Middle East to lead global logistics growth

With its strategic location between the West and Far East, the logistics sector in the Middle East is set to grow further. With an anticipated growth of between 17 and 19 per cent, the region’s logistics business is expected to outgrow the entire industry, which is expected to grow at nine per cent. The worldwide contract logistics industry grew by nine per cent to just over $140bn in 2007, according to new figures published in Transport Intelligence’s latest benchmark report, Global Contract Logistics 2008

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