The
global B2B networking platform - BusinessVibes released a report
titled "Global Logistics Industry Outlook 2014" that
provides extensive figures and facts about the global logistics
industry.
London,
UK (May 14, 2014) -- The global B2B networking platform –
BusinessVibes
released a report titled "Global Logistics Industry Outlook
2014" that provides extensive figures and facts about the global
logistics industry. This report helps members on BusinessVibes to
analyze the current market and potential opportunities critical to
the success of the logistics industry in the worldwide.
The
detailed content in the report, "Global Logistics Industry
Outlook 2014", will help the industrial professionals, potential
investors, decision makers, analysts, and other individuals and
organizations to navigate through the evolving market for global
logistics.
Logistics
is one of the most important basic industries for any economic growth
as it is the management of the flow of products from the place of
their origin to the place of their consumption, thus the industry
also involves the integration of material handling, warehousing,
packaging, transportation, shipping security, inventory management,
supply chain management, procurement, and customs service.
The
global logistics industry mainly comprises a complex range of freight
and cargo related transportation sectors, such as shipping,
warehousing, courier, and road/rail/air freight. The total global
logistics market reached a value of about $4 trillion in 2013,
representing an almost 10% of global GDP. The global transportation
services market is fastest growing sector with more 7% year on year
growth since 2011, now it is expected to generate revenue of 3.8%
trillion in 2016. The US currently accounts for more than a 42% of
global transportation services sector.
Over
the next few years the global logistics market will see the growth in
demand away from traditional Western economies to the emerging
markets of China, India, other Asian economies, the Middle East and
Latin America. However the size of the US and European logistics
industries will still remain strong.
The
Logistics and Shipping industry portal on BusinessVibes, as one of
its 97 industry portals, provides a comprehensive database of
companies in the global market. This database includes top global
players, also showcases a list of trade associations and upcoming
events in the Logistics and Shipping industry.
For
more information about this report, please visit:
http://www.businessvibes.com/blog/report-global-logistics-industry-outlook.
Media
Contact:
Nick
Huang
Marketing
Executive
BusinessVibes
Network International Inc
8
Wimpole Street
London
W1G 9SP, UK
+44
20 7291 0883
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