With the rising cost of labor and land in domestic coastal areas, the impact of changes in the concept of migrant workers and the appreciation of the renminbi, many labor-intensive industries began to shift to the interior and Southeast Asia. It turned out that Dongguan is the world's largest shoe manufacturing base, but at present, large shoe factories have moved to other domestic provinces or Southeast Asia. Multinational companies such as Samsung, Nokia and Nike have already established their new factories in Southeast Asian countries.
Nike's factory in Vietnam, such companies need to transport a lot of raw materials from China to Vietnam every day
In these large labor-intensive enterprises, a factory can mobilize tens of thousands of workers, and the demand for raw materials is also huge. Since Vietnam's fastest growing industry is dominated by processing and assembly industries, and lack of other supporting manufacturing industries, many raw materials still need to be transported from the country to Vietnam, which provides a large amount of goods for domestic logistics companies.
The substantial increase in domestic private line logistics companies has intensified price competition among peers
Let’s talk about the current situation of domestic dedicated line logistics. With the increase of dedicated line logistics enterprises and the impact of a large number of retail customers, the price competition in the market is very fierce. Some people pull, there are more than 10 logistics companies running Dongguan special line in Dongguan City, and more than 20 running companies in Henan. The owner of a logistics company told me that the distribution is no longer profitable, and they have to form their own fleet to make money.
