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23 logistics professionals share the #1 way to reduce logistics costs

6 River Systems

According to the 30th Annual State of Logistics Report by the Council of Supply Chain Management Professionals (CSCMP), companies spent $1.64 trillion on logistics and transportation services in the United States in 2018, an increase of 11.4% billion, while transportation costs increased by 10.4%

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Interoceanic Passages

Abivin

In the current global economy, the closure of a maritime chokepoint would have significant economic ramifications due to the disruption of trade flows and even some supply chains (e.g. The Suez Canal Company's shares were purchased by Great Britain in 1874, making it the sole owner. billion tons of cargo (as of 2020).

Panama 52