Datamonitor have published a press release providing analysis of the global logistics and express market. The press release says that the global logistics and express market will shake off the effects of the recession to reach a value of US$4 trillion by 2013, up from its current value of US$3.5 trillion (15 April 2010).
Demand will continue to shift away from North America and Europe to the emerging markets of Latin America, BRIC (Brazil, India and China) and the Middle East. This trend is reflected in the fact that North America and Europe are expected to lose a 2.2% and 1.5% share of the global market by 2013, while Asia Pacific is expected to gain nearly 1.5%.
Datamonitor believes sustainability and cost-effectiveness will be two of the main drivers of the industry’s development between now and 2013. This will result in a modal shift, with air freight losing ground to rail, road and sea.
For more information see here.
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