• About
  • Contact Us
Logistics Asia
previous arrow
next arrow
  • Home
  • News
  • Carriers
    • 3PL
    • Courier and express
    • Last mile delivery
    • Freight forwarding
    • Multimodal transport
  • Supply Chain
    • AI and data solutions
    • Cold chain logistics
    • E-commerce
    • Risk management
    • Sustainability
    • Warehousing
  • Transportation
    • Air transport
    • Land transport
    • Maritime transport
  • Multimedia
    • Videos
    • Podcasts
  • Contact
No Result
View All Result
  • Home
  • News
  • Carriers
    • 3PL
    • Courier and express
    • Last mile delivery
    • Freight forwarding
    • Multimodal transport
  • Supply Chain
    • AI and data solutions
    • Cold chain logistics
    • E-commerce
    • Risk management
    • Sustainability
    • Warehousing
  • Transportation
    • Air transport
    • Land transport
    • Maritime transport
  • Multimedia
    • Videos
    • Podcasts
  • Contact
No Result
View All Result
Logistics Asia
No Result
View All Result
Home Supply Chain E-commerce

European Logistics Investment Rise to US$46.5 billion

by Team Logistics Asia
April 16, 2021
in E-commerce, News, Warehousing
European Logistics Investment Rise to US$46.5 billion
Share on FacebookShare on Twitter

The logistics investment in Europe has been increased to a seven-year high of US$46.5 billion in 2020 thanks to the rise of e-commerce. Data from an online trading portal Comprar Acciones revealed that by the end of the year, the figure had risen to €38.64 billion – the highest figure since 2013.

According to the portal, the growth rate was fueled by a record number of warehouses being taken up in the region with the United Kingdom leading the way.

As a result, it claims that warehouse vacancy rates in Europe have reached a new low of 5%.

In 2020, leasing activity in Europe increased by 69 percent, with agreements totaling 11 million square feet. Amazon and Alibaba, according to Comprar Acciones, are two key players driving the trend.

Alibaba’s cross-border e-commerce transactions are primarily handled by its Cainiao logistics arm and AliExpress, according to the company. Cainiao reported a 51 percent increase in revenue to US$1.74 billion in the final three months of 2020.

Alibaba’s profits from global e-commerce wholesale significantly improved by 53% during that time. Amazon also reported unequalled fourth-quarter 2020 results, owing to a never previously achieved during festive season.

It shipped more than 1 billion goods to its customer worldwide during that time. Amazon expects profits in the range of US$100 billion to US$107 billion in 1Q21. For the period, it expects net margin of between US$3.0 billion and US$6.5 billion.

Tags: E-CommerceEuropeLogisticsWarehousing

Related Posts

China to Build Green Air Logistics Network by 2025

China’s Logistics Chain Back to Normal

by Dafizeck Daud
May 27, 2022

China's logistics industry has resumed gradually as the country tackles shipping bottlenecks amid the latest COVID-19 outbreak, the Ministry of...

Does RCEP Herald a Golden Age in APAC?

Does RCEP Herald a Golden Age in APAC?

by Dafizeck Daud
May 27, 2022

By Audrey Cheong People have been conducting cross-border and trans-continental trade for millennia. From the ancient Egyptians, to the Greeks...

Growing Intra-Africa Trade through Digital Transformation of Customs and Borders

Growing Intra-Africa Trade through Digital Transformation of Customs and Borders

by Dafizeck Daud
May 26, 2022

The digital transformation of customs and borders in Africa could improve efficiencies in processes, such as administration at customs and...

Bridgenet and MKI To Assist Digital Transformation of Businesses in Asia Pacific

Bridgenet and MKI To Assist Digital Transformation of Businesses in Asia Pacific

by Dafizeck Daud
May 26, 2022

Bridgenet Solutions Sdn Bhd (Bridgenet), a subsidiary of Celcom Axiata Bhd, is partnering with MKI IT Solutions (Asia Pacific) Pte....

FedEx and Aurora Expand Autonomous Trucking Pilot Lane Project

FedEx and Aurora Expand Autonomous Trucking Pilot Lane Project

by Dafizeck Daud
May 25, 2022

FedEx and Pittsburgh-based Aurora Innovation Inc., a provider of self-driving technology, announced that they are expanding the pilot collaboration program,...

Load More
previous arrow
next arrow
  • Trending
  • Comments
  • Latest
Infinity Logistics Acquires Glencore’s Unit, Access World for US$177 million

Infinity Logistics Acquires Glencore’s Unit, Access World for US$177 million

February 7, 2022
The Insane Logistics of Formula 1

The Insane Logistics of Formula 1

April 15, 2021
How Container Ports Work: Logistics of Intermodal Transport

How Container Ports Work: Logistics of Intermodal Transport

April 22, 2021
How Drones Could Change The Shipping Industry

How Drones Could Change The Shipping Industry

April 20, 2021
UNICEF Urges Supply Chain and Logistics Industry to Roll Out COVID-19 Vaccines Globally

UNICEF Urges Supply Chain and Logistics Industry to Roll Out COVID-19 Vaccines Globally

From Land to Sea – A Rising Trend Among SE Asia E-Commerce Freight

From Land to Sea – A Rising Trend Among SE Asia E-Commerce Freight

An Integrated Logistics Platform to Penetrate SEA Market

An Integrated Logistics Platform to Penetrate SEA Market

Are We Ready to Ship Billions of COVID Vaccines Worldwide?

Are We Ready to Ship Billions of COVID Vaccines Worldwide?

China to Build Green Air Logistics Network by 2025

China’s Logistics Chain Back to Normal

May 27, 2022
Does RCEP Herald a Golden Age in APAC?

Does RCEP Herald a Golden Age in APAC?

May 27, 2022
Growing Intra-Africa Trade through Digital Transformation of Customs and Borders

Growing Intra-Africa Trade through Digital Transformation of Customs and Borders

May 26, 2022
Bridgenet and MKI To Assist Digital Transformation of Businesses in Asia Pacific

Bridgenet and MKI To Assist Digital Transformation of Businesses in Asia Pacific

May 26, 2022
Logistics Asia

Logistics Asia brings you the latest news, analysis and insights for the logistics sector. We cover logistics-related news in Asia and beyond.

Categories

  • 3PL
  • AI and data solutions
  • Air transport
  • Carriers
  • Cold chain logistics
  • Courier and express
  • E-commerce
  • Editor's Choice
  • Feature
  • Freight forwarding
  • Internet of Things
  • Land transport
  • Last mile delivery
  • Maritime transport
  • Multimodal transport
  • News
  • Opinion
  • Ports
  • Press Release
  • Rail Transport
  • Risk management
  • Supply Chain
  • Sustainability
  • Transportation
  • Uncategorized
  • Videos
  • Warehousing

Newsletter

Subscribe to our mailing list to receives daily updates direct to your inbox!

  • About
  • Contact Us

© 2022 Business Media International. All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Carriers
    • 3PL
    • Courier and express
    • Last mile delivery
    • Freight forwarding
    • Multimodal transport
  • Supply Chain
    • AI and data solutions
    • Cold chain logistics
    • E-commerce
    • Risk management
    • Sustainability
    • Warehousing
  • Transportation
    • Air transport
    • Land transport
    • Maritime transport
  • Multimedia
    • Videos
    • Podcasts
  • Contact

© 2022 Business Media International. All Rights Reserved.