08/06/2014
Transport intelligence(Ti), the leading global, transport-focused research house, estimates that the contract logistics sector in the Middle East will expand 33% by 2017 – an average of 7.5% a year -- to €3.15 billion from €2.36 billion in 2013. Ti predicts that growth in freight forwarding in the Middle East will be even stronger -- 7.8% annually until 2017. As a share of the region’s international freight forwarding market, ocean freight is expected to grow to 57.8% in 2017, up from 55.2% last year.
