As global trade volumes have skyrocketed over the last 35 years, the number of logistics hubs—locations that function as a central point of local and international logistics activity—has also been on the rise. And while port-centered cities like Shanghai, Los Angeles/Long Beach, and Rotterdam will continue to be vital trade and transportation centers, other locations will come to play a similar role in global logistics within the next decade, according to the industrial real estate firm CBRE.
CBRE's recently issued report, "Global and Emerging Logistics Hubs," identifies 30 logistics hubs that play a key role not only in regional supply chain operations but also in the global supply chain. The report also points to 20 "rising stars" that may within the next decade become global hubs themselves.
According to CBRE, global logistics hubs share four common characteristics:
The report identifies current global logistics hubs around the world, including nine in North America, five in Asia, and 11 in Europe, the Middle East, and Africa (EMEA). They include such acknowledged logistics powerhouses as the three port complexes mentioned earlier; Hong Kong, China; Singapore; Antwerp, Belgium; and Hamburg, Germany, as well as smaller but influential hubs like Toronto, Ontario, Canada; Monterrey, Mexico; Tokyo and Osaka/Kobe, Japan; Dubai, United Arab Emirates; and Moscow, Russia, among others.
CBRE went on to identify 20 more "emerging logistics hubs" that are likely to take a more prominent position as logistics and supply chain centers. Some on that list—major seaports such as Amsterdam, the Netherlands; Busan, South Korea; and Seattle, Washington, USA, for example—come as no surprise. But others, such as the BajÃo region of Mexico (home to the growing industrial centers of Guanajuato, QuerÃ©taro, Aguascalientes, and Jalisco); Istanbul, Turkey; Santiago, Chile; and Philadelphia, Pennsylvania, USA, might not be on everyone's radar.
While a host of individual reasons and factors are driving each of these cities' or regions' increased prominence, the
CBRE report identified five common influences or trends that suggest a bright future as a logistics hub:
"Global and Emerging Logistics Hubs" can be downloaded here.