European hauliers squeezed as rates fall and costs keep rising
Both spot and contract rates in the European road freight market have fallen as the ...
© Xuejingwen
Increased demand has exposed cracks in China’s logistics infrastructure, but it’s hoping its new ’five-year plan’ for the sector may be enough to stop an expected exodus of western multinationals.
The General Office of the State Council last month announced its first long-term plan for modernising China’s logistics system, with a focus on improving efficiency resilience and safety.
Although it is a five-year plan, according to state news agency Xinhua: “By 2025, a modern logistics system featuring supply/demand adaptation with internal and ...
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