6th October 2022, Bath, UK – Disruption, congestion and sky-high rates were the main causes of pain for emerging markets in 2022 but a digital future promised post-pandemic growth. Is that still true for 2023?
For the past 14 years, Ti has partnered with Agility to examine the competitiveness of emerging markets and compare them in ways that are useful to shippers, carriers, distributors and other stakeholders in the supply chain.
This week saw the launch of the 2023 survey, and we are inviting you to give your views.
Last year, the survey of over 750 supply chain professionals found that emerging markets will be faced with an uncertain and challenging year ahead, and uneven recovery for leading emerging logistics markets.
‘Adoption of technology’ was seen as the most important factor in shaping growth in emerging markets over the next 10 years, but half of participants felt that cost or access to sustainable transportation services would hold back their ability to operate more sustainably in developing economies.
The hope from last year was that governments and logistics companies would work together to address costs and develop sustainable transport and logistics services and that governments would reduce barriers to trade which prevent emerging markets from exploiting global markets.
But 2022 continues to be a challenging business environment for emerging and developed economies. Supply chains have become increasingly political, as explained in a recent briefing by Chief Analyst Thomas Cullen, with examples of China looking to create supply chains that are insulated from American influence and EU businesses reassessing investments in China.
If China’s share of global trade will decline over the next 5 years, what will this mean for potential new poles of trade growth in Southeast Asia and sub-Saharan Africa?
There is also the question of the impact of the Russia-Ukraine war and escalating energy prices on company operations in emerging markets. Will these issues act as barriers to increased investments in emerging economies?
These are only some of the topics covered in this year’s survey – have your say here.
About Transport Intelligence (Ti)
Transport Intelligence (Ti) is one of the world’s leading providers of expert research and analysis dedicated to the global logistics industry. Utilizing the expertise of professionals with many years of experience in the express, road freight and logistics industries, Transport Intelligence has developed a range of market-leading web-based products, reports, profiles and services used by many of the world’s leading logistics suppliers, consultancies, banks and users of logistics services.
For further information, please contact Michael Clover, Ti’s Head of Commercial Development, [email protected]
Telephone: +44 (0)1666 519907
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About Agility
Agility is a global logistics company with $5.1 billion in annual revenue and 23,000+ employees in more than 100 countries. It is one of the world’s top freight forwarding and contract logistics providers, and a leader and investor in technology to enhance supply chain efficiency. Agility is a pioneer in emerging markets and one of the largest private owners and developers of warehousing and light industrial parks in the Middle East, Africa and Asia. Agility’s subsidiary companies offer fuel logistics, airport services, commercial real estate and facilities management, customs digitization, and remote infrastructure services.
For more information about Agility, visit www.agility.com
Twitter: twitter.com/agility
LinkedIn: linkedin.com/company/agility
YouTube: youtube.com/user/agilitycorp
