World Bank economists Jean Francois Arvis who, together with a team of experts, published the World Bank study: "Connecting to Compete: Trade Logistics in the Global Economy", will present his finding before the participants at "Port2Port 2008" Israel's annual transport and logistic event to be held on 27th-28th February.
The Logistics Performance Index (LPI) is the first comprehensive cross-country assessment of logistics performance in 150 countries, based on a worldwide survey completed by more than 800 logistics professionals.
It aggregates the performance in seven areas, from traditional ones, such as customs procedures, logistics costs (including freight rates), and infrastructure quality, to new areas like the ability to track and trace shipments, timeliness in reaching a destination, and the competence of the domestic logistics industry.
The survey had the support and participation of the International Association of Freight Forwarders, the Global Express Association, the Global Facilitation Partnership, and the Turku School of Economics.
The LPI is an interactive benchmarking tool created to help countries identify the challenges and opportunities they face in their performance on trade logistics and what they can do to improve their performance – the LPI allow for comparisons across 150 countries.
The Logistics Performance Index is based on a survey of operators on the ground worldwide (global freight forwarders and express carriers), providing feedback on the logistics “friendliness” of the countries in which they operate and those with which they trade. They combine in-depth knowledge of the countries in which they operate with informed perceptions of other countries with which they trade, and experience of global logistics environment. Feedback from operators is supplemented with objective data on the performance of key components of the logistics chain in the home country, data collected for 100 countries.
According to Connecting to Compete, success in improving logistics performance will also depend on the overall governance and institutional context.
The study which rated Israel in the 33rd place was received with great interest among transportation providers in Israel. During his visit to Israel Mr.Arvis will meet the heads of the Ministry of Transport as well as leading transport providers.
For the port2port 2008 event web site - click here