Amazon’s forwarding reach may be clipped by antitrust, Yantian challenges

China 2870 Corp - Forwarders 322 Corp - Ports 854 Mode - Containerized 1417 Mode - Seaborne 1752 U.S. 5146

Amazon faces a new round of antitrust legislation that may eventually require it to sell its logistics operations, potentially including its international freight forwarding business that provides fulfilment services for Chinese exporters to the U.S. That comes as ZIM Shipping has renewed its partnership with Alibaba and as digital-first forwarders continue to build market share. U.S. seaborne imports handled by Amazon reached nearly 13,000 TEUs in May after a three-fold increase. Like other freight forwarders, Amazon faces significant congestion issues at major seaports in China and the...

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