Bottlenecks and ‘pent-up demand’ to bolster freight market
Toll Group head shrugs off concern that China’s power squeeze will significantly weigh on container freight rates as a large amount of cargo has been ordered yet stuck in the pipeline due to the severe disruption to supply chains
Short-term disruptions aside, the logistics executive says more focus should be put on the changes that will be shaping the industry in the longer-term. Those include rise of e-commerce, the shift of sourcing materials from China and the attention being paid to sustainability
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