A new report has found that US business logistics costs add up to approximately 8.8% of the national gross domestic product (GDP). The logistics industry has been through a lot over the last few years ...
Prior to the COVID pandemic, U.S. business logistics costs had been fluctuating around 7.4% and 7.8% of nominal GDP. Now, according to Korhan Acar, Kearney partner and lead author for the State of ...
India’s logistics system has quietly crossed an important milestone. Recent government assessments suggest that logistics costs have fallen to around 8 per cent of GDP, a dramatic improvement from the ...
New Delhi: The logistics sector is set to reach the valuation of $800 billion by the year 2030 while simultaneously contributing 11 percent to the country’s GDP, says the report of India Narrative.
Employees sort parcels at an express delivery transfer center in Shijiazhuang's Luancheng district, Hebei province, on Jan 28. Li Mingfa/For China Daily BEIJING -- China's ratio of total social ...
The dedicated freight corridors (DFC) have reduced India’s logistics cost from 14% to 8-9% of GDP, claimed Dedicated Freight Corridor Corporation of India (DFCCIL) in a statement. The company said ...
NEW DELHI, Dec 14 (Reuters) - India's logistics costs have come down to below 9% of gross domestic product, helped by rising state spending on roads, ports and digitisation, a report commissioned by ...
China's ratio of total social logistics costs to gross domestic product (GDP) fell to 13.9 percent in 2025, dropping below the 14 percent threshold for the first time, the country's top economic ...