Over the years, the logistics industry has undergone significant transformations, from fleeting trends to major technological advancements. The infographic below highlights some of the most fascinating facts about the logistics world. For a deeper dive into these topics, you can find more information below the infographic.
Here are some additional interesting facts about the logistics industry over the past few decades:
- Barcodes were first used to label railroad cars, and their success led to their expansion into supermarkets in 1974. Since then, barcodes have become integral to retail, logistics, and various other industries.
- The United States now spends over $1.5 trillion annually on transportation logistics, with companies investing in logistics to achieve their operational goals.
- Each year, the U.S. logistics industry creates at least 300,000 new jobs, making it one of the fastest-growing and most rewarding sectors to work in.
- Globally, road transportation accounts for $8 billion spent annually on moving goods.
- Companies that partner with dedicated logistics providers save an average of 13% on shipping costs annually.
- There are 3.5 million truck drivers in the U.S., representing about 6-7% of the country’s workforce, who move goods and freight across the nation.
- Approximately 70% of freight in the U.S. is transported by truck, with trucks moving over $650 billion worth of manufactured goods each year.
- In the U.S., 88% of shippers believe that communication, flexibility, and openness are key to forming successful logistics partnerships.
- The largest logistics ship in the world is so massive that it can transport something as large as the Eiffel Tower.
- Over 9 million people in the U.S. are employed by the freight and logistics industry, relying on it as their primary source of income.
The logistics industry is constantly evolving with new technologies and innovations, making it a dynamic and exciting field to work in.
At EZ Freight Inc., we take pride in being part of this massive industry and are dedicated to helping clients optimize their logistics solutions. If you’re interested in learning more about how our logistics expertise can empower your business, contact us today to speak with one of our consultants. We thrive on new challenges and look forward to driving your success forward.
