{"id":2290,"date":"2025-01-13T10:36:03","date_gmt":"2025-01-13T03:36:03","guid":{"rendered":"https:\/\/kctcvn.com\/?p=2290"},"modified":"2025-01-13T10:37:50","modified_gmt":"2025-01-13T03:37:50","slug":"global-logistics-costs-continue-to-trend-upward","status":"publish","type":"post","link":"https:\/\/kctcvn.com\/?p=2290&lang=en","title":{"rendered":"Global logistics costs continue to trend upward"},"content":{"rendered":"
Global logistics costs are expected to rise to $14.4 trillion by 2029, marking a 12% increase, even as companies strive to reduce expenses, according to Stocklytics.<\/p>\n
In 2024, global businesses are forecasted to spend $12.8 trillion on logistics\u2014$330 billion more than in 2023. Despite aggressive cost-cutting measures, logistics remains a significant expenditure in corporate income reports, and this figure is set to grow further over the next five years.<\/p>\n\n
Logistics Costs to Climb by $320 Billion Annually<\/strong><\/h4>\n
Over recent years, companies worldwide have implemented various strategies to trim logistics expenses, streamline operations, and adapt to market fluctuations. Technologies like automation, improved inventory management, optimized multimodal transportation, and a shift toward green logistics have achieved notable results. However, global logistics costs remain substantial.<\/p>\n
Key factors such as increasing demand for goods, supply chain disruptions, labor shortages, and rising fuel prices continue to drive up logistics expenditures. A survey by Statista Market Insights<\/strong> reveals that businesses globally will allocate $12.8 trillion to logistics in 2024, a $330 billion rise from 2023.<\/p>\n
Statista forecasts that global logistics spending will continue to grow by an average of $320 billion annually, resulting in an additional $1.8 trillion by 2029. After reaching $12.8 trillion in 2024, logistics costs will rise to $13.5 trillion within two years and approach $14.4 trillion by 2029.<\/p>\nGlobal logistics costs are expected to maintain their growth momentum in the coming years.<\/figcaption><\/figure>\n
China and India to Lead in Logistics Cost Growth<\/strong><\/h4>\n
Although rising costs will affect the entire logistics market, there are notable disparities among countries. Statista data indicates that while all major logistics markets face double-digit growth, China will experience the highest cost increase.<\/p>\n
By 2029, China’s total logistics market costs are projected to surge by 17%, reaching $3.88 trillion\u201427% of the world’s total logistics spending. India, the third-largest logistics market, follows closely with a 14.6% increase, bringing its logistics expenditure to $601.7 billion over the next five years.<\/p>\n
The U.S. market is expected to grow by 10.5%, raising logistics costs from $2.2 trillion in 2024 to $2.42 trillion in 2029. Meanwhile, Japan and Russia will each see approximately 10% growth during this period, with logistics expenditures reaching $466 billion and $442 billion, respectively, by 2029.<\/p>\n<\/article>\n
Global logistics costs are expected to rise to $14.4 trillion by 2029, marking a 12% increase, even as companies strive to reduce expenses, according to Stocklytics. In 2024, global businesses are forecasted to spend $12.8 trillion on logistics\u2014$330 billion more than in 2023. Despite aggressive cost-cutting measures, logistics remains a significant expenditure in corporate income […]\n","protected":false},"author":5,"featured_media":2286,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_members_access_role":[],"_members_access_error":""},"categories":[36],"tags":[],"class_list":["post-2290","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-specialized-documents"],"yoast_head":"\n
Global logistics costs continue to trend upward - KCTC Vi\u1ec7t Nam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/kctcvn.com\/?p=2290&lang=en\" \/>\n<meta property=\"og:locale\" content=\"vi_VN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Global logistics costs continue to trend upward\" \/>\n<meta property=\"og:description\" content=\"Global logistics costs are expected to rise to $14.4 trillion by 2029, marking a 12% increase, even as companies strive to reduce expenses, according to Stocklytics. In 2024, global businesses are forecasted to spend $12.8 trillion on logistics\u2014$330 billion more than in 2023. Despite aggressive cost-cutting measures, logistics remains a significant expenditure in corporate income [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/kctcvn.com\/?p=2290&lang=en\" \/>\n<meta property=\"og:site_name\" content=\"KCTC Vi\u1ec7t Nam\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-13T03:36:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-01-13T03:37:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/kctcvn.com\/wp-content\/uploads\/WeChat-Screenshot_20250113101118.