While beneficial to billions of people, the China trade surge has created unprecedented complexity, additional costs and potential choke points in thousands of international supply chains that touch the country, according to Brian Lutt, president of APL Logistics. Lutt recently warned delegates at the Transpacific Maritime Asia Conference in Shenzhen that these challenges will be magnified as China looks to spread wealth beyond the coast.
“Getting products to market from China quickly, reliably and cost-effectively already keeps logistics providers and their customers up at night,” said Lutt. “But the main production and consumption zones are still clustered in the east of the country. So, the challenges we face today will be multiplied many times once China’s vast hinterland is unlocked.” [Full Text]
[Image: The DP World Hong Kong terminals are busier than ever., by Les Stone by DP World.]