The logistics industry handles moving things like goods, information, and services from where they start to where they need to go in a cost-effective way. People in the industry make sure things get transported, stored, and delivered on time to customers and businesses.
The industry has different parts, like transportation, warehousing, managing inventory, fulfilling orders, overseeing the whole supply chain, sending freight, and doing the last bit of delivery.
For instance, a logistics company might take care of pipelines, storage places, trucks, and centers that deal with oil, getting it ready for customers or businesses to use.
The logistics industry plays a crucial role in global trade, retail, e-commerce, manufacturing, and more. Effective logistics management reduces transportation and management costs, enhances customer satisfaction, and ensures quicker deliveries. This includes handling aspects like Full Truck Load to optimize transportation efficiency and cost-effectiveness.