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hapag-lloyd-best-shipping-line-brandBERLIN: April 26, 2017. Readers of "Logistik Heute" magazine and a panel of experts from the German Logistics Association (BVL), have...
british-brands-hit-by-brexitLONDON: April 27, 2017. Valuation and strategy consultant Brand Finance says British brands have lost 6.0 percent of their value since...
fraport-gets-cargo-and-greece-gets-1-2-billionFRANKFURT AIRPORT: April 24, 2017. The Fraport 'Speed Gate' at CargoCity South, where pallets are unloaded at four automated gates,...
bank-deal-opens-maritime-green-doorLUXEMBOURG: April 22, 2017. The European Union's non-profit European Investment Bank (EIB) has signed a €150 million loan agreement...
u-n-cuts-cost-of-air-fleet-and-food-distribution-timesNEW YORK, NY: April 21, 2017. The United Nations is to cut its aircraft fleet and limit passenger flights to essential travel only,...
air-cargo-volumes-rise-as-yields-remain-a-challengeGENEVA: April 20, 2017. IATA reports a slowing of air cargo volumes to a 1.3 percent rise in the three months to February 2017,...

Time to reverse?

The U.S. Reverse Logistics Association values its sector at US$615 billion. It's an integral part of what the Ellen MacArthur Foundation says is a US$1 trillion per annum circular business opportunity.

In January the World Economic Forum, together with McKinsey & Co, launched "Project Mainstream" - a bid to save US$500 million in materials and prevent 100 million tonnes of waste globally by recycling, remanufacturing and reusing consumer goods.

The revenue opportunity for the logistics industry is twofold: it can integrate its behaviour with a growing list of manufacturers to support this process; and it can take advantage of a new trend of leasing rather than owning commercial and consumer technology.

Manufacturers increasingly will rely on logistics to make this a reality.

Time to reverse?

- Simon Keeble is the editor of Freightweek

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