News & Articles
Chain Events
Tuesday, April 20, 2010
Our freight bill: $3.5 trillion dollars - but wait: There is additional cost
Datamonitor just published a new study showing that the current value of the global and express market is approximately US$3.5 trillion. By 2013, this figure is expected to reach US$4 trillion, mainly because of growth in Asia, BRIC and the Middle East. Two areas are driving the industry development: Cost and sustainability.
Reality is that the freight bill carries with it an additional cost: Impact on the environment. When this cost is factored in, some of the locations boasting cheap-unit-cost may not look so favorable. True eco-logistics costs take into account both the economics and the ecological aspects of the supply chain. Yes, the supply chain just got more complex. Yet it also got more sustainable in more than one respect.
Our freight bill: $3.5 trillion dollars - but wait: There is additional cost
Datamonitor just published a new study showing that the current value of the global and express market is approximately US$3.5 trillion. By 2013, this figure is expected to reach US$4 trillion, mainly because of growth in Asia, BRIC and the Middle East. Two areas are driving the industry development: Cost and sustainability.
Reality is that the freight bill carries with it an additional cost: Impact on the environment. When this cost is factored in, some of the locations boasting cheap-unit-cost may not look so favorable. True eco-logistics costs take into account both the economics and the ecological aspects of the supply chain. Yes, the supply chain just got more complex. Yet it also got more sustainable in more than one respect.
