2011 WERC Conference
BERLIN AND ORLANDO, FL, May 13 /CNW/ - German exports rose to an
all-time high of EUR 98.3 billion in March, according to new data
released this week. Germany's logistics industry is in position to
further gain from this momentum. Air freight handled in Germany grew by
a record 21 percent to reach over 4.4 million tons in 2010. These
developments confirm Germany's attractive investment environment
despite turbulent oil prices and an uneven global economic recovery.
Germany Trade & Invest will have representatives at this year's WERC
Conference from May 15-18 in Orlando, Florida, to share the latest
business opportunities in Germany.
"Germany is well known for efficiency and speed. The logistics industry
is no exception. Utilizing the country's world-class infrastructure and
central location in Europe, it's no wonder companies choose to locate
their European distribution centers here," states David Chasdi,
logistics industry expert at Germany Trade & Invest.
Germany's infrastructure occupied the top spot worldwide in the World
Economic Forum's Global Competitiveness Report and the World Bank's
Logistics Performance Index in 2010. The country's dense air, rail and
waterway network has led to an industry that generates over EUR 200
billion in revenues annually and drives the German export machine.
Goods shipped to China, the United States, and Germany's European
neighbors were a key factor in Germany's economic rebound, ultimately
leading to record GDP growth in 2010.
Companies like DHL, UPS, and IKEA have all chosen Germany for their
European headquarters, while others like Amazon, FedEx and Unilever
have major operations in the country. Amazon recently announced the
construction of two additional large-scale distribution facilities in
Germany that are slated to open by year's end.
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.
SOURCE Germany Trade and Invest
For further information:
Germany Trade & Invest