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Online shoppers spent $942 million to make Free Shipping Day the third highest spending day of the 2010 holiday season, [3] ultimately boosting online sales 61 percent from 2009. [4] In 2011, Free Shipping Day became a billion-dollar shopping holiday with $1.072 billion in sales, [5] followed by $1.01 billion during Free Shipping Day 2012.
This figure has been consistent for the last few years (ranging between 58% and 69%). Moreover, US respondents asked in the survey listed free shipping (54% mentions) as a most important factor for online shipping. Next in line were exclusive online deals (23%), no sales tax (10%), fast shipping (9%) and in store pickup (5%).
Ports in the United States handle a wide variety of goods that are critical to the global economy, including petroleum, grain, steel, automobiles, and containerized goods. See the articles on individual ports for more information, including history, geography, and statistics.
Believe it or not, but you can get free shipping from Amazon without joining Prime. The online retailer offers five business-day free shipping on orders with eligible items over $25.
Amazon says it has more than 200 million Prime members across 25 countries, and the shifting goalposts for free shipping could drive more consumers to pay the roughly $140 annual fee to join...
Freight transportation is carried by a variety of networks. The largest percentage of US freight is carried by trucks (60%), followed by pipelines (18%), rail (10%), ship (8%), and air (0.01%). [10] Other modes of transportation, such as parcels and intermodal freight accounted for about 3% of the remainder.
Online retailing is big business these days, with the top 500 Internet retailers growing by an average of 18% in 2011. E-commerce currently makes up about 8% of all retail sales, and that number ...
Flag of convenience ( FOC) is a business practice whereby a ship's owners register a merchant ship in a ship register of a country other than that of the ship's owners, and the ship flies the civil ensign of that country, called the flag state. [1] The term is often used pejoratively, and although common, the practice is sometimes regarded as contentious.
List of merchant navy capacity by flag is a list of the world foremost fleets of registered trading vessels ranked in both gross tonnage (GT) and deadweight tonnage (DWT) sorted by flag state. The table is based on the annual maritime shipping statistics provided by the British Government and the Department for Transport.
The law of general average is a principle of maritime law whereby all stakeholders in a sea venture proportionately share any losses resulting from a voluntary sacrifice of part of the ship or cargo to save the whole in an emergency. For instance, should the crew jettison some cargo overboard to lighten the ship in a storm, the loss would be ...