USA Logistics & Distribution: Why Now Is The Time To Invest In This Rapidly Growing Industry
There’s never been a better time to invest in logistics. The United States Freight and Logistics Costs reached $1.6 trillion in 2018 (8 percent of GDP that year. In 2018 Foreign direct investment in the industry totaled $1.5 billion.
Investing in logistics is a smart move for many reasons not least because it’s becoming more important than ever in order to meet the growing demand of consumers.
Logistics and distribution is the lifeblood of every e-commerce business. However, this reality has put a high demand on companies to find efficient ways to deliver their products in an affordable way that will meet customer expectations about shipping times and costs.
Investing now means gaining access to one of the most lucrative industries at a prime time for growth. According to a study by the World Bank, logistics has been one of the most under-tapped markets in terms of profit potential for investors over the past thirty years with returns on investments averaging around 16 per cent annually between 1990 and 2015.
Logistics is set to be an even more attractive industry over the next decade as it becomes increasingly important for companies to gain a competitive edge, which will result in the need for more investment options.