UAE Business: GCC logistics market rebounds from Covid induced downturn – Gulf Digital News

UAE Business: GCC logistics market rebounds from Covid induced downturn – Gulf Digital News

The GCC logistics market is rebounding from a Covid-induced downturn and the region’s surging e-commerce trade will support warehousing courier, express and parcel growth in the coming year.

 

This is according to a new whitepaper by consultants and research firm Frost & Sullivan.

 

The 17-page whitepaper – ‘GCC Supply Chain & Logistics: What should your Digitisation Priorities be?’ – reports a recent upsurge in Gulf container volumes, which rose more than 15% in the first half of this year with Saudi Arabia and the UAE accounting for 83% of the region’s 2021 logistics market.

 

Prepared exclusively for Materials Handling Middle East 2021, the region’s leading trade show for warehousing, intralogistics and supply chain solutions to be held from November 2 to 4, the whitepaper identifies low technology adoption hurdles hampering the GCC sector performance against a backdrop of surging cross-border e-commerce demand and shifting national vision priorities towards logistics performance. 

 

The whitepaper reveals a GCC logistics sector fragmented by a large number of small and medium service providers with inefficient processes, weak supply chain management practices, and legacy IT infrastructure and systems.

 

“As a result, transportation and warehouse management practices are inefficient due to poor fleet management and the underutilisation of logistics assets,” the whitepaper