In the past year, Southeast Asia was affected by the COVID-19 epidemic, and many industries in many countries had to suspend work and stop production. The entire Southeast Asian economy was greatly affected. It is reported that the epidemic in many Southeast Asian countries has been eased recently, some companies have begun to slowly resume production, and the economy has gradually recovered.
As we all know, the manufacturing industry in Southeast Asia occupies a certain proportion of the world, and products made in Southeast Asia are sold to all corners of the world. The resumption of work and production by more and more Southeast Asian companies means that export routes in Southeast Asia will face insufficient capacity. According to the analysis of the logistics companies, the Southeast Asia route will be like this year’s West Coast route, with a shortage of containers and skyrocketing freight rates for container ships, which will continue for a long time. This situation is undoubtedly a great blow to import and export companies that have business contacts with Southeast Asia.
Once the freight rates of Southeast Asia routes raise, the profits of import and export companies will be greatly affected. Companies with Southeast Asian operations should confirm their orders as soon as possible, reserve space for their goods, and ship them as soon as possible. Especially for Southeast Asian companies buying bulky and heavy goods in China, such as purchasing diesel generator sets, they must choose generator set manufacturer with its own factory to cooperate, because the generator manufacturer with its own factory can quickly produce according to customer needs to avoid the increase in logistics costs and other costs caused by the longer delivery time, and it fully protects the interests of buyers.
Post time: Nov-19-2021
