Hong Kong freight forwarding services have flourished along with China’s economic development. Manufacturing activities in the Pearl River Delta (PRD) have provided Hong Kong logistics sector with many business opportunities. However, due to the changes in the business environment, the industry is facing many challenges: competition from other local logistics companies in China, a shrinking market share on the shipping side, and increasing operating costs.
This book is designed to answer two questions: will the PRD continue to serve as the manufacturing powerhouse of the world and will the logistics service users in the PRD continue to use the Hong Kong forwarding logistics service providers?
Based on research examining the competitive edge of Hong Kong as a logistics hub, we present a different view. Although sea freight volume via Hong Kong is decreasing, Hong Kong will continue to lead the world in total air cargo throughput for the foreseeable future. This book sheds light on the shape of the future development of the logistics industry.