Freight and logistics market
The freight and logistics market is huge and getting growing fast, with different types of transports :
Road transport
Air transport
Sea transport
Road Transport
410.3M tons
of freight in 2016
Sea Transport
143.2M tons
of freight in 2016
Air Transport
101M tons
of freight in 2016
The World Bank’s Logistics Performance Index shows Egypt has significantly improved its logistics performance over the past few years, with the country moving from 92nd in 2010 to 49th in 2016.
And by 2018, Egypt dropped to 67th with LPI (Logistics Performance) score 2.82.
In 2017, Egypt’s Export value $30.1B
There’re many challenges that effect on the freight and logistics market :
- Technology lack : The lack of using the new technology and solutions holding many opportunities and waste the security advanced.
- Protectionism : There’re many risks and issues during the shipment process
- Government issues and regulations
- Cost risk management : More and more cases of partial or total shipments loss or damage are raising every day and that because of the slackness, the unprofessional companies, and the individuals .. and so on
For the traders market, there are 10 global leaders as traders :
- United states
- China
- Germany
- United Kingdom
- France
- Netherlands
- Ireland
- Japan
- India
- Singapore
Global trade foretasted volume growth of 4.4% in 2018 and 4.0% in 2019.
The global export by products 2017, show in the figure :