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13th December
The logistics sector is fragmented and is going to consolidate aggressively. That was the message from CEVA's John Pattullo speaking at the eyefortransport's recent European 3PL Summit in Antwerp. "How many other sectors are there where the top ten providers control less than 30% of the market?" asked Pattullo, suggesting that the consolidation would be paralleled by the emergence of logistics service providers from emerging markets. Consolidation would also produce a stronger breed of companies which are better capitalised and able to employ high calibre personnel. This in turn will drive more innovation and thus strengthen such providers' position in the market place.
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