Dachser Sees Expansion of U.S. Exports to China
Atlanta - Dachser Transport of America Inc. released a statement from the managing director of Dachser Far East Ltd. concerning trade patterns between the United States and China.
"We have seen some sluggishness during the last six months, but the U.S. economy is showing positive signs of recovery, and China is forecasting 7.5 percent growth in its Gross Domestic Product (GDP) in 2012," said Edoardo Podestá, Managing Director, Dachser Far East Limited. "China's imports have grown significantly during the last five years, driven by consumer demand, and there has been a corresponding increase in imported goods from the U.S. A smaller portion of China's imports are of goods which will be processed for export, and a higher portion is going straight into domestic consumption."
Dachser continues to make significant investment in its network of offices in the U.S. and China, providing value-added services, such as supply chain consulting, export and import compliance consulting, letter of credit services, logistics execution and transportation services.
Recent developments include the opening of a new Shanghai warehouse, specifically equipped with modern shelving systems to support growth in contract logistics business in China. The new warehouse provides space for up to 16,000 pallets in an area of 108,000 square feet. Dachser USA has grown its logistics business significantly in recent years from $11 million in revenue in 2004 to more than $120 million last year, adding offices nationwide for international air freight and ocean freight forwarding.