Suppliers struggle with growth of online business

Global Business

E-commerce is eclipsing traditional retail in the two biggest economies on earth-the China and the U.S. However, what has been good for e-commerce has been less good for global package delivery companies like FedEx and UPS. CCTV America’s Chris Casquejo reports.

To boost profits, UPS will start charging by the size of the packages it delivers rather than by weight alone, which will raise prices for its shipments to all corners of the globe.

With the e-commerce boom, the more consumers buy online through ‘e-tailers’ like Alibaba and Amazon, the more shippers have to cut rates to compete for their business, which means less profit for each delivery.

Suppliers struggle with growth of online business

E-commerce is eclipsing traditional retail in the two biggest economies on earth-the China and the U.S. However, what has been good for e-commerce has been less good for global package delivery companies like FedEx and UPS. CCTV America's Chris Casquejo reports.

For more on global e-commerce and Alibaba’s blockbuster IPO, CCTV America was joined by Satish Jindel from SJ Consulting group.

Whether Alibaba can pose a threat to its US counterpart Amazon

For more on global e-commerce and Alibaba's blockbuster IPO, CCTV America was joined by Satish Jindel from SJ Consulting group.