How a 150-Year-Old Treaty Still Rocks the eCommerce World – and It’s Getting Killed
Love him or hate him, Donald Trump’s decision to pull out of the Universal Postal Union Treaty (UPU) is a BIG deal to North American eCommerce retailers. The treaty – signed in 1874 – gave special discounted shipping to mail and parcel deliveries coming from China. But the archaic rules of that treaty meant that sometimes it was cheaper to mail a 1-pound parcel from Shanghai to Toledo than it was from Dayton – with local shippers actually subsidizing Chinese competition. This gave a HUGE added pricing advantage to Asian suppliers. If they’re drop-shipping for you, that’s a problem coming up. If you are competing with them, you’re going to do better in 2020. Either way, you need to know what’s going on. Read more
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