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Industries · Industrials and mobility

Logistics, shipping, ports and supply-chain services

How goods move around the world: container shipping and freight rates, freight forwarders, warehousing and third-party logistics, the last mile, and the ports and free zones of the Gulf and Singapore. Covers voyage economics, rerouting, cost per drop, trade lanes, and the 2024 to 2026 disruptions in the Red Sea and the Strait of Hormuz.

39 min3 lessons Last reviewed
Start lesson 1 How logistics works: carriers, forwarders, warehouses, ports and the last mile

Key takeaways

  • Logistics companies sell the movement and storage of other companies' goods.
  • Most logistics costs are driven by time and distance: the days a ship sails, the hours a driver works, the days goods sit in a yard.
  • Logistics cases usually ask how to cut cost to serve, where to put a warehouse or hub, how to grow a logistics business, or how to respond to a disruption.
By the end you will be able to
  • Explain who does what in logistics: shippers, carriers, forwarders, 3PLs, ports and last-mile companies
  • Calculate voyage economics, the cost of a longer route, and last-mile cost per drop
  • Use Little's law to connect port or warehouse throughput, dwell time and space
  • Describe the main trade lanes and the role of Gulf and Singapore hubs and free zones
  • Crack typical logistics cases, starting with the right driver