Flexport announces Vietnam facility as manufacturers shift to Southeast Asia
04 / 11 / 2019
Flexport has opened a new warehouse in Thu Dau Mot City, just outside of Ho Chi Minh City in Vietnam as manufacturers switch to the Southeast Asian country to avoid the ongoing China-US trade war.
The new facility will serve as a “vital hub” for operations in Southeast Asia, the forwarder said.
As a result of the US-China trade war, the manufacturing and production of some goods has been shifted form mainland China to Southeast Asia, and according to US Customs data provided by Import Genius, freight volumes from Vietnam this year, from January to September, increased by 32%.
Flexport’s new facility is therefore in an “ideal location” to serve the manufacturing industries located in Southeast Asia and will help suppliers navigate some of Vietnam’s biggest infrastructure constraints.
Flexport has partnered with ITL Corporation to deliver end-to-end visibility of its clients’ cargo. ITL staff will provide clients with real-time updates in the Flexport app, including cargo-in and cargo-out statuses, and cargo receipts.
