Air cargo market shows ‘positive dynamic’ – but how long will it last?
A buoyant start to the year has created “a positive dynamic” in air cargo markets, ...
It’s been widely contended that the Chinese e-commerce market has been effectively subsidised by the low rates offered by the US Postal Service under Universal Postal Union (UPU) rules. But the US has now come up with a new proposal which would allow it to set its own international delivery rates, while remaining a member of the UPU. Of course, it may help boost USPS coffers – but it is also likely that other countries’ postal services would increase their prices too, adding higher costs on to US imports, reports Bloomberg.
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