BERLIN and FRANKFURT, Germany, April 20, 2012 /PRNewswire/ --
Logistics companies in Germany are planning to hire up to 50,000 workers this year, according to a new study by German industry association BVL. The industry is a key barometer for the health of Germany's economy. Despite ongoing uncertainty in Europe, exports are expected to remain a driving force of Germany's economic strength. Foreign investors can benefit from current business trends by entering the German market, according to Germany Trade & Invest experts at this year's CSCMP from April 23-25 in Frankfurt.
"Germany's top-notch infrastructure and its position at the center of Europe make it a key logistics destination. Our ports, airports, highways and railways are used to serve over 500 million consumers across Europe as well as markets in Asia," said David Chasdi, logistics expert at Germany Trade & Invest in Berlin.
German ports are one key piece of the puzzle. Hamburg's container traffic jumped 14 percent last year, recapturing the number two spot in Europe. The North Sea port of Bremerhaven also claimed the top European spot for shipping of automobiles. Over 2.1 million cars passed through this port, destined for overseas markets that favor German quality.
This year, companies have invested in new logistics facilities in Germany: Penske Logistics recently inaugurated a new office in Dusseldorf to deliver logistics services to companies in the automotive, healthcare, manufacturing, and chemical sectors. Amazon will open two new facilities this year and Swiss logistics giant Kuehne + Nagel broke ground on its massive facility in Duisburg, the world's largest inland port.
Germany Trade & Invest is the foreign trade and inward investment promotion agency of the Federal Republic of Germany. The organization advises foreign companies looking to expand their business activities in the German market. It provides information on foreign trade to German companies that seek to enter foreign markets.
Germany Trade & Invest
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SOURCE Germany Trade and Invest