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"952\" \/>\n\t<meta property=\"og:image:height\" content=\"504\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"2 Admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"\u0110\u01b0\u1ee3c vi\u1ebft b\u1edfi\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 Admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"\u01af\u1edbc t\u00ednh th\u1eddi gian \u0111\u1ecdc\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 ph\u00fat\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/kctcvn.com\\\/?p=2290&lang=en#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/kctcvn.com\\\/?p=2290&lang=en\"},\"author\":{\"name\":\"2 Admin\",\"@id\":\"https:\\\/\\\/kctcvn.com\\\/#\\\/schema\\\/person\\\/1c2fb00cf61d1a25c5f0e385aa718931\"},\"headline\":\"Global logistics costs continue to trend upward\",\"datePublished\":\"2025-01-13T03:36:03+00:00\",\"dateModified\":\"2025-01-13T03:37:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/kctcvn.com\\\/?p=2290&lang=en\"},\"wordCount\":355,\"image\":{\"@id\":\"https:\\\/\\\/kctcvn.com\\\/?p=2290&lang=en#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/kctcvn.com\\\/wp-content\\\/uploads\\\/WeChat-Screenshot_20250113101118.jpg\",\"articleSection\":[\"Specialized documents\"],\"inLanguage\":\"vi\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/kctcvn.com\\\/?p=2290&lang=en\",\"url\":\"https:\\\/\\\/kctcvn.com\\\/?p=2290&lang=en\",\"name\":\"Global logistics costs continue to trend upward - KCTC Vi\u1ec7t Nam\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/kctcvn.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/kctcvn.com\\\/?p=2290&lang=en#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/kctcvn.com\\\/?p=2290&lang=en#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/kctcvn.com\\\/wp-content\\\/uploads\\\/WeChat-Screenshot_20250113101118.jpg\",\"datePublished\":\"2025-01-13T03:36:03+00:00\",\"dateModified\":\"2025-01-13T03:37:50+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/kctcvn.com\\\/#\\\/schema\\\/person\\\/1c2fb00cf61d1a25c5f0e385aa718931\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/kctcvn.com\\\/?p=2290&lang=en#breadcrumb\"},\"inLanguage\":\"vi\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/kctcvn.com\\\/?p=2290&lang=en\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"vi\",\"@id\":\"https:\\\/\\\/kctcvn.com\\\/?p=2290&lang=en#primaryimage\",\"url\":\"https:\\\/\\\/kctcvn.com\\\/wp-content\\\/uploads\\\/WeChat-Screenshot_20250113101118.jpg\",\"contentUrl\":\"https:\\\/\\\/kctcvn.com\\\/wp-content\\\/uploads\\\/WeChat-Screenshot_20250113101118.jpg\",\"width\":952,\"height\":504},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/kctcvn.com\\\/?p=2290&lang=en#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Trang ch\u1ee7\",\"item\":\"https:\\\/\\\/kctcvn.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Global logistics costs continue to trend upward\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/kctcvn.com\\\/#website\",\"url\":\"https:\\\/\\\/kctcvn.com\\\/\",\"name\":\"KCTC Vi\u1ec7t Nam\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/kctcvn.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"vi\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/kctcvn.com\\\/#\\\/schema\\\/person\\\/1c2fb00cf61d1a25c5f0e385aa718931\",\"name\":\"2 Admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"vi\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/433eb4b9302410f0816df0c0b458ba3c12b3618fa1aa454d068c9f14cd4f18b9?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/433eb4b9302410f0816df0c0b458ba3c12b3618fa1aa454d068c9f14cd4f18b9?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/433eb4b9302410f0816df0c0b458ba3c12b3618fa1aa454d068c9f14cd4f18b9?s=96&d=mm&r=g\",\"caption\":\"2 Admin\"},\"url\":\"https:\\\/\\\/kctcvn.com\\\/?author=5\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Global logistics costs continue to trend upward - KCTC Vi\u1ec7t Nam","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/kctcvn.com\/?p=2290&lang=en","og_locale":"vi_VN","og_type":"article","og_title":"Global logistics costs continue to trend upward","og_description":"Global logistics costs are expected to rise to $14.4 trillion by 2029, marking a 12% increase, even as companies strive to reduce expenses, according to Stocklytics. In 2024, global businesses are forecasted to spend $12.8 trillion on logistics\u2014$330 billion more than in 2023. Despite aggressive cost-cutting