Continued China-Europe ecommerce slump exposes shifting air cargo flows

Chinese low-value and ecommerce exports to the European Union fell 65% year on year in August, according to Trade and Transport Group managing director Frederic Horst, as the market continued to weaken following the introduction of a €3-per-item fee. The August decline followed a 54% fall in July. Exports to the UK also fell, although at a slower rate, down 13% in August and 5% in July. Avean’s latest China ecommerce data ... The post Continued China-Europe ecommerce slump exposes shifting air cargo flows appeared first on The Loadstar .