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Hormuz crisis drives oil prices, shipping diversions and pressure on container supply

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Why logistics is much more than transportation

For many years, international logistics has been mistakenly reduced to a single concept: moving goods from one place to another. However, global trade institutions agree on a key point: logistics is a strategic system that supports international trade, not merely an operational service. Organizations such as the World Bank and…

What is logistics?

Logistics can be defined as the part of supply chain management that “plans, implements, and controls the efficient and effective flow of goods, services, and related information from the point of origin to the point of consumption, in order to meet customer requirements.”In other words: it’s about getting the right…

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