DUBLIN--(BUSINESS WIRE)--The "Transportation and Logistics Market Insights - Portugal" report has been added to Research and Markets' offering.
The low labor cost and the favorable geographical location make Portugal a trans-shipment hub for the fresh produce from Latin America and Africa to Spain. More than 70% of Portugal's trade is within Europe. The key trading nations include Spain, France, and Germany. Portugal's poor investment in new technology, industrial machinery, and transport equipment could lead to a decline in an already fragile transportation economy.
However, the Strategic Plan for Transport and Infrastructure, announced in 2014, is one of the key initiatives likely to bolster the growth of the sector between 2016 and 2018, including the development of transportation infrastructure, the increase in the capacity of the major Portuguese ports, and the modernization of the rail freight sector.
GPS, vehicle monitoring, data analytics, sensors and RFID, and storage optimization will enhance end-to-end visibility in transport logistics. Customized services and adaptability to the latest technology will boost supply chain efficiency and lead to the selection of third-party logistics services in Portugal. To comply with EU regulations, 3PL service provider, Medlog - Logstica Farmacutica SA, is investing heavily in technological upgrades to improve the cold chain. Logistics company, ID Logistics, acquired Logiters Logstica S.A., a leading contract logistics operator in Portugal, to enter into new business segments such as healthcare, pharmaceuticals, and automotive and also to strengthen its core business sectors such as FMCG and retail.
Key Topics Covered:
1. Executive Summary
2. Research Scope and Methodology
3. Economic and Trade Indicators
4. Freight Transportation
5. Logistics and Warehousing Services
6. Strategic Initiatives and Growth Opportunities
7. The Last Word
For more information about this report visit https://www.researchandmarkets.com/research/hrpl74/transportation