The whole town seems to have "made in China" stuff everywhere. Does this tells something?
I don't know about you. For me, my daily household products are filled with label that says "made in China". Is it a good sign? I don't know.
Almost every week, I'll face difficulties filling up the vessel which u-turning back to the Far East. However, the vessels coming down to SEA is filling up till they have no space to accomodate the increasing volume of exports.
The booming economy of China is like a big baby just found out that there is so many interesting things happening around her. she'll reach out to almost anything that she come across.
Is it that Malaysia doesn't know how to carry herself well? Or there is potential which is not being taken seriously?
Thursday, October 26, 2006
Sunday, October 15, 2006
I always wonder.......why that Malaysia, especially Port Klang, have such stiff competition on ocean freight's price war? Is it because too many local freight forwarders mushrooming at the local scene? Or perhaps globalisation sets in, many international/ regional shipping lines came into the pictures? Or Malaysia (Port Klang) is such a strategic location that major/ minor shipping lines wouldn't wanna miss out this great piece of cake?
As I'm working in this industry, in the sales arena to be specific, every working day is like a share trading day. Ocean freight rates can go up and down within a day's time. (Luckily that I still have a young heart, otherwise, you'll have to visit me in the hostipal very often)
Shipping Lines will always complain that the profit margin is like going in the down-side everyday. Freight forwarders will always comment that is hard to maintain the contribution of margin for every shipment (Some even saying that with zero profit they will still continue to move the cargo, just for the sake of keeping the customer).
It seems that the massive internal competition between lines & lines, freight forwarders & freight forwarders, lines & freight forwarders, etc, are killing each other very soon. The one that seems benefit the most would be the exporters or importers, as internal rivals keep driving the ocean freight down & down.
Well, don't get me wrong. Competition is vital to drive many areas of service/ product to a better level. Without that, you won't be seeing much improvement.
As I'm working in this industry, in the sales arena to be specific, every working day is like a share trading day. Ocean freight rates can go up and down within a day's time. (Luckily that I still have a young heart, otherwise, you'll have to visit me in the hostipal very often)
Shipping Lines will always complain that the profit margin is like going in the down-side everyday. Freight forwarders will always comment that is hard to maintain the contribution of margin for every shipment (Some even saying that with zero profit they will still continue to move the cargo, just for the sake of keeping the customer).
It seems that the massive internal competition between lines & lines, freight forwarders & freight forwarders, lines & freight forwarders, etc, are killing each other very soon. The one that seems benefit the most would be the exporters or importers, as internal rivals keep driving the ocean freight down & down.
Well, don't get me wrong. Competition is vital to drive many areas of service/ product to a better level. Without that, you won't be seeing much improvement.
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