The high population level and the extensive geographical coverage of India are two important reasons that are influencing the logistics industry outlook in India for 2023. India is the 5th largest economy in the globe where the logistics sector contributes to over 14% of the country’s net GDP. The value of the logistics sector in…
Conqueror Blog
Tag: freight forwarding sector
Impact of rising fuel costs on freight forwarding industry
The cost of fuel which has been on the rise even since the Russia-Ukraine war has now become an ever-growing headache for the freight forwarding industry. The supply chain sector is closely interlinked with the fuel industry as practically all commodities’ supply chain is impacted by it. No matter if the product is moving from…