Rumours of the demise of globalisation may be exaggerated
Despite evidence of China-US decoupling, claims of globalisation entering its end-game appear ill-judged, according to ...
© Zhukovsky
By Alex Lennane
DHL is venturing back to the US market with a $137m investment in e-commerce. It plans to build eight new distribution centres and expand two existing facilities, allowing retailers to stock faster for online sales. The decision to invest in more cross-border package deliveries was aided by a rule change that allows Americans to import up to $800-worth of goods from overseas with no tax or import duties. DHL has recently put $1.3m into a service centre in Chicago, as well as a $35m distribution centre for its global forwarding arm.
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