Emerging markets will become more and more important in the global economy, as countries like India and China report growth rates of around 10%, in sharp contrast to the developed Western economies. The CEO of Agility Europe wrote in the journal of the Chartered Institute of Logistics and Transport that logistics providers need to re-examine their transport networks and market priorities.
International companies have invested heavily in establishing manufacturing hubs in Asia and the Middle East,with obvious implications for the growth of imports from these areas into the West. The China to Europe route is being developed with new sea, air and rail freight services, all trying to reduce transit times and improve access to Europe, the Nordic countries, the Baltics and Russia.