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 ...
© Thomas Fink |
By Alex Lennane
Concerns over excess inventories at retailers are misplaced: the real issue is weak demand and low margins – which are cutting into airfreight spend.
“I’m not sure that any retailers are overstocked – they are just balancing supply against anticipated demand, and the rise in interest rates won’t assist in that dynamic,” explained one senior European retail forwarder.
“I think retailers’ inventories are better than they have been – the issue is they aren’t selling what they expected. So the main problem ...
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