25 Richest Billionaires in Logistics Industry [Yahoo! Finance]
JP Morgan Chase & Co. (JPM)
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Source: Yahoo! Finance
Global Logistics Industry: An Outlook The global logistics industry has grown rapidly since the evolution of the e-commerce industry and fast-paced globalization. This has led to an increase in demand for last-mile delivery services. According to Benchmark International , global e-commerce sales are expected to reach $6.3 trillion in 2024. Last-mile gig economy delivery plays a significant role in logistics operations. Last-mile delivery costs account for almost 53% of the total cost of shipping. Therefore, when the gig economy grows, retailers and logistics partners use crowdsourcing technologies to connect directly with local couriers to continue the delivery process. The Netherlands, Germany, Denmark, Finland, and Singapore are some of the most advanced countries in logistics According to a report by Precedence Research, the global logistics market was around $7.98 trillion in 2022. It is expected to reach $18.23 trillion by 2030, growing at a compound annual growth rate of 10
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