Customs crackdowns on Chinese ecommerce threaten airfreight demand

AI Summary

Customs crackdowns on low-value Chinese ecommerce shipments threaten to reduce airfreight demand despite ecommerce’s rapid growth. China dominates cross-border ecommerce revenue and cargo traffic but tighter inspections may impact future air cargo volumes.

Tougher customs treatment of low-value airfreight shipments is threatening to reverse some of the ecommerce sector’s rapid growth, according to new analysis from Trade and Transport Group. The consultancy’s latest report estimates that cross-border ecommerce accounted for almost 18% of intercontinental air cargo traffic last year, despite representing only around 6% of global online sales. China is overwhelmingly the dominant origin, accounting for more than 80% of cross-border ecommerce revenue, made up ... The post Customs crackdowns on Chinese ecommerce threaten airfreight demand appeared first on The Loadstar.