Tags: Global Logistics
Key takeaways from TI’s Global Contract Logistics 2017 report:
- The global contract logistics market grew by 3.9 percent in 2016, up from 3.7 percent in 2015.
- Asia Pacific has overtaken Europe as the biggest market for contract logistics.
- Seven of the 10 largest markets grew at a slower rate than in 2015.
- The market is forecast to grow at a real 2016-2020 compound annual growth rate of 4.8 percent.