DHL Global Forwarding: Ocean freight market update (October 2018)

November 16, 2018 Alessandro Pasetti

DHG GF: “Topic of the Month: Impact of Trade Tariffs”

Monthly update: “How customers react? Forward extra cost to customers or accept lower profit at least for the short term”.

More: Re-source import supplies from alternative country and re-route exports(e.g. Chinese honey industry exporting into US via 3rd country) ; re-locate production to other countries; stop business due to cost & margin pressure.

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