The Association of Southeast Asian Nations (ASEAN) on a virtual event last 30 November launched a new online customs transit system that could help forwarders move freight by road easily across borders in Southeast Asia. The ASEAN customs transit system (ACTS) was developed to allow transport operators to make a single customs transit declaration across multiple ASEAN countries, without the need to make repeated customs declarations or change vehicles at each border. “I believe the system … [Read more...] about New customs transit system seen as boon by freight forwarders in Southeast Asia
cross-border
DHL invests $137m to exploit booming US e-commerce business
Deutsche Post DHL Group has announced a US$137 million investment plan for the US domestic and cross-border e-commerce market. DHL eCommerce said it is making the substantial investments to expand its capabilities to serve US businesses selling abroad as they are at the forefront of global e-commerce sales. DHL aims to exploit the global B2C e-commerce market for cross border shipments which are expected to grow from $400 billion today to a total global volume of $1 trillion in 2020, … [Read more...] about DHL invests $137m to exploit booming US e-commerce business