EBay trims Depop shipping rates, bolsters delivery features
The company is using AI to enable fast-but-reliable delivery promises and help sellers determine shipping costs more easily, CEO Jamie Iannone said.
The company is using AI to enable fast-but-reliable delivery promises and help sellers determine shipping costs more easily, CEO Jamie Iannone said.
China’s most important holiday begins on Feb. 6, 11 days earlier than this year, which will prompt exporters to lock in bookings sooner and push up rates, analysts and forwarders say.
The fresh extension came after the Pacific Maritime Association and ILWU Local 26 failed to reach a new deal after negotiating late into Wednesday evening.
Stakeholders such as the World Shipping Council and the National Retail Federation are concerned fees will “add another cost layer to an already strained transportation system.”
The move continues an ongoing reshuffle of services and partnerships among the major carriers serving the trade.
The carrier said although spot rates are expected to ease in the coming months due to the seasonal softening of cargo demand, they will remain above the levels assumed in its previous forecast upgrade made in August.
Choice of carrier, vessel deployment, cargo utilization, route, and regulatory exposure can materially change both the environmental result and the economics of a shipment, according to recent industry analysis.
The glasses provide navigation and drop-off instructions within drivers’ field of view, part of the company’s effort to boost delivery efficiency.
The latest express service from the carrier comes as spot rates in the eastbound trans-Pacific hover near their 2026 high late into the traditional peak shipping season.
The industrial conglomerate is aiming for $1 billion in annual productivity gains by the end of 2027 through an operational overhaul, Chairman and CEO William Brown said.