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US, EU buyers canceled $16B in apparel purchase orders in the spring: report
13
Oct
Posted by: ICB
Category:
Air Freight, Contract Logistics, COVID-19, Customs Brokers, Freight Forwarding, Ground Freight, Imports, Ocean Freight, SCS Management, Special Offers
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A 49% drop in apparel exports to the U.S. between April and June consisted largely of finished or in progress goods, meaning suppliers had already fronted the cost of materials and labor, according to the report.
