Now, every package entering the U.S. comes with a need to submit an exact description of every component, including a 10-digit HTS code. Shippers and carriers are struggling to adjust.
CBP seizures of unsafe and non-compliant low-value goods have also increased by 82%, which have included counterfeit products, narcotics and faulty electronics.
Investors have grown more bullish in recent months on FedEx’s strategy, which the company estimates will produce $1 billion in permanent cost reductions in 2026.
Letitia James alleges UPS withheld wages by failing to record all hours worked, requiring widespread off-the-clock labor, and manipulating timekeeping systems to reduce paid hours.
The EU also plans to enact a separate handling fee on low-value parcels in November of 2026, although negotiations on the specifics of that policy are still ongoing.
Expedited shipping isn’t a one-size-fits-all solution. Retailers first need to examine what’s being shipped, how much it’s worth, and what customers expect.
The latest news, analysis, services and systems regarding express and small shipments and their impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods in a more timely and efficient manner than ever before thanks, in part, to the boom in e-commerce. New technologies that provide information during express and small shipments are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As these cargo services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using express shipping solutions to power their supply chains.
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