The logistics industry is ripe for growth in Eastern Europe, thanks to ongoing investment by Western European and American companies in the region who are being lured by lower labor costs and other incentives.
Many companies who are establishing a presence in the region are seeking to outsource their logistics functions, which bodes well for 3PLs.
According to analysts, the Polish logistics market is expected to garner considerable investment, especially from automotive manufacturers and retailers along with makers of consumer goods. Growth can also be expected in the Czech Republic due to its strategic location and disciplined workforce. The Hungarian logistics market is also poised to benefit from the existence of over 40 airports, all of which will require logistical support for air transport operations.