Developments in the Global Logistics Market

NEW YORK, June 14, 2017 /PRNewswire/ --

The growth of the global logistics market is directly correlated to the development of international trade flow and the current global economic environment. According to a report by Transparency Market Research, the Asia-Pacific and North America are the attractive markets for logistics, especially when it comes to contract services such as third-party logistics. The global logistics market, in terms of revenue, is set to expand from US$8.1 trillion in 2015 to US$15.5 trillion by 2023, registering a CAGR of 7.5% from 2015 to 2024. By volume, the market is expected to clock in a 6.0% CAGR from 2016 to 2024. Petrone Worldwide Inc. (OTC: PFWI), Deutsche Lufthansa AG (OTC: DLAKY), Celadon Group, Inc. (NYSE: CGI), Deutsche Post AG (OTC: DPSGY), Shipping America, Ltd. (NASDAQ: SINO).

In addition, emerging markets are becoming important to the industry, as intra-regional trade in emerging markets are becoming more and more vibrant. In the Asian Pacific, high GDP rates, is projected to continue boosting the logistics market. The report indicates that Germany is a prominent market for logistics in Europe, while other countries such as the U.K. and France have also been contributing considerably to the regional market. Europe is recovering from an economic slowdown and logistics companies are making massive investments to improve the infrastructure in various countries.

Petrone Worldwide Inc. (OTCQB: PFWI) is a company in the hospitality industry with global operations capabilities. Now providing third party logistics for overseas manufacturing companies attempting to sell their goods in North America, PFWI sells and markets products under its own proprietary name and acts as distributor for a wide variety of companies to the hospitality trade.

Earlier today Petrone Worldwide announced that its official purchase of inventory is to meet the increased demand in the European and India marketplace. PFWI's Founder, Victor Petrone, has spent over 20 years building a significant global network of institutional hospitality industry buyers (hotels, resorts and restaurants). PFWI is the exclusive importer and distributor for renowned brands. PFWI focuses as an importer and distributor throughout Europe and India for hospitality solutions for the finest hotels, restaurants and design firms worldwide, offering the hospitality industry an eclectic mix of materials and chic product options. This new inventory will increase PFWI's revenue for the next two quarters at a rate faster than the company had previously projected.

Mr. Petrone believes that the potential for restauranteurs, hoteliers and design firms to easily access the products of PFWI is key; therefore, inventory in the market place is key. Growth in Q1'17 has increased by over 150% from Q1'16 predicated in large part on increasing standards of living and traveling in India, and other developing countries, making restaurant and hotel venues frequented while a recovery in the housing markets in the U.S. and Western Europe, along with rebounding consumer confidence levels should also bolster sales gains causing global demand for major hoteliers to continue their growth and increase their supply chain requirements.

Deutsche Lufthansa AG (OTCQX: DLAKY) is a global aviation group with a total of 540 subsidiaries and equity investments, which in the financial year 2015 were organized into the Passenger Airline Group, Logistics, MRO, Catering and Other business segments. All the segments occupy a leading position in their respective markets. Lufthansa Cargo is the logistics specialist within the Lufthansa Group. On October 3rd, 2016, Lufthansa Technik AG, together with Lufthansa Cargo, reached another important milestone in its preparations for the entry into service of the Airbus A350 at Lufthansa. In a test carried out under real-life conditions at Frankfurt airport, a Trent XWB aircraft engine provided by Rolls-Royce was loaded into a Boeing 777F freighter. The successful loading trial means that the seamless logistics of providing spare engines via air freight are now assured for the bulky Trent XWBs of the A350.

Celadon Group, Inc. (NYSE: CGI), Celadon Logistics Services, a subsidiary company is a full-service 3PL that provides freight brokerage services, freight management, as well as supply chain management solutions, including warehousing and distribution. Celadon Logistics also offers value-added services such as materials management, repacking and sub assembly. On November 9th, 2016, the company announced that it has opened a sales office in the greater Columbus area. As a leading logistics provider, Celadon Logistics has experienced incredible growth over the past several years, which has necessitated the opening of several regional offices, including this operation in central Ohio. "We are excited about the rapid growth that Celadon Logistics has experienced over the past several years in Central Ohio and are excited about the opportunities that come with opening this new office," said Jon Russell, President of Celadon Logistics. 

Deutsche Post AG (OTC: DPSGY) the world's largest postal and logistics service provider, on June 8th announced plans to reduce all logistics-related emissions to zero by 2050. The company thus contributes to the goal of the Paris Climate Protection Agreement to limit global warming to below two degrees Celsius and also supports United Nations Agenda 2030. The company also seeks a role as a leader in green logistics and the customer will support an even greater extent than in the past is that they reach their own climate protection goals. "We decide today in which world we and our children will live in 30 years," explains Frank Appel, CEO of Deutsche Post AG.

