Democratic U.S. Rep. Rosa DeLauro on Wednesday criticized President Donald Trump for flip-flopping on canceling import benefits for inexpensive e-commerce products shipped from China and suggested that Fred Smith, chairman of express delivery giant FedEx Corp., played a role in last week’s sudden reversal.
The Connecticut congresswoman and the National Council of Textile Organizations called on the Trump administration to go further and entirely ban de minimis – a mechanism that allows goods...
Gigante de la logística del contrato GXO Logistics Inc. Los ingresos del cuarto trimestre aumentaron un 25% año tras año a $ 3.25 mil millones, gracias a las ventas sólidas y un nuevo contrato de clientes importantes, dijeron funcionarios de la compañía. La compañía reportó sus resultados de...
Contract logistics giant GXO Logistics Inc.’s fourth-quarter revenue increased 25% year over year to $3.25 billion, thanks to strong sales and a major new customer contract, company officials said.
The company reported its fourth-quarter and full-year 2024 earnings results after the market closed on Wednesday.
GXO’s adjusted earnings per share in the fourth quarter increased 43% year over year to $1.
“We had a stellar sales year, closed over $1 billion of new business wins for the second year in a...
https://www.freightwaves.com/news/gxo-logistics-reports-big-q4-gains-from-e-commerce-customers
President Donald Trump’s weekend order eliminating a duty-free exemption for low-value e-commerce shipments from China, Mexico and Canada could upend business models for many companies engaged in international trade, but stakeholders say the air cargo sector could take the biggest hit.
Chinese and U.S. marketplaces like Shein, Temu, AliExpress, Amazon and Shopify also could be significantly constrained in the short term.
The U.S. imported more than 2.5 million tons of cargo by air from China...
https://www.freightwaves.com/news/air-cargo-industry-jolted-by-trump-tariffs-on-chinese-e-commerce
Siguiendo una acción anterior de esta semana destinada a controlar la afluencia de envíos de comercio electrónico no identificados desde China, la Oficina de Aduanas y Protección Fronteriza de EE. UU. propuso el viernes que las importaciones de bajo valor ya no califiquen para la entrada libre de...
Following up on earlier action this week aimed at controlling the influx of unidentified e-commerce shipments from China, U.S. Customs and Border Protection on Friday proposed that low-value imports no longer qualify for duty-free entry if the products are subject to tariffs or other national security restrictions.
The proposal could result in higher consumer prices for small shipments and dampen demand, but logistics and trade professionals expect Chinese online retailers will be able to...
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexican government aims to regulate Asian e-commerce imports; Emerson Electric plans $22.5M factory in Chihuahua; Chinese firm plans $20M machinery factory in Leon, Mexico; and Investment firm constructing logistics center in Laredo, Texas.
Mexican government aims to regulate Asian e-commerce imports
The Mexican government plans to enforce new customs regulations...
Mexican President Claudia Sheinbaum has issued a decree that effectively ended the popular “border-skipping” strategy many U.S. e-commerce sellers used to avoid tariffs on Chinese goods. This decision, which was announced on Dec. 19 and took effect immediately, primarily targets apparel imports and is set to have far-reaching consequences for the industry.
The border-skipping strategy
For years, U.S. companies have been importing goods from China to Mexico, shipping them one order at a time to...
Cart.com, a Houston-based startup providing end-to-end e-commerce services, has acquired OceanX, the wholly owned fulfillment operations arm of Guthy-Renker.
Cart.com President Ilias Simpson said the OceanX acquisition not only increases the company’s fulfillment warehouse network, but also expands the e-commerce firm into new market segments.
“It’s really a perfect marriage with the two organizations in terms of being a complementary offering,” Simpson told FreightWaves in an interview. “OceanX...
https://www.freightwaves.com/news/e-commerce-logistics-startup-cart-com-acquires-oceanx
A federal appeals court upheld a law mandating China-based internet company ByteDance to divest TikTok’s U.S. operations by Jan. 19, or face a nationwide ban.
Both Republican and Democratic lawmakers say TikTok poses a national security threat due to its connections to China, who could allegedly use the app to spy on Americans and harvest personal data.
The unanimous ruling by a three-judge panel of the U.S. Court of Appeals in Washington on Friday rejected TikTok’s argument that the law is...
https://www.freightwaves.com/news/federal-court-upholds-ban-on-tiktok-in-the-us