An In-depth Exploration of the Composition and Calculation Conditions of Logistics Costs

An In-depth Exploration of the Composition and Calculation Conditions of Logistics Costs

Logistics costs consist of three components: material circulation expenses, information processing expenses, and management expenses. When calculating logistics costs, it is essential to define the scope of logistics, the functions involved, and the accounting categories. These factors directly impact the scale of a company's logistics costs. Appropriate calculation conditions ensure the accuracy of the data, providing valuable support for enterprise decision-making.

07/17/2025 Logistics Encyclopedia
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Quest for Quality Awards Honors Top Logistics Firms for 42 Years

Quest for Quality Awards Honors Top Logistics Firms for 42 Years

The 42nd Quest for Quality Awards by Logistics Management magazine have recognized 160 outstanding logistics service providers. Based on customer evaluations of key performance indicators like on-time performance, value, technology, service, and operations, the awards serve as a crucial benchmark for logistics decision-making. They also encourage continuous improvement and the pursuit of excellence within the logistics industry. The awards highlight companies that consistently meet and exceed customer expectations in these critical areas, providing valuable insights for shippers seeking reliable and high-quality logistics partners.

01/28/2026 Logistics Industry Insights
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Xians Zhu Hong Park Emerges As Key Silk Road Logistics Hub

Xians Zhu Hong Park Emerges As Key Silk Road Logistics Hub

Xi'an Zhu Hong Logistics Park is seeking investment. The park covers nearly 300 acres and is located at the starting point of the Silk Road, boasting convenient transportation. It integrates logistics freight, warehousing, and distribution functions. We sincerely invite logistics companies, e-commerce businesses, and other enterprises to settle in and jointly build an efficient and convenient logistics service system, contributing to regional economic development.

03/31/2025 Logistics
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Analyzing The Reasons For High Logistics Costs In China And Strategies To Address Them

Analyzing The Reasons For High Logistics Costs In China And Strategies To Address Them

China's high logistics costs are attributed to multiple factors, including rising production factor prices and inadequacies within logistics companies. Increasing land and labor costs, combined with insufficient third-party logistics services and small enterprise scales, place significant pressure on operations. To reduce costs, enterprises should leverage information technology for transformation and upgrading, optimizing internal management and enhancing transportation transparency, ultimately achieving effective control over logistics costs.

07/22/2025 Logistics Industry Insights
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Shenzhen Leads the World: The City with the Highest Quantity of Pure Electric Logistics Vehicles

Shenzhen Leads the World: The City with the Highest Quantity of Pure Electric Logistics Vehicles

Shenzhen is a global leader in promoting pure electric logistics vehicles, aiming to achieve a 50% usage rate by 2020. The first China New Energy Vehicle (Logistics Vehicle) Challenge is set to take place on December 20, attracting numerous automakers and logistics giants. Shenzhen's initiatives target the promotion of 9,203 pure electric logistics vehicles, contributing to the establishment of a green urban delivery system.

07/18/2025 Logistics
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Mercado Libre Expands Gig Economy for Latin America Deliveries

Mercado Libre Expands Gig Economy for Latin America Deliveries

To tackle peak season logistics pressures, Mercado Libre is piloting Mercado Envíos Extra in Brazil and Mexico, integrating independent delivery drivers to enhance its logistics capabilities in Latin America. This model aims to improve delivery efficiency, reduce logistics costs, and provide flexible employment opportunities for individuals. This initiative offers a valuable reference for other cross-border e-commerce platforms seeking to optimize their logistics networks.

01/06/2026 Logistics
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Ecommerce Leaders Meet in Kansas City on Retail Evolution

Ecommerce Leaders Meet in Kansas City on Retail Evolution

E-commerce experts gathered in Kansas City for the KC SmartPort's "KC Delivers" forum, discussing the impact of e-commerce on the retail industry. The forum focused on e-commerce strategies, brick-and-mortar transformation, workforce needs, and logistics site selection. Experts shared insights on navigating e-commerce challenges and seizing growth opportunities. Key takeaways included strategies for retailers to adapt to the changing landscape, the importance of efficient supply chains, and the growing demand for skilled labor in the e-commerce sector. The forum also provided a glimpse into the future trends shaping the e-commerce industry.

01/29/2026 Logistics Industry Insights
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Global Trade Firms Prioritize Air Freight Efficiency Amid Rising Costs

Global Trade Firms Prioritize Air Freight Efficiency Amid Rising Costs

This paper delves into the core advantages and applicable scenarios of international air freight. From a data analyst's perspective, it emphasizes the construction of actuarial models for speed, security, and cost. Through comparative analysis, the paper elucidates the advantages of international air freight in terms of timeliness, security, global network coverage, customs clearance efficiency, and flexibility. By incorporating specific case studies, it provides data-driven cross-border logistics decision-making references for businesses. The paper aims to help companies optimize their supply chains using insights derived from data analysis within the context of international air transport.

01/29/2026 Logistics Encyclopedia
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Guide to Selecting and Managing 3PL Partnerships Effectively

Guide to Selecting and Managing 3PL Partnerships Effectively

This paper delves into the crucial steps of selecting, contracting, and managing Third-Party Logistics (3PL) providers. It emphasizes the need for thorough self-assessment of needs and existing provider capabilities during the selection phase. Clear responsibilities and rights should be defined in the contract, and continuous monitoring and improvement are essential for contract management. Furthermore, the article explores future trends in 3PL collaboration, including digitalization, intelligentization, and green logistics. The aim is to provide businesses with a comprehensive guide to successful 3PL partnerships.

01/29/2026 Logistics Industry Insights
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3PL Industry Adapts Strategies Amid Rising Competition

3PL Industry Adapts Strategies Amid Rising Competition

This paper delves into the challenges and opportunities facing the 3PL industry, drawing upon insights from John G. Larkin, Managing Director at STIFEL Investment Bank. It provides practical advice for shippers on selecting 3PL partners, emphasizing the importance of technological innovation, talent development, building trust, fostering mutually beneficial collaborations, and managing risks effectively. The aim is to help businesses thrive in a competitive market and achieve sustainable growth by leveraging strategic 3PL partnerships and embracing key industry trends.

02/04/2026 Logistics Industry Insights
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