Auto logistics providers brace for dip in volumes due to production downturn
Automotive logistics providers are bracing themselves for a dip in volumes, as the downturn in ...
With the coronavirus crisis disrupting automotive assembly lines, suppliers are increasingly looking to ad hoc airfreight for help.
On-demand freight platform Cargobase has seen a 40% uptick in expedited volumes since the crisis began.
“About 60% of the shippers using us are tier-1 or -2 suppliers to the car manufacturers, who usually use the platform for ‘expedites’ or tool moves. Now, they use the platform to find solutions in order to avoid potential disruptions of their manufacturing process,” said the company.
Cargobase shipments ...
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