US CBP sees 90% fall in revenue last month; airfreight sees ecomm slide
February may have been the month in which the US suspended its de minimis exemption ...
While it is chaos on the high seas, air freight out of China has seen demand slow – slightly – after Apple delayed a product launch, leaving unexpected capacity in the market.
However, noted Flexport this week, this was a “short-term blip before the market is expected to gain strength, hitting a mini-peak ahead of the Golden Week holiday in early October”.
It predicted continued strong demand and “very tight capacity” after the holiday as well.
Demand from key destinations in South-east Asia ...
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