Logistics facts and figures

Logistics is the process of planning, implementing, and controlling procedures for the efficient transportation and storage of goods including services, and related information from the point of origin to the point of consumption for the purpose of conforming to customer requirements.

The logistics industry is constantly changing. It adapts to the rapid development of technology and the need to preserve the environment. For any company to remain competitive in today's times, it must be flexible and dynamic enough to be able to adapt as soon as possible to the latest technological achievements and strategies. Logistics technology will continue to expand and grow.

Below are a few facts about logistics.

  • The development of logistics began in the 17th century in France.
  • The word logistics is derived from "logistique"

The meaning of logistics in science and practice is an objective process that, in addition to new economic requirements, contains strong impulses for the development of communication and information technology as well as new technologies of transport, storage, manipulation, packaging, and management techniques that enable optimal logistics solutions for the flow of goods, information, energy, and knowledge in systems.

  • There are over 500,000 trucking companies operating more than 15.5 million trucks in the United States alone.
  • There are more than 6.2 million trucks in circulation throughout the EU. Trucks carry 77% of all freight transported over land in the European Union.
  • There are more than 53,000 merchant ships carrying goods around the world. The most common type of ships are general cargo ships.
  • There are more than 20 million shipping containers in the world.
  • On average, the air freight industry transports around 51.2 million tons of cargo in a year. Hong Kong International Airport is the busiest airport for air cargo handling.
  • The global Freight forwarding market size is projected to reach USD 207 Billion by 2026, from USD 170 Billion in 2019.
  • Germany is the European logistics champion, and the second one of world logistics champion after Singapore.
  • Blockchain, Artificial Intelligence and Application Programming Interfaces (APIs), are newer technologies that are streamlining and accelerating data transmission and communication across the logistics industry.

Blockchain provides faster data verification and improved logistics and scheduling. Companies can track their fleets, explore different routes, and check on road conditions.

Logistics is aligned with a very dynamic environment that will always change and will have to adapt to changes.

So, if you are interested in professional cooperation with an efficient freight forwarding agency that accompanies novelties and constant investment in knowledge and skills, please feel free to contact us. We would love to be your logistics partner.

Mail us at info@arrslog.hr

Visit our website - https://arrslog.hr/en/

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