Logistics operators look to emerging markets plan B
Faced with a volatile global economy, investment into the logistics industry fell significantly last year. Now many within the sector are being forced to adjust both their business and supply chain strategies and look to emerging markets for signs of growth.
Tarek Sultan, Chairman and Managing Director of Agility, attributes the company’s success as one of the Middle East’s largest logistics providers to its position with regards to emerging markets. “We did not start as a company in the developed markets,” he says. “We grew from the emerging markets, and that has been important because as we look forward to the future it is going to be dependent on the emerging markets and it is important to develop a skills set that is relevant.” Read more.