Apple's smartwatch shipments fell by 19% in 2024, marking five consecutive quarters of decline. The absence of a new SE model and minimal upgrades on the Series 10 contributed to the slump, while competitors thrived.
A drastic drop in cargo shipments is impacting West Coast ports, with officials warning of rising unemployment and inflation due to tariffs. Longshore workers voice concerns about the immediate effects on their jobs and consumer goods availability.
UPS is set to lay off 20,000 employees and shut down over 70 facilities as it reduces Amazon shipments. CEO Carol Tomé emphasizes the need for cost reduction amidst uncertain economic conditions.
DHL has lifted its suspension on US deliveries over $800 after negotiations with US customs. This decision comes amid ongoing tensions between businesses and government tariff policies that have impacted international shipping.
A powerful explosion at Rajaei port in southern Iran has left at least 115 injured. Authorities are currently investigating the cause as first responders rush to the scene amid billowing smoke.
DHL Express has announced a suspension of all shipments over $800 for American customers, effective April 21, due to new U.S. customs regulations. This change comes amidst ongoing trade tensions with China and could reshape e-commerce dynamics.
Deutsche Post has announced the suspension of high-value shipments to the U.S. due to significant delays in customs clearance caused by new regulations, affecting packages valued over $800.
DHL has announced a temporary suspension of shipments to the U.S. for items valued over $800 due to new customs regulations. This change will impact business-to-consumer deliveries but not business-to-business shipments.
As the U.S. imposes a staggering 145% tariff on Chinese goods, exporters like Zou Guoqing fear for their future. With trade ties unraveling, businesses are forced to pause shipments and seek alternatives.
Nintendo may benefit from President Trump's 90-day tariff pause, allowing for increased shipments of the highly anticipated Switch 2 from Vietnam to the US ahead of its June launch.
