JUNEASIA BUSINESS OUTLOOK4Raising the Bar for Logistics Cross border logistics market in South East Asia region is undergoing a massive transformation. Several factors make the region an ideal destination for cross border logistics, such as low-cost labor, substantial investment in infrastructure, economic reform, and a rapidly expanding middle class. The increase in online shoppers in South East Asia is driving the demand for efficient and cost-effective cross-border logistics solutions. The rise of e-commerce has transformed the logistics industry in the region, which has increased the demand for efficient logistics and delivery services. The cross border logistics market in South East Asia is expected to grow at a CAGR of more than 10 percent till 2026. The market is driven by factors such as increasing e-commerce sales, free trade agreements, and supportive government regulations. The region possesses great geographical advantages, with many countries having access to sea and air routes that connect them to the rest of the world. The logistics market in South East Asia is developing rapidly, and many new players are entering the market. The market is highly fragmented, and several local businesses are actively participating in the logistics sector. Although challenges such as infrastructure development remain, opportunities for innovation and expansion are vast. The South East Asia region represents a vast and untapped potential for companies operating in the cross border logistics market. As the market becomes more competitive, companies need to invest in technology, infrastructure and explore creative operational strategies to succeed in the fast-changing environment. Keeping abreast of the latest developments in this market, Asia Business Outlook has shortlisted the top 10 companies that have proved their excellence through innovative approach. In a bid to fulfill the customer expectations and contribute to the market's evolution with their result-oriented persistence, these companies are raising the bar of delivery. Do send your feedback and suggestions. Sudhakar SinghManaging Editoreditor@asiabusinessoutlook.com Vol 01 · Issue 2 - 1 · June, 2023 Alok ChaturvediPublisherManaging EditorSudhakar SinghAssociate EditorIndranil ChakrabortyAssistant EditorHeena KousarEditorial TeamShivani PradhanRoshan AktharManager - DesignPrabhu Dutta A.R.N RayEditorial queries editor@asiabusinessoutlook.comSales Team Vinson Raj Ezekiah S. Edward Kommareddy Lahari S ShajilalAkshay Pratap SinghTo subscribeVisit www.asiabusinessoutlook.com/subscribe/ or send emailto subscription@asiabusinessoutlook.comMagazine Price is $50 per issuePublisher Alok ChaturvediPrinted and Published By Alok Chaturvedi on behalf of Biz Print Media Pvt. Ltd. and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2023 Biz Print Media Pvt. Ltd. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.Senior Designer Rajesh R BVisualizer Varun B Aruna Kumari K GM Sales & Marketing Nagendra Kumar KCirculation Manager P Magendran
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