End of de minimis will bring turbulence for airfreight shippers and forwarders
Shippers and forwarders with long-term commitments for transpacific aircraft capacity could find themselves in a ...
Oleksandr Brylov
By Alex Lennane
It’s hard to believe it’s less than 18 months since we all learned the word ‘Temu’. And just a few months after that, as early as February this year, Temu was flying some 4,000 tons of goods each day, while Shein accounted for 5,000 tons. (That has now gone up.)
Estimates suggest Shein wins 320m orders a year. Or 880,000 every day – roughly half Amazon’s 1.6m daily packages.
Shein brings out some 300,000 new products each year, with 600,000 items ...
Comment on this article
Pichuiyer Balasubramanian
December 23, 2024 at 11:36 pmUntil a cheaper, easier, faster option emerges, there’s no way to stop the e-commerce juggernaut. To minimise hazardous waste arising out of such insane demand and movement, regulatory authorities have to prioritise and come out with practically implementable steps – will they or won’t they? Time will tell.