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Southeast Asian Pirates: Nothing to Shiver your Timbers Over

Elementum

And while Malaysia managed to rein in the issue over a decade ago, hijackings and thefts have been cropping up further east, in Indonesian waters. In 2014, there were 15 hijackings. With one third of the world’s freight traveling through these waters, the region would naturally be a hotspot for pirate activity.

Somalia 60
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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.