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10 fantastic facts about the logistics industry

by David Ingham on Oct 6, 2009

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The regional logistics industry is on the up again.
The regional logistics industry is on the up again.

RELATED ARTICLES: 10 events that shaped the GCC’s logistics industry; Top 10 Middle East warehouse hubs; Top 10 tips for warehouse design; The world's top 3PLs

Despite the downturn of the last twelve months, the regional logistics sector has certainly come a long way since the dredging of Dubai Creek began in 1959.

The number of trucks on the region’s roads has doubled in just a few years and large sums continue to be invested in developments like Jebel Ali, Khalifa Bin Salman Port and Abu Dhabi Logistics Park. With the regional economy now seemingly on the up again, rapid growth in the logistics industry is sure to follow.

In celebration of the logistics industry’s success, and with the first SITL Dubai just a few weeks away, here are ten facts that remind us why the regional logistics industry remains so strong.

AED 25 billion
Projected development budget of the UAE’s planned national railway. The 1100 km line will primarily be used for freight transportation.

1380 metres
Length of new jetty under construction at Port of Sohar. The port will become one of only a few capable of receiving very large ore carriers. 

US $6.80 billion
Amount of revenue generated by Kuwait-based Agility in 2008, making it the world’s tenth largest 3PL, according to Armstrong & Associates.

SR 300 million
Amount of money that Wared Logistics, KSA’s newest 3PL, says it has earmarked for investment in its expansion.

153,000
TEU capacity of United Arab Shipping Company in August, a 17% year on year rise that puts it in the world’s top 20 container shipping lines.

Click here for five more fantastic facts about the GCC’s logistics industry.

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