News

          NEW YORK, JAN 27: THE WORLD Bank’s 2010 Logistics Performance Index (LPI) has placed india on the 47th slot with a score of 3.12 out of a possible five in the efficient logistics parameters.

           for efficiency, Germany topped the list as the most efficient  in the world with a score of 4.11, marginally ahead of Singapore (4.09), Sweden (4.08), the Nether lands (04.7) and Luxembourg (3.98) .

           Completing the Top 10 list of most efficient logistics nations were switzerland  (3.97), japan (3.97), the UK (3.95), Belgium (3.94) and Norway (3.93).

            Hong Kong was placed 13th with a score of 3.88, beating the US in 15th position with rating of 3.86 china took in 27th place with 3.49 points and the Russian Fed eration 94th with 2.61 points.

          At the bottom with 1.34 was Somalia.

            LPI uses more than 5,000 individual country assessments made by nearly 1,000 international freight forwarders to compare the trade logistics profiles of 155 countries.

           The 2010 LPI provides a glimpse into the selected performance indicators in nearly 130 countries, including expanded information on the time, cost and reliability of import  and export supply chains, infrastructure quality, performance of core services and the friendliness of trade clearance procedures.