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2022 to be another challenging year for container logistics industry

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Logistics Update Africa News
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2022 to be another challenging year for container logistics industry

Majority of the global container logistics industry (75 percent) is rethinking strategy for 2022, according to a survey by Container xChange.

While 71 percent of respondents said they will go for diverse sourcing, 43 percent said they plan to hold more inventory, and 21 percent said they will prefer entering into long-term contracts with carriers to avoid the spot market.

Some participants were also thinking of on-boarding more suppliers at competitive prices, and engaging in long-term business deals.


Read More...www.logupdateafrica.com

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Logistics Update Africa News