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Southeast Asian Pirates: Nothing to Shiver your Timbers Over

Elementum

With one third of the world’s freight traveling through these waters, the region would naturally be a hotspot for pirate activity. In 2014, there were 15 hijackings. Add the speedy arrests of pirates (such as the ones involved in the botched hijacking of the Orkim Harmony ) and the situation is hardly as dire as it was near Somalia.

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3PL Subway 2015: Strategic movements among logistics providers

Supply Chain Movement

After years of declining revenues in European logistics services, the business started to stabilise in 2013/2014. However, Technavio’s analysts now forecast the 3PL market in Europe to grow at a CAGR of 2.87% over the period 2014-2019. Acquisitions dominated the logistics headlines in 2014 and that trend is continuing this year.