Tuesday, April 01, 2008

China Revenue from Supply Chain Business Soars 26%




China Revenue from Supply Chain Business Soars 26%(Cargonews Asia)

China’s revenue from the logistics industry totalled US$10.68 trillion in 2007, up 26.2% from 2006, according to the China Federation of Logistics and Purchasing (CFLP).

The weight in GDP went up 0.2 percentage points to reach 6.9% over 2006.

Total logistics fee went up 18.2% in 2007 to reach $646.95 billion. Transportation fees standing at $351.97 billion, up 17.6% year-on-year, and accounting for 54.4% of the total logistics fees.

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