DHL, FedEx, UPS warn EU parcel tax risks disruption at borders
DHL, FedEx, and UPS have written to European Union finance ministers calling for a phased ...
Key takeaway: Brussels wanted to curb the flood of cheap Chinese parcels. The Chinese platforms responded by moving their inventory inside the EU, and the unintended consequence may be that they emerge stronger, not weaker.
On July 1, the Euro...
