Hamburg - World City of Logistics in Northern Germany: Freight Management

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GRIN Verlag, Apr 1, 2010 - Business & Economics - 10 pages
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With the coalescence of the world economy, logistics, as a means of networking, has acquired an ever greater significance in the world over the last 25 years. Following the strong rise of commodity prices, starting from Asia - particularly China, - even the U.S. can not inhibit this essential development, because for the most part, it is precisely the result of this growth. In particular, it may be concluded that German exports, upon which Germany's economy is based, have benefited from that. Through the enlargement of the EU, Germany is even more central to the transport hub in Europe. Meanwhile, Germany is the largest foreign trade partner of the ten EU newcomers, which are for the German Economy today more important than the U.S. Hamburg in particular can and will benefit from it. As a hub of north Germany, Hamburg was able, despite many problems, to realise huge projects. Thus, for example, the ‘Altenwerder’ Container Terminal was built, and the airport expansion and modernization and the creation of its routes has gone ahead, the fourth. Elbtunneltube has been opened; and in spite of a dispute about the extension of the runway, an agreement concerning the Airbus factory in Finkenwerder has been signed . But what exactly makes Hamburg now a "World City of Logistics" and the "hub of the North "? Below, because of the large scale of these projects, as well as the limited scope of this paper, this work will just address briefly Hamburg’s harbour, and deal with the impact on the future of Hamburg as a logistical hub.

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