Forever 21 blames bankruptcy on de minimis exemption
Forever 21, the US clothing retailer, has gone down shouting: it has squarely blamed its ...
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A three-day freight forwarder shutdown in Pakistan has just ended after the government agreed to listen to the demands of the shipping community and re-examine an 8% tax on turnover which had been imposed.
More than 700 freight forwarders, including the local offices of many multinationals, shut their operations on Tuesday claiming the new tax would force them to work at a loss. The shutdown affected airports and ports, although, according to one source, some 50% of shipping lines were continuing ...
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