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How US rule-changes are putting air cargo carriers in a 'tough spot' - The Loadstar

Summary by The Loadstar

Threats from the US to introduce tariffs or remove its de minimis customs duty exemption could put airlines in a “tough spot” if their ecommerce clients are unable to fulfil minimum quantity volume commitments. This has led to questions of whether shippers, such as Temu and Shein, could apply force majeure to avoid these obligations. Force majeure is a legal term that excuses a party from fulfilling a contract if an “unforeseeable circumstance…

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The Loadstar

How US rule-changes are putting air cargo carriers in a 'tough spot' - The Loadstar

1 day ago

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dmnews.com

Air cargo rates hold firm amid concerns

Air cargo rates have remained firm despite concerns over the impact of US tariffs on China, the temporarily suspended de minimis ban, and the Lunar New Year slowdown. The global Baltic Air Freight Index shows that average airfreight rates were up 1.7% week on week and 12.8% ahead of a year ago. Rates out of China were slightly higher in both Europe and the US, with outbound Shanghai increasing by 8.1% week on week and 10.7% ahead of last year. H…

2 days ago

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