Two broader industry trends suggest that many of the global transport and logistics leaders of the future will come from Asia. First is the long-term shift in trade and investment from the West to the East, which will provide ever more opportunities for growth in the region across all segments. There will be further consolidation in the sector, as firms grow to reap scale efficiencies and improve their cross-border capabilities. Second is Asia’s early advantage in low-cost competition and “frugal engineering