Operators in the cross-border e-commerce sector are experiencing unprecedented volatility as they face a challenging 2024. In the logistics sector in particular, a number of factors have combined to cause a host of problems: short-term spikes in freight rates and transportation delays triggered by tensions in the Red Sea region, as well as the insolvency of a number of freight forwarders in Shenzhen that prevented goods from being redeemed on time, are just the tip of the iceberg. Against such a volatile backdrop, a recent major incident in the cross-border logistics sector has heightened uncertainty in the industry. According to US media reports, in the early hours of March 26,...