Ready or Not: De Minimis Goods From China to the US Ends May 2
With May 2 fast approaching, the end of de minimis from China to the US will impact a number of parcel shipments – most notably e-commerce. FedEx and UPS have embraced e-commerce as part of their strategic growth targets but with the end of de minimis on this key route, FedEx and UPS may see lower volumes. Meanwhile, consumers will pay higher prices on …