Five things to know about the Chinese logistics market this year

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An interesting little bit of crystal ball gazing from US consultancy McKinsey from late February – published shortly after Russia launched its invasion of Ukraine, but probably written before it, so caveats apply on what’s going to happen in China this year. Briefly: more stellar earnings for forwarders profiting from continuing supply chain congestion; more M&A, paying particular attention to “a new Chinese logistics juggernaut” in the shape of the recently formed China Logistics Group; cut-throat competition and rate wars ...