The New Silk Road: Have You Evaluated Your Freight Options?

TMC

This shows that shippers are capitalizing on new mode/route combinations that will help them save cost, reduce lead time, and mitigate supply chain disruptions and risks (such as labor disputes in the ocean shipping industry). suppliers of frozen chicken to Kazakhstan began shipping product via the Black Sea and onward through Georgia, Azerbaijan, and across the Caspian Sea, to bypass trade restrictions imposed by Russia. Source: World Economic Forum, [link].

Freight In The Year Of The Monkey

Freightos

Chinese carriers are increasingly using these platforms to consolidate LTL loads, driving more effective shipping. Given China’s fragmented trucking market and heavily tolled road infrastructure, platforms introducing more cost-effective shipping should become even more popular. China will have the lead, connecting economies like Azerbaijan and Ukraine to the international market, but OBOR will bring new logistics origins online. Image Source: Brics-Info.org.