Logistics is facing an era of unprecedented change, and resilience and agility are critical to unlock business growth. The coronavirus outbreak has reshaped the world, and the supply chain is disrupted due to traffic restrictions, lack of delivery capacity, and warehouse shortages. Digitalization takes hold and customer expectations evolve; as more consumers have begun online shopping in greater numbers and frequencies, new technologies are enabling greater efficiencies. Shipping lines have expanded their expedited services to capture rising demand for faster transit times from Asia.
Strong consumer demand in mainland China for imported products has not only boosted general trade in goods, but also fueled the expansion of cross-border e-commerce retail imports on the mainland. China’s recovery from the COVID-19 pandemic is, in large part, driven by consumer activity across e-commerce platforms.
Riding the wave of e-commerce and the awesome growth in South China, Yantian is exercising its agility to develop a collaborative supply chain. Yantian works closely with shipping lines to provide an extensive shipping service network, and new expedited cross-border -e-commerce express routes have been launched to deepen e-commerce reach. In addition, Yantian has also developed new clearance models and partnered with both upstream and downstream stakeholders to inject new impetus to the sector and to ensure fulfillment of orders in a timely and efficient manner.
As shipping disruption continues and value chains have grown in length and complexity, Yantian proactively monitors the changes of the shipping market and industry, facilitating collaboration and coordination across the extended supply chain and ecosystem. Yantian will continue to serve as a sustainable partner — as a smart, green, world-class port by providing world-class container terminal services to combat challenges and capitalize growth opportunities.
Agility will sustain growth in the ever-changing global supply chain.