Intra-Asia trade will increasingly benefit from the rapid growth of consumption in Asia as a higher percentage of cargo is shipped to end markets within the region versus destinations in other parts of the world, according to Rajiv Biswas, Asia Pacific Chief Economist, IHS Global Insight.
This election season, we've heard Republican and Democratic presidential candidates alike decry international trade deals for sending manufacturing jobs overseas. And candidates have vowed to bring the jobs back. Some factory work is indeed returning from offshore, a movement known as "re-shoring."
Asia dominated global shopping-center development last year, claiming nine of the 10 busiest global markets for retail construction, according to a report released by CBRE Group, Inc. Overall, global retail space under development increased last year to 451 million square feet from 420 million in 2014.
PT. Yusen Logistics Indonesia has launched a consolidation air freight-forwarding service from Semarang Airport (Achmad Yani International Airport) in Central Java, Indonesia.
Challenge: In a world where speed continues to gain in importance, customers expect the ordered products to be delivered quickly. As a result of digitalization, the client found himself operating in an increasingly shrinking paper market.
Challenge: The conference pear is firm and well suited to export, but short transit times are nevertheless very important. Also, the cost of transport plays an important role, as it makes up some 10% of the retail price of the pear.