As volatility continues to reshape global supply chains, more companies are diversifying production sites under a China Plus X strategy to reduce risk.
Amid shifting global landscapes, road freight is clearing a path for Southeast Asia to emerge as prime ground for a Plus One strategy.
Road freight remains a viable door-to-door solution in multimodal logistics for a land-connected region such as Southeast Asia.
Key points include adopting sustainable business models, leveraging technology, and having a global mindset.
In Southeast Asia, the market share of road freight is expected to grow substantially with new initiatives and an imminent economic recovery.
Renewed economic growth in ASEAN countries will give rise to demand for cross-border road transportation as trade recovers, according to a DHL whitepaper.
There are opportunities for the road freight sector in Middle East and Africa (MEA) despite the Covid-19 pandemic, shares Tobias Maier, CEO, Saloodo! MEA.
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