CSCMP: German Logistics Industry Bounces Back; World's Top Infrastructure Key to Growth
BERLIN and SAN DIEGO, California, September 23, 2010 /PRNewswire/ -- Germany's infrastructure is recognized as the world's best. This has enabled the country's logistics industry to rapidly recover following the global recession. In the 2010 Logistics Performance Index published by the World Bank, Germany's infrastructure and its overall logistics performance are ranked No. 1. Germany Trade & Invest will be presenting opportunities in Germany's logistics industry at this year's Council of Supply Chain Management Professionals (CSCMP) annual Global Conference in San Diego, California, from September 26 - 29.
Germany's logistics industry generates over EUR 200 billion annually, easily making it Europe's largest logistics market. The country's central position in the EU makes it an attractive location for logistics hubs and distribution centers in Europe. Serving over 82 million German customers and nearly 500 million EU residents, Germany acts as a direct link to western and eastern European markets.
Richard Offermann, Director of Service Industries at Germany Trade & Invest: "Efficient logistics performance is the basis for trade and growth. With the world's top infrastructure, a culture of innovation and an outstanding workforce, Germany is an optimal springboard for logistics companies to reach the rest of Europe."
Germany Trade & Invest will have representatives on hand at this year's CSCMP to present the advantages Germany offers as a European logistics hub.
Germany Trade & Invest is the foreign trade and inward investment promotion agency of the Federal Republic of Germany. The organization advises foreign companies looking to expand their business activities in the German market. It provides information on foreign trade to German companies that seek to enter foreign markets.
Germany Trade & Invest
Eva Henkel
Email: [email protected]
T: +49(0)30-200099-173
F: +49(0)30-200099-111
SOURCE Germany Trade & Invest
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