News / China still powers ahead as Asia-Pacific captures more contract logistics

The Asia-Pacific region will take an even bigger share of the global contract logistics market, as the developed economies of Europe and the US lose ground.

According to Ti’s Global Contract Logistics 2018 report, contract logistics providers in Asia-Pacific will see their market share increase by almost 7% in the next four years, with China the big winner.

“China’s contract logistics market continues to expand at an unrelenting pace, with a 2017 real growth rate of 13.7%,” says the report.

“The economy grew at ...