3PLs look for return of growth as competition grows and revenues fall
3PLs have been facing a bundle of headwinds that have dented revenue growth for the ...
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
Amazon is banking on a re-worked Nafta agreement which could see Mexico raise the $50 limit on the value of online purchases that can be imported duty-free. But the firm has deep pockets and can afford a gamble, which is presumably why it is opening a 1m sq ft warehouse outside Mexico City. It will triple Amazon’s distribution space in the country, where last year it doubled its sales to $253m. Mexico is a slow-comer to the online marketplace, and less than 3% of retail sales are made online. Clearly Amazon expects that to change – and either way, if the border remains relatively porous, it could also use the warehouse to distribute in the US too.
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