Sino-Global Shipping America Ltd. (NASDAQ: SINO), a Virginia corporation, is a non-asset based global shipping and freight logistic integrated solution provider. Sino-Global provides tailored solutions and value added services to its shipping and freight customers to drive effectiveness and control in related links throughout entire logistic chain. Earlier in May, the company announced the signing of two Project Agreements with Sinotrans Guangxi Co., a subsidiary of Sinotrans Limited, which is a leading global integrated logistics service provider and COSCO Beijing International Freight Co., Ltd., a subsidiary of China COSCO Holdings Company Limited. The Project Agreements are extensions of an initial Strategic Cooperation Framework Agreement and Inland Transportation Agreement that the Company entered into with Sinotrans Guangxi and COSFRE Beijing, respectively, in December 2016.

Please Sign Up now at http://www.FinancialBuzz.com to receive alerts on Trending Financial News from all these companies. "The Latest Buzz in Financial News"

Subscribe Now! Watch us report from NYSE https://www.youtube.com/FinancialBuzzMedia

Follow us on Twitter for real time Financial News Updates: https://twitter.com/financialbuzz

Follow and talk to us on Instagram: https://www.instagram.com/financialbuzz

Facebook Like Us to receive live feeds: https://www.facebook.com/Financialbuzz/

About FinancialBuzz.com 

FinancialBuzz.com, a leading financial news informational web portal designed to provide the latest trends in Market News, Investing News, Personal Finance, Politics, Entertainment, in-depth broadcasts on Stock News, Market Analysis and Company Interviews. A pioneer in the financially driven digital space, video production and integration of social media, FinancialBuzz.com creates 100% unique original content. FinancialBuzz.com also provides financial news PR dissemination, branding, marketing and advertising for third parties for corporate news and original content through our unique media platform that includes Newswire Delivery, Digital Advertising, Social Media Relations, Video Production, Broadcasting, and Financial Publications.

Please Note: FinancialBuzz.com is not a financial advisory or advisor, investment advisor or broker-dealer and do not undertake any activities that would require such registration. The information provided on http://www.FinancialBuzz.com (the "Site") is either original financial news or paid advertisements provided [exclusively] by our affiliates (sponsored content), FinancialBuzz.com, a financial news media and marketing firm enters into media buys or service agreements with the companies which are the subject to the articles posted on the Site or other editorials for advertising such companies. Financialbuzz.com has not been compensated directly by any of the companies mentioned here in this editorial. We are not an independent news media provider and therefore do not represent or warrant that the information posted on the Site is accurate, unbiased or complete. FinancialBuzz.com receives fees for producing and presenting high quality and sophisticated content on FinancialBuzz.com along with other financial news PR media services. FinancialBuzz.com does not offer any personal opinions or bias commentary as we purely incorporate public market information along with financial and corporate news. FinancialBuzz.com only aggregates or regurgitates financial or corporate news through our unique financial newswire and media platform. For this release, FinancialBuzz.com has been compensated three thousand seven hundred fifty dollars for financial news dissemination and pr services by a non-affiliate third party for Petrone Worldwide Inc. Our fees may be either a flat cash sum or negotiated number of securities of the companies featured on this editorial or site, or a combination thereof. The securities are commonly paid in segments, of which a portion is received upon engagement and the balance is paid on or near the conclusion of the engagement. FinancialBuzz.com will always disclose any compensation in securities or cash payments for financial news PR advertising. FinancialBuzz.com does not undertake to update any of the information on the editorial or Site or continue to post information about any companies the information contained herein is not intended to be used as the basis for investment decisions and should not be considered as investment advice or a recommendation. The information contained herein is not an offer or solicitation to buy, hold or sell any security. FinancialBuzz.com, members and affiliates are not responsible for any gains or losses that result from the opinions expressed on this editorial or Site, company profiles, quotations or in other materials or presentations that it publishes electronically or in print. Investors accept full responsibility for any and all of their investment decisions based on their own independent research and evaluation of their own investment goals, risk tolerance, and financial condition. FinancialBuzz.com. By accessing this editorial and website and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy, as may be amended from time to time. None of the content issued by FinancialBuzz.com constitutes a recommendation for any investor to purchase, hold or sell any particular security, pursue a particular investment strategy or that any security is suitable for any investor. This publication is provided by FinancialBuzz.com. Each investor is solely responsible for determining whether a particular security or investment strategy is suitable based on their objectives, other securities holdings, financial situation needs, and tax status. You agree to consult with your investment advisor, tax and legal consultant before making any investment decisions. We make no representations as to the completeness, accuracy or timeless of the material provided. All materials are subject to change without notice. Information is obtained from sources believed to be reliable, but its accuracy and completeness are not guaranteed. For our full disclaimer, disclosure and Terms of Use, please visit: http://www.financialbuzz.com.

For further information:
Media Contact:
[email protected]
+1-877-601-1879

URL: http://www.FinancialBuzz.com

SOURCE FinancialBuzz.com