Lufthansa Cargo adds capacity as Asia Pacific ecommerce boosts revenue
A focus on Asia Pacific helped boost Lufthansa Cargo’s nine-month revenues, although ebit fell significantly. While ...
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By Sam Whelan
Asia Pacific economic growth and supply chain diversification is spurring strong demand for intra-Asia container trades, with a flurry of new services launched in June.
A new whitepaper from Maersk has highlighted the extent of Asia Pacific’s trade growth, noting the region’s “meteoric rise as a consumption market” has prompted 50% growth in intra-Asia exports since 2019.
“This includes a quadrupling of e-commerce during the past three years, which is further expected to grow to $300bn by 2025,” Maersk added.
“The shift towards ...
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