The rise and rise of the logistics industry
The logistics industry has experienced another breakthrough year in the Middle East, with a series of important developments helping to boost the
region's status as a leading global distribution hub.
Although the sector has experienced a massive boom in 2007, business is expected to peak even further next year. Indeed, the foundation for future activity is already being laid, with exciting projects such as Dubai Logistics City, transPARK, Prince Abdul Aziz Bin Mousaed Economic City, Bahrain Investment Wharf and countless others making steady progress, not to mention the continued growth of Jebel Ali Free Zone.
It's also been a fantastic year for Logistics Middle East magazine, which has experienced growth in size, circulation and profitability. Over the past twelve months, we've published a series of groundbreaking news stories, featured in-depth case studies and analysed important topics that affect the entire industry. The feedback from readers has been overwhelming and the magazine will undoubtedly move from strength to strength next year.
Also this year, our publisher, ITP Business, organised the very first Supply Chain and Transport Awards (SCATA), which celebrated the massive achievements of companies and individuals in the Middle East's logistics industry. The awards ceremony was a phenomenal success, attracting 250 high profile individuals from the sector, with winners including the likes of DHL Middle East, Agility, Emirates SkyCargo, GAC and Dubai Cargo Village.
Of course, the industry also experienced some turbulence this year. A skills shortage threatened future growth, concerns were raised over the sector's attitude towards safety and security, and the lack of liability insurance continued to spark a debate about business ethics. The ability to overcome such hurdles is a testament to the industry's knack of triumphing in the face of adversity.
As we bid farewell to 2007, this issue of Logistics Middle East looks back at the highs and lows of the year. We have some of the biggest industry players analysing their activities over the past 12 months and showcasing the reason why the regional logistics industry has created so much buzz around the world. Enjoy.