Logistics Is Big Business In The United States

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Logistics Is Big Business In The United States

The world’s biggest economy (The United States) has the biggest logistics industry in the world. The total spend of the US logistics market is 8.3% of the GDP. The combined yearly revenue of top logistics companies Dallas and leading logistics companies in other states usually exceeds 1 trillion dollars.

In the USA, logistics is 62.6% transportation, 32.8% warehousing, and 4.6% Administration & IT. Technology plays an important role in logistics and transportation.

Every year, US companies spend more than $700 billion in transporting goods by road. They also spend more than $140 billion in leasing warehouses and approximately $80 billion on rail transport. Other logistical aspects that cost companies a lot of money include freight forwarding and airfreight.

They are local and foreign players in the US logistics industry. Texas being the second biggest American state has a very big and diverse logistics industry.

The transportation sector is the backbone of the economy. People, businesses, and organizations usually depend on the seamless flow of goods from one location to another. Top logistics companies Dallas, play important roles.

Dallas is a major city in the state of Texas. It is a hub of business and commerce. With a GDP of 1.6 trillion dollars, the GDP of Texas alone is bigger than the GDP of Canada, South Korea, Russia, Australia and other countries. Being a center of agriculture and manufacturing, logistics is big businesses in Dallas, Texas. Every day, there is the transportation of millions of goods from Texas to other parts of the United States and to other countries. There is also the entry of goods to Dallas, Texas.

Agricultural produce are some of the things that are ferried from the state. Topping the list is livestock. This is the largest source of revenue for Texas. The United States is one of the largest producers of livestock. Another agricultural item that logistic companies transport from Texas is cotton.

The transportation of agricultural items usually happens in a special manner. Perishables need air transport if the destination is far. Texas produces many perishables. Within the United States, the transportation of perishables can happen by road. When transporting perishables, cooling facilities are necessary.

The shipping of some goods happens directly from Texas to other parts of the world. Containers play an important role in logistics. They hold goods during the shipping process.

Shipping goods is an expensive affair. The average shipment cost breakdown is 38% fuel, 26% wages, 10% equipment lease, and 36% other expenses.

The Bottom-Line

Logistics involve air, sea and road transport. In the USA, the busiest ports are Los Angeles, Long Beach, New York, Savannah, and Houston.

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