Logistics services: This subsector includes inbound and outbound transportation management, fleet management, warehousing, materials handling, order fulfillment, logistics network design, inventory management, supply and demand planning, third-party logistics management, and other support services. To serve customers efficiently, multinational and domestic firms provide tailored logistics and transportation solutions to ensure coordinated goods movement from origin to end user through each supply chain network segment. America's highly integrated supply chain network links producers and consumers through multiple transportation modes, including air and express delivery services, freight rail, maritime transport, and truck transport. In 2018, foreign direct investment in the industry totaled $1.5 billion.Īnalysts expect investment to correlate with sector-specific growth in the U.S. United States Business Logistics Costs reached $1.6 trillion in 2018 (8 percent of GDP that year). International and domestic companies in this industry benefit from a highly skilled workforce and relatively low costs. By investing in this sector, multinational firms position themselves to better facilitate the flow of goods throughout the world's largest consumer market. The logistics and transportation industry in the United States is highly competitive.
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