Subscribe to RSS feedChinese middle class will drive intra-Asia box boom
SURGING demand from China’s rapidly expanding middle class is set to drive significant growth in intra-Asian box volumes so that the region generates 50% of global container traffic by around 2015, according to a top industry participant.
Ken Bloom, chief executive of e-commerce platform Inttra, said intra-Asian trade formed about 35% of the box market.
“We believe it is the fastest growing of all the trade lanes. In about five years intra-Asia will form about 50% of...
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