measures, logistics remains a significant expenditure in corporate income [...]","og_url":"https:\/\/kctcvn.com\/?p=2290&lang=en","og_site_name":"KCTC Vi\u1ec7t Nam","article_published_time":"2025-01-13T03:36:03+00:00","article_modified_time":"2025-01-13T03:37:50+00:00","og_image":[{"width":952,"height":504,"url":"https:\/\/kctcvn.com\/wp-content\/uploads\/WeChat-Screenshot_20250113101118.jpg","type":"image\/jpeg"}],"author":"2 Admin","twitter_card":"summary_large_image","twitter_misc":{"\u0110\u01b0\u1ee3c vi\u1ebft b\u1edfi":"2 Admin","\u01af\u1edbc t\u00ednh th\u1eddi gian \u0111\u1ecdc":"3 ph\u00fat"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/kctcvn.com\/?p=2290&lang=en#article","isPartOf":{"@id":"https:\/\/kctcvn.com\/?p=2290&lang=en"},"author":{"name":"2 Admin","@id":"https:\/\/kctcvn.com\/#\/schema\/person\/1c2fb00cf61d1a25c5f0e385aa718931"},"headline":"Global logistics costs continue to trend upward","datePublished":"2025-01-13T03:36:03+00:00","dateModified":"2025-01-13T03:37:50+00:00","mainEntityOfPage":{"@id":"https:\/\/kctcvn.com\/?p=2290&lang=en"},"wordCount":355,"image":{"@id":"https:\/\/kctcvn.com\/?p=2290&lang=en#primaryimage"},"thumbnailUrl":"https:\/\/kctcvn.com\/wp-content\/uploads\/WeChat-Screenshot_20250113101118.jpg","articleSection":["Specialized documents"],"inLanguage":"vi"},{"@type":"WebPage","@id":"https:\/\/kctcvn.com\/?p=2290&lang=en","url":"https:\/\/kctcvn.com\/?p=2290&lang=en","name":"Global logistics costs continue to trend upward - KCTC Vi\u1ec7t Nam","isPartOf":{"@id":"https:\/\/kctcvn.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/kctcvn.com\/?p=2290&lang=en#primaryimage"},"image":{"@id":"https:\/\/kctcvn.com\/?p=2290&lang=en#primaryimage"},"thumbnailUrl":"https:\/\/kctcvn.com\/wp-content\/uploads\/WeChat-Screenshot_20250113101118.jpg","datePublished":"2025-01-13T03:36:03+00:00","dateModified":"2025-01-13T03:37:50+00:00","author":{"@id":"https:\/\/kctcvn.com\/#\/schema\/person\/1c2fb00cf61d1a25c5f0e385aa718931"},"breadcrumb":{"@id":"https:\/\/kctcvn.com\/?p=2290&lang=en#breadcrumb"},"inLanguage":"vi","potentialAction":[{"@type":"ReadAction","target":["https:\/\/kctcvn.com\/?p=2290&lang=en"]}]},{"@type":"ImageObject","inLanguage":"vi","@id":"https:\/\/kctcvn.com\/?p=2290&lang=en#primaryimage","url":"https:\/\/kctcvn.com\/wp-content\/uploads\/WeChat-Screenshot_20250113101118.jpg","contentUrl":"https:\/\/kctcvn.com\/wp-content\/uploads\/WeChat-Screenshot_20250113101118.jpg","width":952,"height":504},{"@type":"BreadcrumbList","@id":"https:\/\/kctcvn.com\/?p=2290&lang=en#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Trang ch\u1ee7","item":"https:\/\/kctcvn.com\/"},{"@type":"ListItem","position":2,"name":"Global logistics costs continue to trend upward"}]},{"@type":"WebSite","@id":"https:\/\/kctcvn.com\/#website","url":"https:\/\/kctcvn.com\/","name":"KCTC Vi\u1ec7t Nam","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/kctcvn.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"vi"},{"@type":"Person","@id":"https:\/\/kctcvn.com\/#\/schema\/person\/1c2fb00cf61d1a25c5f0e385aa718931","name":"2 Admin","image":{"@type":"ImageObject","inLanguage":"vi","@id":"https:\/\/secure.gravatar.com\/avatar\/433eb4b9302410f0816df0c0b458ba3c12b3618fa1aa454d068c9f14cd4f18b9?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/433eb4b9302410f0816df0c0b458ba3c12b3618fa1aa454d068c9f14cd4f18b9?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/433eb4b9302410f0816df0c0b458ba3c12b3618fa1aa454d068c9f14cd4f18b9?s=96&d=mm&r=g","caption":"2 Admin"},"url":"https:\/\/kctcvn.com\/?author=5"}]}},"lang":"en","translations":{"en":2290,"vi":2283,"ko":2292},"pll_sync_post":[],"_links":{"self":[{"href":"https:\/\/kctcvn.com\/index.php?rest_route=\/wp\/v2\/posts\/2290","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kctcvn.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kctcvn.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kctcvn.com\/index.php?rest_route=\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/kctcvn.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2290"}],"version-history":[{"count":1,"href":"https:\/\/kctcvn.com\/index.php?rest_route=\/wp\/v2\/posts\/2290\/revisions"}],"predecessor-version":[{"id":2291,"href":"https:\/\/kctcvn.com\/index.php?rest_route=\/wp\/v2\/posts\/2290\/revisions\/2291"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kctcvn.com\/index.php?rest_route=\/wp\/v2\/media\/2286"}],"wp:attachment":[{"href":"https:\/\/kctcvn.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kctcvn.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kctcvn.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![\"\"](\"https:\/\/kctcvn.com\/wp-content\/uploads\/s.jpg\")