As we step into 2024, the landscape of global trade continues to evolve, presenting both challenges and opportunities for industry players. Among the myriad of tradelanes, the Transpacific route stands out as a pivotal corridor, connecting the economic powerhouses of Asia and North America. However, its journey over the years has been marked by disruptions and service level hits, making it a focal point for industry veterans seeking to chart a course for growth in the year ahead.

In our recent poll among industry veterans, a resounding consensus emerged, highlighting efficiency as a key growth area for 2024.

What does our recent poll with industry veterans and experts on industry trends reveal, for Transpacific Trade?

Digital Transformation and Automation: Leading the pack with a weightage of 28.8%, this priority reflects a recognition among industry veterans of the pivotal role that technology plays in enhancing efficiency and competitiveness in Transpacific trade.

Supply Chain Visibility and Tracking: Close behind digital transformation and automation, with a weightage of 27.2%, the emphasis on supply chain visibility and tracking underscores the importance of real-time insights into the movement of goods, enabling freight forwarders to adapt quickly to changing market dynamics.