Airlines rethink strategy as ecommerce to US begins decline
Shippers and forwarders are waiting to see how airlines manage their capacity before locking into ...
© Frantic00
By Alex Lennane
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 ...
Comment on this article