Forwarders predict fall in airfreight rates as ecommerce eyes sea freight
Forwarders are warning that although the airfreight market currently seems stable, conditions could change very ...
EV Cargo's Matt Maguire, eCommerce director, and Heath Zarin, founder, CEO and chairman.
It now seems to be an established fact that the rise of e-commerce is directly linked to the Covid pandemic, and there’s certainly no doubt that people, forced to stay at home without access to the high street, turned instead to online retailers.
Globally, retail e-commerce sales more than doubled from $2.3 trillion in 2017 to $5.2trn in 2021, with this figure set to grow by a further 56% to $8.1trn by 2026.
In the UK, online retail sales jumped from 16% ...
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