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Air cargo shipment volume from Asia has declined by double digits since the US cancelled a tax-free exemption for low-value packages from China early in May, trade groups and analysts said. Air cargo demand from Asia to North America declined 10.7% in May versus the same month a year earlier, showed data from the International […]
US companies rushing to import their goods from China before the 90-day reprieve on stiff tariffs expires will be socked with an unexpected spike in shipping fees – leading to higher prices on store shelves, The Post has learned. Major carriers, including Hapag-Lloyd, announced plans to increase shipping rates for a 40-foot container between China […]
Amazon CEO Andy Jassy gave a warning to wallet-wary Americans in the wake of President Trump’s tariff agenda — saying the everything site many have come to rely on may have to up prices on common items. Jassy issued an equivocating warning to Amazon customers that the world’s most popular online retailer is facing challenges […]
An employee walks past a quilt displaying Etsy Inc. signage at the company’s headquarters in the Brooklyn. Victor J. Blue/Bloomberg via Getty Images Etsy missed on revenue and gross merchandise sales for the fourth quarter, with the company citing “significant headwinds,” including a pullback in consumer spending. The stock closed down 10% on Wednesday. Here’s […]
The Dick’s Sporting Goods logo is displayed on the floor of a store on September 04, 2024 in Daly City, California. Justin Sullivan | Getty Images Dick’s Sporting Goods raised its full-year guidance on Tuesday after what CEO Lauren Hobart called an “excellent” back-to-school shopping season and better-than-expected comparable sales for its third quarter. The […]
