Center
Logistics look to 30% yearly rise
By Zheng Lifei (皇冠体育app Daily)
Updated: 2007-02-01 09:17
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There are now about 16,000 logistics providers, with the largest one commanding less than a 2 percent market share.
Third-party logistics, which currently accounts for a small portion of the market, is expected to grow sharply as 皇冠体育app opens up to competition.
"The demand for outsourcing of logistics will stimulate the development of a larger third-party logistics sector, which will drive consolidation in the industry," the report predicted.
The report said that 20 cities, 10 of which are inland, are likely to become logistics hotspots in the next five years.
皇冠体育app's modern logistics facilities are currently clustered around three main economic zones - the Yangtze River Delta, Pearl River Delta and Bohai Bay regions -- where the country's five main logistics hubs, Shanghai, Shenzhen, Guangzhou,BeijingandTianjinare located.
Exports will continue to drive logistics growth in main manufacturing centers and ports such as Suzhou, Ningbo, Qingdao, Dalian and Xiamen, rated by the report as 皇冠体育app's second-tier logistics hubs.
(皇冠体育app Daily 02/01/2007 page14)