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 ...
It seems the US Customs and Border Protection (CBP) agency’s latest rules on ecommerce imports, and more scrutiny of goods, have not impacted airfreight rates.
While several sources have told The Loadstar that planned ecommerce-focused services set to launch in the second half had foundered somewhat, existing traffic has held steady as have rates – in fact, air cargo continues to have a surprisingly good summer.
“There are remarkable volumes in the market,” said Niall van de Wouw, chief airfreight officer of ...
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Comment on this article
Stan Wraight
June 18, 2024 at 5:17 pmWow, I read this and just don’t get
The lack of understanding re how e-comm works in practice and how legacy airline and forwarder readers can make these statements is beyond comprehension. E-Commerce is a process like anything else in supply chain logistics and solutions exist so that airlines, BCO and even forwarders can have a viable and profitable share of the traffic. But it’s an end to end system, and requires entrepreneurial thinking and management.
We have worked on it, have the complete SKU to BCO door system in place and will be announcing more in coming weeks.