Luxembourg grabs the second rank of the LPI Survey
The ongoing efforts of the national logistics sector are paying off. In this year’s ranking of the Logistics Performance Index (LPI), Luxembourg storms to the second position. In the study called "Connecting to compete", Luxembourg ranked second with 4,22 points (out of a maximum of 5), just 0,01 point behind Germany. “In the Tour de France as most sports it’s not satisfying to be number 2. The Cluster for logistics congratulates the sector in Luxembourg for its achievement which demonstrates what a collaborative approach can achieve! “, says Mr Malik Zeniti, manager of the Cluster for Logistics. “Customers confidence can help to stabilize such top position by addressing where we can improve together.“
The World Bank compares 160 countries and like in 2014, Luxembourg was top of the list concerning "timeliness" and "international shipments". The performance of Luxembourg, which went from rank 8 in 2014 to second is not only a pleasant surprise; it is a signal to the international business community and can help us to attract new customers for the transport service providers.
Every two years, the World Bank reaches out to Logistics specialists to assess various countries in Customs, Infrastructure or Service quality. Rankings like the LPI are important benchmarks for international investors. The study which compares the countries among each others can be found on the website of the World Bank:
https://wb-lpi-media.s3.amazonaws.com/LPI_Report_2016.pdf
Questionnaire:
http://lpi.worldbank.org/sites/default/files/LPI_2014_Questionnaire.pdf
The Logistics Performance Index is based on a worldwide survey of operators on the ground (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 qualitative assessments of other countries with which they trade, and experience of global logistics environment. Especially infrastructure and efficiency are important issues.
The performance of Luxembourg in detail:
• The efficiency of customs and border management clearance (Customs): Rank 9 – 3.90 points.
• The quality of trade and transport infrastructure (Infrastructure): Rank 4 – 4.24 points.
• The ease of arranging competitively priced shipments (Ease of arranging shipments): Rank 1 – 4.24 points.
• The competence and quality of logistics services—trucking, forwarding, and customs brokerage (Quality of logistics services): Rank 10- 4.01 points.
• The ability to track and trace consignments (Tracking and tracing) Rank 8 – 4.12 points.
• The frequency with which shipments reach consignees within scheduled or expected delivery times (Timeliness): Rank 1 – 4.80 points.
