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Latin America’s Booming International Logistics Market - June 2004
 Transportation & Logistics
 
Author: John Price
 

 In 2004, demand for international logistics services in Latin America will grow by 10% to 12% on a regional basis. Return of growth in both foreign direct investment and trade is fuelling this double-digit expansion of the sector. Global logistics companies make up an increasingly consolidated industry with fewer than 20 players with world wide sales of $1 billion or more. They continue to expand their service offering in Latin America, generating new demand by educating Latin American companies in the benefits of outsourcing.

 
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