Supply Chain Solution Company Announces Agreement With Asia-Based E-commerce Platform
Lakeside Holding Limited Announces Agreement with Leading Asia-Based E-Commerce Platform for Seamless Cross-Border Fulfillment Services.
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Lakeside Holding Limited (“Lakeside” or the “Company”) (Nasdaq: LSH), a U.S.-based integrated cross-border supply chain solution provider operating under the brand American Bear Logistics (ABL), has made a massive announcement. The Company has entered into a one-year agreement, with automatic annual renewals, with a leading Asia-based e-commerce platform (the “Marketplace”) to provide cross-border fulfillment services. This collaboration is about enhancing the cross-border shopping experience by offering a comprehensive suite of logistics services tailored to the unique needs of sellers on the platform.
Comprehensive Fulfillment Services
The partnership between Lakeside and the Marketplace will provide various logistics services, including:
Entry Service on Air and Ocean Freight: Ensuring that goods are appropriately handled from the point of departure.
Customs Declaration: Navigating the complex regulations and requirements for international shipping.
Freight Recovery Services at Destination: Managing the recovery and handling of freight upon arrival.
Parcel Handling Services: Efficiently managing the parcels to reduce transit time and costs.
Assistance with Parcel Delivery: Facilitating the final leg of delivery to ensure timely and accurate delivery to end customers.
These services are designed to meet the specific demands of sellers, allowing them to focus on their core business activities while Lakeside handles the logistics. A key aspect of this partnership is the state-of-the-art technology employed by Lakeside. The Company’s robust logistics platform will be integrated with the Marketplace through seamless API integration. This integration enables real-time visibility and control over the entire supply chain, providing sellers with up-to-the-minute updates on order status, inventory levels, and delivery timelines.
The dedicated IT team at Lakeside will play a crucial role in maintaining this integration, ensuring that the system runs smoothly and efficiently. This technological advantage will foster a transparent and efficient cross-border shopping experience, benefiting both sellers and their customers.
Expertise in International Shipping
Navigating international shipping regulations and customs procedures can be challenging. Lakeside's expertise in these areas ensures that all necessary steps are taken to comply with international shipping laws and standards. This expertise allows sellers to concentrate on their primary business functions without worrying about the complexities of cross-border logistics. Lakeside’s extensive network of global partners and carriers further enhances their capability to offer various reliable and cost-effective shipping options. Sellers can provide their customers with multiple shipping choices, enhancing the overall customer experience.
Henry Liu, Chairman & CEO of Lakeside, expressed his enthusiasm for the partnership: “Our collaboration reaffirms our commitment to providing cutting-edge logistics solutions that empower e-commerce businesses to thrive in the global marketplace. Partnering with a leading and growing e-commerce platform that generated $18 billion of gross market value of transactions in 2023 is a testament to our dedicated team that we have earned the trust of a premiere partner, and we look forward to the opportunity to deliver world-class service to their valued sellers.” The collaboration is expected to be mutually beneficial, helping both parties achieve their strategic goals.
About Lakeside Holding Limited
Lakeside Holding Limited is based in Itasca, IL, and operates under the brand American Bear Logistics. The Company focuses on providing integrated cross-border supply chain solutions, particularly catering to the Asian market, including China and South Korea. Their primary services include customized cross-border ocean freight and airfreight solutions tailored to meet the specific requirements of their customers in transporting goods into the U.S.
As an Asian American-owned business rooted in the U.S., Lakeside has a deep understanding of both U.S. and Asian international trading and logistics service markets. Their clientele typically consists of Asia- and U.S.-based logistics service companies that serve large e-commerce platforms, social commerce platforms, and manufacturers. These clients rely on Lakeside to efficiently transport consumer and industrial goods made in Asia into the U.S. Lakeside Holding Limited's recent agreement with a leading Asia-based e-commerce platform reveals a milestone in the Company's growth and its commitment to providing exceptional cross-border fulfillment services. By leveraging advanced technology, a dedicated IT team, and extensive expertise in international shipping, Lakeside is well-positioned to enhance the cross-border shopping experience for sellers and their customers.
This partnership reflects Lakeside's strategic focus on the Asian market and its dedication to delivering reliable and cost-effective logistics solutions. As the global e-commerce landscape continues to evolve, such collaborations are essential for meeting the ever-changing demands of the market and ensuring the success of e-commerce businesses worldwide.
Disclaimer: The information provided in this article is for informational purposes only and does not constitute professional advice or an endorsement of any kind. Readers are encouraged to perform their own research and consult with professionals before making any decisions based on the content herein.
Real-time information is available daily at https://stockregion.net