Logistics in a global comparison

Around the world, logistics services form an important basis for success in business. In a global comparison, the significance of logistics depends largely on the overall economic power of a country. For instance, logistics has been far advanced in the United States, Japan and Europe for a long time. But regions like the BRIC countries are rapidly catching up.

It’s impossible to do business without logistics

Around the world, business cannot be done without the services of logistics providers Logistics service providers . Logistics’ significance and capabilities depend largely on the economic power and developmental stage of a country. One critical factor, for instance, is the availability of an intact infrastructure. The range of logistics service providers extends from pure transport functions to modern, complex logistics systems - depending on the conditions of a particular country.

The mature logistics markets

In old, highly developed and mature markets, logistics plays a very special role. In such markets, it is held in high esteem in macroeconomic terms. These markets include the United States, Japan and Europe.

The emerging logistics markets

In recent years, other countries have become important players in the world economy as a result of their high growth rates. These countries include Brazil { Brazil}, Russia { Russia}, India { India} and China { China}. This group, also known as the BRIC countries, has achieved growth of around 10 percent in the past. Similar growth has been forecast for the future.
The importance of logistics will also increase in countries that are relatively unimportant today as the result of further growth in developing countries.

The favorably located logistics markets

In addition to economic power and expected growth, the location of a country is one other critical factor for logistics. Countries like Turkey and Finland have particularly favorable locations and serve as links between other national economies, including Europe → Turkey → Asia or Europe → Finland → Russia.

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