May 5, 2015
By Peter Trischwell
...“I believe that less than 20 percent of freight (click here) is transit time sensitive and it’s getting lower every year,” James Newsome, CEO of the South Carolina Ports Authority, told JOC.com this week. “I don’t think there is that much transit-time sensitive freight.”...
...The growing prevalence of non-transit time sensitive containerized freight is one reason why Newsome said he sees no threat from the Port of Miami, which has a 50-foot channel and is promoting itself as a new gateway for Asia imports into the U.S. interior....
I actually expect less imports in years to come. The Chinese middle class is growing and their demand for quality domestic goods will result in better Chinese manufacturing and sales to domestic demand.
The Chinese people are known to demand higher quality goods than offered within the sovereign borders of China. They demand and pay higher prices for baby formula imported from The West. They love their children and demand for quality is obvious. As the Chinese middle class grows so will demand for domestic products that meet their quality demands.
Shipping of any kind has become expensive. Chinese business entrepreneurs will find a domestic demand more inviting than exports.
By Peter Trischwell
...“I believe that less than 20 percent of freight (click here) is transit time sensitive and it’s getting lower every year,” James Newsome, CEO of the South Carolina Ports Authority, told JOC.com this week. “I don’t think there is that much transit-time sensitive freight.”...
...The growing prevalence of non-transit time sensitive containerized freight is one reason why Newsome said he sees no threat from the Port of Miami, which has a 50-foot channel and is promoting itself as a new gateway for Asia imports into the U.S. interior....
I actually expect less imports in years to come. The Chinese middle class is growing and their demand for quality domestic goods will result in better Chinese manufacturing and sales to domestic demand.
The Chinese people are known to demand higher quality goods than offered within the sovereign borders of China. They demand and pay higher prices for baby formula imported from The West. They love their children and demand for quality is obvious. As the Chinese middle class grows so will demand for domestic products that meet their quality demands.
Shipping of any kind has become expensive. Chinese business entrepreneurs will find a domestic demand more inviting than exports.
