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Logistics industry worldwide -
statistics & facts. The logistics industry facilitates the trade entrepreneurial activities between two or more parties by transporting, storing, and delivering goods through B2B, B2C, or C2C supply chain networks. At the present time, logistics companies implement cargo transportation services by land, air, and water while adapting to the changing nature of economic patterns and digitization. As one of the backbones of international trade, the logistics industry worldwide was worth over 8.4 trillion euros in 2021 and is expected to exceed 13.7 billion euros by 2027. Correspondingly, global total logistics costs soared to nine trillion U. S. dollars in 2020. That represents 10.7 percent of the global Gross Domestic Product (GDP) of 85.24 trillion U. S. dollars that year.

Transportation & Logistics Career
As the transportation industry is becoming more technology-driven, great efforts are being undertaken towards sustainability. Global passenger demand is on the rise both in mature and emerging markets, where the population is becoming increasingly affluent and mobile. In terms of cargo transportation, trade relations between China, North America, and the European Free Trade Association (EFTA) are forecast to drive up traffic demand over the coming years. While cargo aircraft are often used to transport mail, animals, and dangerous items, bulk products are typically carried by railways, trucks, and ships. In the logistics industry, intermodal freight traffic is the most common choice to move consumer goods, as freight that is shipped in containers can easily be moved interchangeably by trucks, railroads, and containerships.

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