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 ...
© Yongnian Gui
By Alex Lennane
Chinese forwarders are seeing freight rates rise as factories re-open and goods start to move.
“Factories are reopening bunch by bunch, upon approval, in the areas around Shanghai,” confirmed one local forwarder.
One of the challenges has been haulage, but truck capacity is beginning to return as well, he added. “It’s possible to find more hauliers with a licence, but it is taking longer and prices are more expensive.”
He said there was pent-up demand for exports, adding: “If you look at the increasing air ...
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