Ecommerce boom may be opening the doors for smugglers
The Loadstar is running a series of reports on the ecommerce sector, which has been ...
This is what irony is (do you hear us, Alanis Morissette?) – as increasing shortages of almost every category of goods are being reported across the UK, e-commerce behemoth Amazon is reportedly sending huge amounts of unsold stock – one employee put it at 130,000 items per week in just one of Amazon’s 24 UK distribution centres – to be destroyed, according to this in-depth investigation by ITV News. “Why are hundreds of thousands of products being destroyed in this way? The answer is Amazon’s hugely successful business model. Many vendors choose to house their products in Amazon’s vast warehouses. But the longer the goods remain unsold, the more a company is charged to store them. It is eventually cheaper to dispose of the goods, especially stock from overseas, than to continue storing the stock.”
'I'm scared', says Boeing whistleblower, after two others suffer mysterious deaths
DSV could face $16m bill after helicopter is written off in haulage accident
FAK rate hikes holding, with strong demand into peak season predicted
Déjà vu as major ocean carriers scramble for tonnage and containers
Indian trade disrupted as port congestion forces liner services to skip calls
Ecommerce boom may be opening the doors for smugglers
Don't get too confident for Q2, market risks haven't disappeared, warns Yang Ming chief
Comment on this article