( – FocusAsia Media Ltd)

LONDON, Feb 26 (FAM) – The global e-commerce logistics market is continuing to expand rapidly and is set to be worth more than €500 billion by 2024, according to new research from Transport Intelligence (Ti).

But logistics service providers (LSPs) are unlikely to see many benefits of this growth, as retailers heap pressure onto their supply chain partners to limit costs while improving service levels at the same time, the Ti report indicates.