Making Sense of Logistics
Germany tops logistics table

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Germany tops logistics table

Tuesday, 26/1/2010 05:05
Germany has topped a global ranking of trade logistics conducted by the World Bank.

The ranking, which listed 155 countries, was based on the Logistics Performance Indicators used by the World Bank.

Low income countries filled the bottom spots on the list, indicating there is still room for improvement in terms of connection to international markets.

"If developing countries want to come out of the crisis in a stronger and more competitive position, they need to invest in better trade logistics," Otaviano Canuto, vice-president for poverty reduction and economic management at the World Bank said.

A number of developing countries from around the world have ranked at the higher end of the table: Poland was placed 30th, while Brazil was 41st.

The US was ranked 15th, while the UK and a number of other European nations took places in the top ten. Singapore was second on the list for logistics infrastructure.ADNFCR-1654-ID-19579229-ADNFCR

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