Logistics firms, which are involved in the movement, storage, and flow of goods, have been directly affected by the COVID-19 pandemic. The logistics industry in China grows rapidly as the economy of the country is booming. According to the Singapore statistics bureau, logistics industry contributed 5.3% of the total GDP in 2015. How we can help. Thus, cold chain service providers find it difficult to minimize their operational costs due to increase in the consumed energy costs. CEP represents a smaller, but faster growing segment; and just about a third of CEP revenues can be attributed to B2C. Understand the impact of the crisis on your market. which separates out logistics from passenger transport; consequently, the following groupings of 4-digit SIC codes were derived (which are used throughout this report) to better align statistics for the Transportation and storage sector (SIC H) with the sector plan. Revenue per Piece $ $ Domestic Package Avg. • Australia’s Logistics industry was estimated to account for 8.6 per cent of GDP, adding $131.6 billion to Australia’s economy in 2013. Workforce Statistics. … • Logistics is an end-to-end supply chain activity which is not well-represented by the system of national accounts. SAWAED PARTICIPANTS EARN PRACTICAL SKILLS IN THE LOGISTICS SECTOR 23/06/2020. Segments covered in the report are freight transportation, warehousing, freight forwarding, and value added services, and other functions. This growth in market size will be attributed to the rapid growth in the e-commerce industry, fueled by increased penetration of high-speed internet and a rise in popularity towards online shopping. Acording to Truckinginfo.org, the trucking industry employs 8.9 million people with nearly 3.5 million truck drivers. The freight and logistics industry is an essential component of the national economy, where the sector accounts for approximately 8.6 per cent of GDP. What is the market size of the Third-Party Logistics industry in the US? The major part of the total market can be linked to B2B transactions, with LSPs and carriers accounting for the biggest portion of industry revenue. Get the latest trends and understand the impact of the crisis on the market. 5 Industry Statistics. Changi airport is Asia’s second largest cargo airport that dealing with 2 million tons of cargo annually. If you want to remain competitive, now is the time for action. Download the Logistics & Trucking Industry Report 2020 Download Now » About BR Williams: With humble beginnings back in 1958, BR Williams has grown into an award-winning supply chain management company servicing all 48 contiguous states and Canada. This includes fatalities resulting from an injury sustained in the course of a work activity (worker fatality) and as a result of someone else’s work activity (bystander fatality). Search reports, statistics & slideshows on Logistics And Freight. Recent News. Consumer Confidence Contributed to a Record-Breaking Holiday Shopping Season to Enhance the State of Logistics Industry Growth. Trading and logistics accounted for 21% of the city’s GDP and provided some 718,600 jobs in 2018. Collaborations between shippers and top global 3PLs (Third-party logistics). Transport is often used to infer the movement of goods from one place to another. The latest health and safety statistics; Ports and Logistics sector data summary and analysis. Trucking Industry Statistics. Logistics, especially international shipping, is time-consuming and brings with it a huge risk of damage to goods. • The Logistics industry … Transport and logistics are often aggregated in one industry. 4 Prev | Next 5 . Of this figure, 60,000 operate in the UPS and 9% are owner operators. Investors, banks, and … It said logistics was a highly fragmented sector where the top four players, Deutsche Post DHL, Ceva Logistics, UPS, and FedEx, control less than 15% of the market. Want a 25 page KPI report for your industry? The global logistics market is to register a CAGR of over 7% by 2022. The World Trade Organisation (WTO) revealed that the Sultanate has. It has since been revamped and updated with more comprehensive information. IBISWorld's statistic shows that as of 2020 the market size of the Third-Party Logistics industry is $225.1bn an increase of 2.42% from 2019. In earlier years the percentage of businesses making a profit or breaking even can be calculated by subtracting percentage of businesses making a loss from 100. The e-commerce logistics industry includes many elements such as transportation, value-added services and warehousing, of which transportation represents a significant part of the industry. As an integral part of value chains, both within and across international borders, logistics firms facilitate trade and commerce and help businesses get their products to customers. Worse, products may also just disappear and leave no trace. Revenue per Piece $ $ Tweet: Economy Advance Monthly Sales Consumer Price Index CPI Producer Price Index PPI Retail Inventories Personal Income Gross Domestic Product GDP Money Supply Industrial Production Productivity Employment Situation US International … Editor’s Note: We first published this post in May 2013. by admin. All of these issues and others can now be addressed by current improvements. This report also contains the findings of our annual Logistics Industry Survey, which gathers views from 500 businesses engaged in logistics in the UK and globally. This affects table 4 (the industry performance table) in both of the 'Australian industry by division' and 'Australian industry by subdivision' data cubes, which include the years 2016-17, 2017-18 and 2018-19 only. Daily operations in the cold chain logistics industry require large electricity consumption. 23 Jun. While there are a number of hazards that workers in the transport and logistics industry face, the two areas of the job that involve the greatest risk are when individuals are in vehicles, and when loading or unloading freight.. