Transport and Logistics Industry in Singapore
Transport and Logistics Industry in Singapore is on an all time high. Singapore is currently considered as the biggest logistic hub of Asia. There are about 3000 logistics and supply chain management companies, which are operating from Singapore. Singapore port is the busiest port of the world with biggest container port and CBU transshipment hub.
Facts stated below will give an idea of the stronghold of Singapore in transport and logistics industry. * There are about 200 different shipping lines that operated from Singapore and they sail daily to all the major ports in the world. * Out of 25 world’s top 3rd Party Logistics Providers, 17 have a considerable presence in Singapore * The world’s top bunkering port is there in Singapore. Apart from this Singapore is proud to have one of the Asia’s largest cargo airports. * It has been ranked no. 1 for best air transport infrastructure in the world. There are about 83 scheduled airlines with more than 4000 flights per week.
Due to such huge efficiency in transport and logistics industry, Singapore has also taken the initiative to provide proper education and training to work in this field. One of the leading logistics education and research institutes of Asia is based in Singapore. Since transport and logistics industry is one of the most flourishing industries in Singapore, careers in this field are also on the rise. The logistic education and research institute can definitely give proper training to student to establish themselves in the field of transport and logistics.
Singapore has a wide network of free trade agreements with major countries of the world that lowers the trade barriers and increases the transportation and supply chain speed.
The planned location, well-organized 24×7 operations, dependable physical and IT infrastructure and brilliant connectivity have made Singapore an influential global transport, logistics and supply chain management center. Already the leading international brands operating in logistics industry are operational here.
The dynamic transport and logistics industry and solid infrastructure of Singapore are attributable to the various locations dedicated to the augmentation of connectivity and efficiency. The presence of a countless numbers of companies that have well-known regional distribution centers in Singapore supports the position of Singapore as Asia’s leading transport and logistics hub.
The Singapore Logistics Association says that their objective is to serve their clients with professionalism, excellence and dynamism, and they believe that these are the few things that will position Singapore as a world-class transport and logistic hub.