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Russia looks to expands its trade corridors with Asia to sidestep sanctions
Russia is doubling down on two new logistics corridors linking it with markets in Asia, in a bid to sidestep…
China’s luxury e-commerce market overwhelmed by returns
Chinese online shoppers are super fickle: Luxury e-commerce platforms in China were hit by high return volumes on orders made…
Cargill looks to equip cargo vessels with wind sails
Multinational commodities giant Cargill may roll out sails on cargo ships to reduce fuel consumption, Bloomberg reports. The 80k ton…
DHL macroeconomic outlook for 2024 is bleak + HD Hyundai sets up maritime nuclear energy watchdog
DHL’s outlook for 1H 2024 “doesn’t look so bright on the macroeconomic side,” DHL CEO Tobias Meyer told Bloomberg last…
The biggest factor impacting air freight is Chinese fast fashion giants
Global air freight has been overwhelmed by the rapid rise of fast-fashion e-commerce retailers, Reuters reports, citing industry sources. Chinese…
US + allies warn China against export dumping
The US has warned China against dumping goods on global export markets, indicating that Washington and its allies will respond…
Western EV makers must cultivate ties with Chinese suppliers to remain competitive, FT says
Chinese suppliers across the EV supply chain are confident that they can attract orders from Western outfits, as lower costs…
US retailers face the challenge of increased fraudulent returns
American retailers are contending with higher rates of bogus returns, with fraudsters sending back brick-filled boxes in some cases, the…
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