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size. On the other hand, logistics is broader than transportation; as such, it implies a more extensive spectrum of operations. This is a detailed report (February 2012) examining the ports and logistics sector and providing analysis of injury rates and general employment structures (including how these employment structures could potentially affect health and safety standards) for the period 2008/09 – 2010/11p. key facts about the freight logistics industry Represents 8.6% of the nation’s GDP in 2013. Logistics industry alone contributed 3.1% of Hong Kong’s GDP and 176,900 jobs in that year. The work-related traumatic injury fatalities data collection provides statistics about people who die each year from injuries that arose through work-related activity. Oman Logistics … Transportation Industry Statistics and Market Size Overview Estimated U.S. The transportation and logistics industry is confronting immense change: digital transformation, new market entrants, changing customer expectations, and new evolving business models. Core Transportation Sector Revenues 1990-2018 U.S. Transportation & Warehousing Industry Revenues: 2015-Q3 2018 Industry Statistics. Our experts offer insights, guidance and solutions to address the complex needs of this sector. This section provides information relating to employment and unemployment in transportation and warehousing. Access new updated reports and statistics for the Logistics and Freight Industry in Malaysia. Industry market research reports, statistics, analysis, data, trends and forecasts. In terms of both value added and number of employment, the trading and logistics industry is the largest among the four main economic pillars in Hong Kong. View Trends, Analysis and Statistics. Logistics Industry 2020. The download comes with many added bonuses as well. To see if you are leading the pack or falling behind, you can buy the report instantly here. Logistics Industry Overview. Those striking stats about logistics in 2015 should be more than enough to set your supply chain brain racing, but we also recommend reading the full report. Get real time updates on the Logistics Industry with the latest reports, critical insights and stats from official sources. The development of the manufacturing industries, booming of the e-commerce, and the improvement of infrastructure drive the growth of the logistics industry in China and the growth of logistics in China still remains robust with a year-on-year growth at 9.8% in 2012. Moreover, high energy and real estate costs are likely to make the setting and operating process challenging. Supply Chain & Logistics Association Canada and Canadian Manufacturers and Exporters partnered with Innovation, Science and Economic Development Canada to undertake the first Canadian State of Logistics Report. With facilities in Mobile AL; Piedmont, AL; Tallahassee, FL; Anniston, AL (two facilities); Eastaboga, AL; and Oxford, AL, B.R. Logistics has become an indispensable part of electronic commerce as it is responsible for planning, controlling and the flow of products from origin to final consumer. The size of the global logistics industry will increase USD 357.5 billion between 2017-2022, accelerating at a CAGR of more than 7% during the forecast period. While most data are obtained from employer or establishment surveys, information on industry unemployment comes from a national survey of households. Improving work health and safety in logistics. Logistics for MSMEs: There has been increasing pressure on the logistics industry. Challenges to the Logistics Industry. An estimated 15.5 million trucks operate in the United States with 3 million tractor trailers. It’s an insightful examination of the logistics industry as it stands today and where global trade is heading in the next few years. Here are the Top 10 Logistics Trends Expected to Transform the Global Logistics Industry in 2019 2. Logistics Industry Statistics. Transport & Logistics Industry Operating Statistics: Y/Y: Q/Q: Express Package Avg. Directly contributed $131.6 billion to Australia’s economy in 2013. The following tables present an overview of the industry including the number of jobs, the unemployment … An efficient, sustainable and cost-effective freight and logistics industry enabled through partnerships with all levels of government supports Australia's growing economy and quality of life aspirations. The report covers statistics and qualitative analysis on Ecommerce industry, Courier express and parcel industry, Freight transportation rates, and intermodal transportation in Australia. Shippers need to understand how the state of the logistics industry will affect operations and why high-quality reporting, including both internal and external reports, is crucial to proper forecasting and planning. Customers in the logistics industry comprise of both B2B and B2C segments. TMR said companies have been investing in product innovation, business expansions and new facilities to keep up with local and global competitors and strengthen their foothold in the industry. WTO: THE SULTANATE HAS FULFILLED ITS COMMITMENT TO THE TRADE FACILITATION AGREEMENT 20/07/2020 . Given the rising costs, a dwindling labour force, coupled … FTA’s work to influence policy and represent logistics is guided by its members. Shifting Customer Desires; Demand changes every day, and many companies pay top dollar to … The total U.S. industry market size for Supply Chain Management, Distribution & Logistics Consulting: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. It difficult to minimize their operational costs due to increase in the instantly... Understand the impact of the total GDP in 2015 Hong Kong ’ s GDP in 2013 176,900 jobs in.! 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