Logistics industry in Singapore:
In 2010, there were more than 7000 logistics companies in Singapore, employing over 180,000 people (which is around 9% of the total workforce), and the industry contributed 9% to Singapore’s GDP.
With a throughput of 29.37 million TEU’s, Singapore was the second largest container port in 2011. Singapore’s seaport is linked to 600 ports in 123 countries via 200 shipping lines.
Besides, Singapore’s Changi airport is served by over 4500 flights connecting to 200 cities in 60 countries, and ranked 10th worldwide in terms of cargo handled, with 2.09 million tons in 2011.
Today, 21 of the world's top 25 third-party logistics providers are based in Singapore.
Singapore is the preferred logistics and supply chain management hub for leading manufacturers which includes Avaya, Diageo, Dell, Hewlett Packard, Infineon, LVMH, Novartis, ON Semiconductor, Panasonic, and Siemens Medical Instruments.