Recent trade agreements, such as the RCEP in Asia-Pacific, are reshaping global supply chains. This article examines how these deals affect freight demand, focusing on increased cross-border e-commerce. For instance, the agreement has streamlined tariffs and boosted intra-regional trade in Southeast Asia, creating new opportunities for freight forwarders. The piece also discusses how companies are adjusting their strategies to leverage these agreements, from reconfiguring supply chains to investing in local hubs. Insights from economists underline the importance of robust logistics networks in maximizing the benefits of such treaties.
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