• 11/29/2024

Shein, Temu are Swamping Aircraft Capacity, Sending Freight Rates Soaring

Wall Street Journal

Bargain shopping apps Temu and Shein are reshaping the air cargo market out of China, eating up aircraft space at a pace that is driving up freight rates and sparking fears of a capacity squeeze during the busy peak shipping season later this year.

https://www.wsj.com/articles/shein-temu-are-swamping-airfreight-capacity-sending-rates-soaring-ba123ea6