The long-term infrastructure developments unveiled by Singapore Prime Minister Lee Hsien Loong at a recent National Day Rally include plans to expand Changi Airport and relocate the country's seaport.
Logistics complexity - in the form of fragmented channels, increased product variations, and consumer demand for customized solutions - has been increasing, according to a global study published by BVL International, a worldwide supply chain and logistics membership organization.
A new reform-minded government, a stable economy and sound infrastructure are among the factors combining to make Mexico a good market for logistics operations, says Eric Markeset, who is based in Mexico City as principal of consulting firm Tsol.
Third-party logistics will not become a commoditized service as long as providers continue to add value and differentiate their product offerings, says Greg Spudic, vice president of marketing and sales at Dimerco Express.