Answers are grounded in this paper and cite their sources.
Logistic industry includes several services, these include transportation (shipping), insurance, customs clearance, handling, storage, packaging, inventory management, customer relations and services. According to the Council of Supply Chain Management Professionals [1], management of logistics includes positive, active and productive planning, implementation and control of commodities, labor and information from starting point to consumer. Transportation (shipping) is the key factor in logistic, development of shipping infrastructure has an important role in global economy. Investment by concerned firms in reducing shipping costs and increasing efficiency gained great importance, this is true at nations' level
No takes yet. Share an insight, caveat, or question.
Baha M. Mohsen (2022) studied this question.
Synapse has enriched 10 related papers. Consider them for comparative context: