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Southeast Asian Pirates: Nothing to Shiver your Timbers Over

Elementum

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. With one third of the world’s freight traveling through these waters, the region would naturally be a hotspot for pirate activity.

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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.