Rising costs in Asia and supply chain disruption driving trend for near-shoring

Near-shoring has been slower than anticipated to pick up, but momentum is growing, with central European forwarders expanding eastward.
Frankfurt-based Quick Cargo Service has plans to increase its footprint in eastern Europe next year.
“We already have an office in Poland, we want to expand to neighbouring countries,” said CEO Stephan Haltmayer, adding that the move was being propelled by the forwarder’s clients.
“I think many companies are considering ‘do we have to source …

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More modal shift as shippers and forwarders seek alternatives to costly airfreight

As the prospect of a return to pre-Covid rate levels recedes ever further, relentlessly high airfreight pricing is prompting more and more shippers to look for alternatives.
Forwarders are being tasked to understand their supply chains better and come up with creative solutions.
But they and shippers see no sign of pricing descending from the stratosphere any time soon.
“It will be some time before we return to pre-Covid rate levels,” said Jeff …

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Battle for business via online offerings heats up among forwarder ranks

The trend towards defined services that shippers can book online is spreading – and it is not limited to the multinational logistics players.
Smaller forwarders are gearing up to join the battle for business their sales staff could not previously get near.
The latest from the large operator pool to unveil a line of digital offerings is Damco, the forwarding arm of the AP Møller Group.
Last week, it launched three services clients …

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