Why Road Freight Is Gaining Traction in the SEA Supply Chain
In the supply chain, air freight is often considered the fastest mode of travel. However, road freight is now increasingly growing in demand in Southeast Asia. More businesses are now seeing road freight as a more convenient route as well, thanks to new capabilities and features provided in the road freight industry. For DHL, one of the largest logistics companies in the world, the growth in the e-commerce sector in the region has pushed for increased demand in cross-border transportation. The predicted upswing is driven by the renewed economic growth in many of Southeast Asia’s leading economies, as manufacturing rebounds and companies regionalize and diversify their supply chains. This outlook is similarly echoed for Malaysia as the market is expected to see a slight economic rebound of 6% this year.
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TECHWIRE ASIA