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Like Ago, Shein influence shipping prices for everyone

Forbes analyzes the growing demand for Temu, and Shein customers influence prices.

CHARLOTTE, N.C. — Temu and Shein are foreign budget brands known for affordable clothing and a wide selection.

In total, the companies ship approximately 9,000 tons of cargo around the world every day.

High demand benefits both Shein and Temu, but may come at the expense of everyone else.

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Forbes reports that higher demand for fast fashion is making air freight rates extremely high. In fact, prices are among the highest since late 2023.

This impact is not limited to air cargo prices. Forbes explains that Temu has launched new sea and air routes using Taiwan, Japan and Korea to deliver products to the US, another move that pushes shipping rates even higher.

WCNC Charlotte always asks “where’s the money?” If you need assistance, contact WCNC Charlotte by email at [email protected].

However, this move may save buyers.

For now, Shein and Temu offer free shipping on orders over a certain amount, suggesting the companies are willing to incur higher costs to maintain accelerated growth in the U.S.

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Companies’ business model is based on getting goods out as quickly as possible, so if they can’t keep up with demand, they may lose their competitive advantage.

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The goal of WCNC Charlotte’s Where’s The Money series is to level the playing field in the Carolinas by helping others and breaking down barriers. WCNC Charlotte doesn’t want our viewers to be taken advantage of, so we’re here to help. Watch previous stories where we ask the question “Where’s the Money” in the YouTube playlist below, and subscribe to receive notifications of new videos.

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