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SA logistics performance improving, World Bank survey
Engineering News reports that South Africa has performed better than its Brics counterparts in the latest World Bank logistics survey, which examines global trade logistics performance in 155 countries.
In its 'Connecting to Compete 2012: Trade Logistics in the Global Economy' report, the World Bank said that South Africa's logistics performance indicators (LPIs) reached a score of 3.67, which ranked the county at an overall place of 23, up from a ranking of 28 in 2010.
The survey ranked countries according to their performance in six key indicators: customs, infrastructure, international shipments, logistics quality and competence, tracking and tracing, and timeliness. China lagged South Africa with an LPI score of 2.52, Brazil, with an LPI of 3.13, and India, with 3.08. Russia was ranked overall at 95, achieving a score of 2.58. The top ten performers in the upper-middle income country category included South Africa, at number one, followed by China as the second top performer, and Brazil reaching ninth place.
South Africa scored highest in the tracking and tracing category, ranking 16 out of the 155 countries surveyed, followed by the infrastructure (ranking 19) and timeliness categories (ranking 20). Customs, with a ranking of 26, and logistics quality and competence, at number 24, were found to be the lowest performers for South Africa, Engineering News says.
Read the full article on www.engineeringnews.co.za.
