German forwarder Dachser banks on US-China trade bringing growth
2012 04 10
- Details
DACHSER, a family-run German logistics company, is banking that China-US trade will provide sustained growth for the company in coming years.
"We have seen some sluggishness during the last six months, but the US economy is showing positive signs of recovery and China is forecasting 7.5 per cent growth in its GDP in 2012," said Dachser Far East chief Edoardo Podest.
"China's imports have grown significantly during the last five years, driven by consumer demand and there has been a corresponding increase in imported goods from the US. A smaller portion of China's imports are of goods which will be processed for export, and a higher portion will go into domestic consumption," he said.
The global logistics provider has invested in building its network of offices in the US and China and offered value-added services - like logistics consulting, export and import compliance consulting or letter of credit services.
Imports to the US from China rose two per cent to 709,410 TEU in January when compared to the same month in 2011.
Source Shipping Gazette - Daily Shipping News
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