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 ...
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By Alex Lennane
The ecommerce titans are quickly adapting their business models in the face of greater regulatory oversight and heavy competition.
Executive action, announced by the White House last month, to tighten scrutiny of ecommerce and de minimis shipments has triggered changes by Chinese platforms – although implementation of some new rules has been delayed.
Law firm Sandler, Travis & Roseberg last week noted the plan to reject “vague cargo descriptions” in Air Cargo Advance Screening submissions would be postponed until 12 November.
US Customs ...
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