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Tag: tariff

Transport tariff hike to send logistics, products costs up

Struggling with shortage of manpower and a massive supply slump coupled with regulatory challenges in a world grappling with the health crisis that is Covid-19, freighters are all set to increase tariff by almost 80 percent. According to a report in the Economic Times, Truckers have increased tariffs by up to 80 percent, while Blue Dart …

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New report finds holiday spending down due to recession fear, tariff concerns

The fear of a potential U.S. recession is having a real impact on how consumers will spend their money this season. That’s according to a report from retail analytics and price optimization firm Intelligence Node, which found that 49% of U.S. consumers plan to cut back on holiday spending (with 51% currently cutting back on …

New report finds holiday spending down due to recession fear, tariff concernsRead More