Freight Transport Service on International Trade with Its Implication for Global Competitiveness
Keywords:International trade, Global competitiveness, logistic performance index, Global Competitive Index
Freight transportation is the process of conveying different types of goods from one point to another using a variety of transport modes. The main objective of this study was to assess the fright transport service on international trade with its implications for global competitiveness. A descriptive followed by a longitudinal research design was used. Secondary data were collected from international organizations policy, standards documents, and annual reports for the year 2007-2018 by using the two indexing systems. Moreover, a quantitative research approach had been used. The data were entered, manipulated, organized, and analyzed using Excel and SPSS. Both descriptive and inferential analyses were used to examine the extent of fright transport service and its implications on global competitiveness and the interrelationship between international trade and freight transport service with its implication on global competitiveness. According to the result, European countries highly dominated the top 10 world rank logistic performance. Therefore, these countries were devoted to providing maximum efficiency and commitments on the Six Logistics Performance Index (LPI) and 12 pillars of GCI pillars than the others. Besides both, LPI and GCI were linearly associated with each other except for the 2016 fiscal year. This improved that tread and logistic services had an association.
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