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 ...
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 ...
'Disastrous' DSV-Schenker merger would 'disrupt European haulage market'
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Asian exporters scramble for ships and boxes to beat 90-day tariff pause
Amazon pushes into LTL for small package fulfilment and UPS does a u-turn
Temporary tariff relief brings on early transpacific peak season
Pre-tariff rush of goods from US to China sees air rates soar, but not for long
Forwarders 'allowing the fox into the chicken run' by supporting 'hungry' carriers
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