Airlines rethink strategy as ecommerce to US begins decline
Shippers and forwarders are waiting to see how airlines manage their capacity before locking into ...
The inventory levels of major retailers could see the airfreight peak towards the third quarter be a little “muted”, but consistently busy for the coming months.
US retailers reporting first quarter financial results noted that their inventory levels were down – and that they had been forced to significantly increase costs by using airfreight.
Sportswear company Lululemon saw its inventory costs in the first quarter up 75%, largely due to airfreight and growth, alongside delays in the supply chain.
Chief executive Calvin McDonald ...
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