Wan Hai launches another regional loop as India-Vietnam trade expands
Taiwanese carrier Wan Hai Lines is targeting the trade expansion between India and Vietnam as ...
© Marian Vejcik Dreamstime.com
The airfreight market could see a temporary shift, owing to changes in semi-conductor production, following yesterday’s 7.2 magnitude earthquake in Taiwan.
The earthquake, Taiwan’s largest in 25 years, caused at least nine fatalities and injured an estimated 900 people, and hit the world’s largest production centre for semiconductors.
It has already affected airfreight rates, according to supply chain experts.
The island produces the lion’s share of the world’s semiconductors, some 60-90%, depending on type, and is home to Taiwan Semiconductor Manufacturing ...
Comment on this article
Pichuiyer Balasubramanian
April 04, 2024 at 2:22 pmThe whole world is realising how unintelligent is the decision to leave production to a few countries, factories or regions. The whole world slows down if ‘that’ country, region or factory gets into production problems – ranging from natural to man made issues.