Logistics clusters: Adding value in a recession

Professor Yossi Sheffi, Director, Centre for Logistics and Transportation, Massachusetts Institute of Technology


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Why is Memphis home to hundreds of motor carrier terminals and distribution centres? And why does the tiny island of Singapore handle one-fifth of the world's maritime containers and half the world's annual crude oil supply?

During this live keynote webinar, Prof. Yossi Sheffi discusses how the answers to these questions lie in "logistics clusters" - that is, geographically concentrated hubs of logistics-related business activities. He will explain why the likes of Memphis, Singapore, Rotterdam and many other locations have been successful in developing these clusters and why firms should focus their distribution activities within such localities and why local government should encourage their formation and development.

Highlights of this session will include:

- How logistics clusters add value by generating additional industrial activity

- The role of government support; investment, regulation and trade policy

- Why logistics clusters are an engine of economic growth and Job creation - jobs that span all types and are not "offshorable"


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