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Contract logistics expected to expand at a healthy rate
2015-05-03 19:26:31| Logistics - Topix.net
The global contract logistics market expanded by 5.4 per cent last year to 177.6 billion euros , according to TI's new report, which incorporates market sizing data techniques, A healthy compound annual growth rate of 6.8 per cent is forecast for the global market from 2014-18, which will see Asia's importance to solutions providers loom large. Over this period, the Asia-Pacific market could grow by a CAGR of 10.7 per cent to 85.5 billion euros and account for 37 per cent of the global market, up from 32 per cent last year.
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Category:Transportation and Logistics