Panjiva: U.S. imports rise in June
New York – June 2014 showed levels of imports to the U.S. 6% higher than imports in June 2013. According to new data from Panjiva, the numbers of shipments coming into the U.S. also changed .03% from May 2014 to June 2014.
Although Panjiva analysis indicates imports are strong and the U.S. economy generally looks optimistic, a possible port workers strike brewing in California could disrupt 40% of the waterborne goods coming into the country. Situations in the Middle East and Ukraine may cause supply chain disruptions as well.
Report: EBay resets passwords; will sell auto services
San Jose, Calif. – EBay has had success with the password reset it launched in May 2014, following the public revelation of a February 2014 security breach that may have exposed user information. According to Bloomberg, more than half of EBay’s existing 149 million customers have returned since the rest, and the company has also experienced 10-15% growth in new customers since that time.
In addition, EBay reportedly plans to start testing the sale of auto mechanic services in a couple of unspecified U.S, cities in fall 2014. EBay executives also told Bloomberg that the company expects consolidation among e-commerce companies and may pursue strategic acquisitions as a result.
Study: Global e-commerce to reach $1.47 trillion
New York – Business-to-consumer e-commerce sales are expected to reach $14.7 trillion globally in 2014, up about 20% from $1.23 trillion in 2013. According to a new study from EMarketer, this figure will gradually increase to almost $2.36 trillion in 2018.
Slowing e-commerce growth in China will lead to North America remaining the leading global region for e-commerce spending in 2014, with more than one-third of all e-commerce spending occurring there. But Asia-Pacific is expected to take the lead in e-commerce spending in 2015, growing from 31.2% to 33.4% of all e-commerce spending while North America’s share dips from 32.9% to 31.7%. North America, Asia-Pacific and Western Europe will continue to represent about 90% of all e-commerce spending through 2018.