The global e-commerce logistics market grew 27.3% in 2020, according to the latest data from Transport Intelligence, reflecting a surge in e-commerce demand, exacerbated by the coronavirus pandemic. With a market share of 41.6% globally, Asia Pacific represents the world’s largest market, with China leading the way. 2020 growth The Asia Pacific e-commerce logistics market grew 22% in 2020. Valued at around €153b, it is the largest regional market, accounting for 41.6% of the global total. In … [Read more...] about Asia Pacific to take lead in ecommerce logistics
Transport Intelligence
Asia Pacific leads top emerging markets for logistics
Asia-Pacific nations led all emerging logistics markets as China, India and Indonesia took the top three spots in the Agility Emerging Markets Logistics Index, a broad gauge of competitiveness based on logistics strength and business fundamentals. Among ASEAN countries, Vietnam climbed three spots to end up at eighth, whilst the Philippines inched up a spot to 21. Indonesia, Malaysia and Thailand remained strong to claim the third, fifth and 11th spots, respectively. Also read: Forwarders … [Read more...] about Asia Pacific leads top emerging markets for logistics
WHO faces ‘outrageous’ air freight rates for vaccine-related shipments
The World Health Organisation’s logistics chief last week complained about “outrageous” airfreight charges for vaccine-related consignments as lack of capacity has driven prices up amidst the pre-holiday rush. Paul Molinaro, WHO chief of operations support and logistics, told Reuters that “across the board” increases in airfreight rates could make the movement of vaccines to emerging nations more difficult. He cited rates for the movement of dry ice needed to maintain vaccines at cold … [Read more...] about WHO faces ‘outrageous’ air freight rates for vaccine-related shipments
APAC will form one-third of contract logistics market
Asia-Pacific is expected to account for over one-third of global contract logistics activity by 2017, according to a new report by consultants Transport Intelligence (Ti). The region is now more than just a major export region and now offers a variety of opportunities for shippers and logistics providers. While China remains the focal point for much of the region’s logistics activities, infrastructure projects – port and airport expansion, road and rail extension and … [Read more...] about APAC will form one-third of contract logistics market
Logistics must adapt to auto industry changes
According to a new report by Transport Intelligence (TI) titled Global Automotive Logistics 2009, the next year will be critical for logistics companies to come to terms with the systemic restructuring which the industry is undergoing. The report highlights the state of the US market, in which General Motors and Chrysler have been bankrupted and Ford’s production capacity severely compromised. In contrast, Hyundai, Volkswagen and Daimler are opening new plants and Toyota, … [Read more...] about Logistics must adapt to auto industry changes
Logistics survey provides glimmer of hope
The results of Transport Intelligence’s latest Global Logistics Business Confidence Index show a significant return of optimism to the market. Although the index weakened slightly in April from +1.05 to -4.43, there was far morepositive sentiment about the future. Overall the index assessing confidence in the state of the market in twelve months time moved from a score of -26 in February to +4 in April. This contrasts strongly with the results in February and March whenrespondents … [Read more...] about Logistics survey provides glimmer of hope