DHL Launches Freight Capacity Management Program
DHL Global Forwarding is responding to global trade growth with freight capacity initiatives designed to support customers in a challenging market environment.
Initiatives include securing sufficient long term capacity on some of the world’s busiest trade lanes such as, to and from Asia Pacific, where carrier rates are climbing as a result of shortfalls in freight capacity.
Roger Crook, CEO DHL Global Forwarding, Freight said, “As global trade picks up — fueled by spiking demands in technology — DHL is seeing customer volumes increase on many trade lanes, especially in Asia Pacific. In this scenario, where capacity is tightening and demand is rising, upward pressure on prices is virtually unavoidable.”
Recent data shows that global exports are on the increase. According to IHS, exports are up 4.4 percent in the third quarter of 2014 compared to 2013[1].
Asia Pacific is showing the most marked trade improvement compared to other regions. Trade activity among Asia’s emerging markets rebounded from low growth in the first quarter of 2014 and has been on an upward trend ever since.
Category: General Update