They blame a once-obscure trade provision, called de minimis, which has been thrust into the spotlight in recent months.
Forever 21 has declared bankruptcy for a second time and expects to close over 350 stores in the United States and Puerto ...
The ATA's chief economist also expects changing freight patterns in trucking if the USTR's proposed port fees on Chinese ...
U.S.-listed shares of PDD fell more than 3% in premarket trading. While government stimulus measures and deep price cuts from retailers have drawn some shoppers, PDD's sales report indicates ...
PDD Holdings , which operates e-commerce platforms Pinduoduo and Temu, missed market estimates for quarterly revenue on ...
Stores in the U.S. will hold liquidation sales and the website will continue to run while operations wind down.
Major shipper industry groups, like the National Retail Federation, and major carriers, such as Class I railroad Union Pacific, say they have seen a significant pull-forward of imports to avoid rising ...
The trucking industry is warning that overhauling how Customs and Border Protection processes low-value shipments from Canada ...
Hundreds of Forever 21 stores are going to close by the end of the month as the company undergoes Chapter 11 bankruptcy protection for the second time in six years.
With cost-saving initiatives failing to make up for significant losses, Forever 21 filed for Chapter 11 bankruptcy in ...