Disrupted Middle East transit routes squeeze sector, pushing freight costs higher and pressuring supply chains
While some saw opportunities in alternative Central Asian corridors, Chinese businesses reliant on the region as a critical trade artery remained exposed.
But the firm’s decision had unexpectedly backfired, landing it in even deeper trouble. “We chose this route at higher costs to avoid the Red Sea tensions, but the current situation looks very bleak,” he said.
“We currently have about 100,000 tonnes of cargo stranded at the airport, mainly e-commerce parcels, and both the sellers in China and clients in Europe are extremely worried.”
Source: News - South China Morning Post