyers to identify the fastest-delivered products.

Sellers only need to continue to provide the following shipping services to qualify for Fast'N Free: offer free shipping and expedited shipping services; provide same-day or 1-day processing services; and upload logistics tracking information for products.

IDC predicts that smart home shipments will exceed 1.4 billion units in 2025

Yien.com learned that the shipment of smart home devices reached 801.5 million units in 2020, an increase of 4.5% over 2019. According to IDC (International Data Corporation) research on global quarterly smart home devices: It is expected that the shipment of smart home devices will exceed 1.4 billion in 2025, with a five-year compound annual growth rate (CAGR) of 12.2%. In the next few years, the United States will account for the largest share of unit shipments and will grow at a compound annual growth rate of 3.8% during the forecast period, exceeding 451.3 million unit shipments by 2025.

Latin American e-commerce sales reached $84.9 billion in 2020

Yien.com learned that according to data from SkyPostal, the largest private mail and package delivery company in Latin America, retail e-commerce in Latin America grew by 36.7% in 2020, with sales reaching US$84.9 billion.

Kantar, an international data consulting firm , found that Argentina's total e-commerce sales jumped 124% to $10 billion, with Mercado Libre, the largest e-commerce platform in Latin America, also doubling its turnover.  

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