While FedEx founder and chairman, Fred Smith, generally supported the direction President-elect Donald Trump is taking with his pledges to improve the nation’s infrastructure and reduce the national debt, he was deeply critical of Trump’s repeated statements against global trade during his campaign and called for the new President to drop his protectionist rhetoric. During[…]
After attending the recent Amazon Global Selling Expo in Hangzhou, China, Hong Kong-based logistics firm U-Freight Group said that the growth potential for global e-commerce is “far from exhausted,” even in well-established regions, such as the United States, Europe and Japan. U-Freight CEO Simon Wong added, however, that the air cargo industry will need “new[…]
Amazon shipped more than 1 billion items through its Amazon Prime membership program this holiday season, setting a company record and underscoring how powerful the e-tail juggernaut has become in the retail sector. The e-commerce giant also noted that more than 72 percent of its customers worldwide made their purchases through mobile devices. While online[…]
The wrapping paper has been cleared away, Uncle Steve is on his seventh whisky and you are ensconced on the couch, half-buried under a pile of gifts that you’ll never use or wear. But your holiday work is still not done – it’s time for unwanted gift returns season. On Jan. 5, millions of consumers[…]
Within five years, one-fifth of the US$3.6 trillion retail market in the United States will have shifted online, and Amazon is on track to capture two-thirds of that share, according to a report released by the Institute for Local Self-Reliance (ILSR). The organization’s assertion that “Amazon is a monopoly hiding in plain sight” is sure[…]
As we read reports of the current, robust peak season extending into January, we turn to our sister publication, Cargo Facts, to blow the lid off the story and uncover a secret connection to a certain red-suited forwarder based at the North Pole. Meanwhile, Air Cargo World wishes its readers a profitable, safe and peaceful[…]
