Can Logistics Predict the Economy?

Can Logistics Predict the Economy?

Can Logistics Predict the Economy?

Logistics is behind every product in our world. Electronics, apparel, consumables – everything is being manufactured and moved around the globe in order to be delivered to the end customer. Logistics is a hidden power which stands behind the global economy, supports it and influences it in a lot of ways. However, this power is not unstoppable, because of such unpredictable events as the famous cyber attack on Maersk, which paralyzed global trade for several months. It did not stop consumers from purchasing more products though. With an increase of e-commerce volumesĀ that will double by 2021, more and more goods are going to be shipped around the world. The question is – Can logistics actually predict the economy by using the historical data from the industry?