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 ...
‘Lemons ripen early’
This is the venture capitalists’ mantra: poor companies (or investments) will reveal their inadequacies early on.
But as we all know in freight and logistics, there are a lot of former start-ups still suckling on the VC teat, with little to no prospect of profit in the near future.
And as the deadline on investors’ ROI draws closer, the pressure is on, with VCs likely hoping to see a minimum return of 20% to 35% on their investment. But ...
TPM: Forwarders need 'clout' to survive as the ocean carriers move in
Gemini schedule reliability falls below 90% target for the first time
Red Sea crisis forces Maersk to increase capacity over strategy limit
Resumption of Suez transits in doubt after return of Red Sea hostilities
Maersk in firing line over 'abandoned container' in Africa
Forever 21 blames bankruptcy on de minimis exemption
Gemini carriers cut back loading allocations on challenging southern India trade
Maersk assures shareholders arms shipments 'comply with regulations'
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