Brexit and the STOP Act are almost upon us! These two events will reshape global cross-border e-commerce. Martyn Noble and David Spottiswood, co-founders of Hurricane Modular Commerce join me to discuss:
- The countdown to Brexit - implications for countries inside and outside the EU
- Is it too late to start planning for post-Brexit cross-border trade?
- Data and customs
- Why Brexit is a global problem, not just an EU problem
- The need for quality data
- Implications for posts if they’re not ready for Brexit and STOP Act - along with the challenges of ICS2 and VAT changes
- Growth in cross-border volumes being carried by posts
- What will happen to US-bound parcels without complete data (EAD/AED)? Will 700m parcels be returned? Who will pay? What about the environment?
- Logistics networks designed to move parcels, not store parcels
- Implications for air cargo capacity
- Sweden’s imposition of VAT on inbound e-commerce shipments - and implications for collecting taxes and return of unclaimed parcels
- Showing duties and taxes in e-commerce shopping cart - price transparency of fully landed cost
- Avoiding the doorstep surprise
- Demand outstripping capacity in air cargo
- What postal operators have to do to get cross-border right, including:
- Missing incomplete data (including HS6 codes), and vague descriptions
- Shipper and consignee data
- Valuation of contents
- Prohibited and restricted goods, denied parties, and countries of origin
- Opportunities for postal operators who get cross-border right - in both B2B and B2C
- Reducing unit costs and growing profitability
- Postal operators partnering with private carriers for cross-border shipments
- Checking data and avoiding data leakage
- C2C parcels: the final frontier!
- Marketplace platforms and cross-border opportunities