Container sector follows as manufacturing shifts south
Carriers have been quick to respond to the manufacturing shift, rolling out a host of new services to Vietnam, Thailand, Cambodia and other Southeast Asian hubs
The coronavirus backdrop and trade tensions have helped fast-track the manufacturing shift to Southeast Asia away from its traditional home in south China. While there is still a vast disparity in volumes, with China comfortably the region’s biggest exporter, there is an emerging chunk of cargo migrating south