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VietnamShipper |
Date: (01-07-2010)
Supply Chain Management
Out, near and reverse sourcing
Trends in sourcing will be a major driver of change for freight movement supply chains.
The freight movement supply chain needs to brace itself for more change.
Not only the inbound/outbound balance but also the composition of cargo will change. One of the main indicators of this change will be outsourcing trends.
Over the last 60 years world trade in manufactured goods has grown on average slightly twice as fast as global gross domestic product. This means economic growth isn’t the only driver of trade growth.…(Read more on Vietnam Shipper Issue No. 69)
Logistics
Germany Tops the List of Logistics Performers
The capacity of countries to efficiently move goods and connect manufacturers and consumers with international markets is improving around the world, but much more progress is needed to spur faster economic growth and help firms benefit from trade recovery, according to a recent World Bank Group survey on trade logistics.
Germany is the top performer among the 155 economies ranked in the Logistics Performance Indicators (LPI), which are included in the report “Connecting to Compete 2010: Trade Logistics in the Global Economy.” The study is based on a global survey of international freight forwarders and express carriers. The United States ranks at number 15 on the list.…(Read more on Vietnam Shipper Issue No. 69)
Shipper in focus
Central and Eastern Europe Hold Opportunities for U.S. Exporters
The estimated $2 trillion Central and Eastern European market encompasses countries with tremendous diversity in size, industries and culture. Despite this diversity, the countries in the region also have much in common, making it an excellent place in which to do business:
Business regulation reforms over the past five years have made Central and Eastern Europe much more accessible in terms of ease of doing business.
The region’s growing middle-class is spending its new disposable income on long deferred consumer goods. The significance of the middle class is now an important and permanent factor in these economies.
Low-cost access to the huge European Union (EU) market also makes the region an attractive base for serving EU-wide clients. While a number of the countries in the region are EU members with euro-based economies, others hope to join this club in the near future. The established market economies such as Poland, Czech Republic and Hungary may be easier, more traditional markets for U.S. exporters, but the transitional economies like Bulgaria and Romania offer their own opportunities, such as major infrastructure projects. …(Read more on Vietnam Shipper Issue No. 69)
Airfreight
Air Transport Industry Recovering Faster Than Expected
The International Air Transport Association (IATA) halved its loss forecast for 2010 to US$2.8 billion (compared to the $5.6 billion loss forecast in December 2009). The improvement is largely driven by a much stronger recovery in demand seen by year-end gains that continued into the first months of 2010. Relatively flat capacity translated into some yield improvement and stronger revenues.
IATA also lowered its 2009 loss estimate to $9.4 billion from the previously forecast US$11.0 billion loss.
Improvements are driven by economic recovery in the emerging markets of Asia-Pacific and Latin America whose carriers posted international passenger demand gains of 6.5% and 11.0% respectively in January. North America and Europe are lagging with international passenger demand gains of 2.1% and 3.1% respectively for the same month.…(Read more on Vietnam Shipper Issue No. 69)
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