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International Freight Solutions shares research on the economic contribution of logistics
International Freight Solutions has shared findings from research by Logistics UK and Capital Economics examining the contribution of logistics to the wider UK economy. The report considers the sector’s direct activity alongside the effects of supplier spending, employee spending and its role in enabling trade.
According to the research, each £1 of economic activity generated directly by logistics supports a further £1.04 across the wider economy. The report puts the combined contribution at £356 billion, supporting 5.3 million jobs and enabling more than £1 trillion of international trade each year.
The analysis distinguishes the sector’s £175 billion direct annual contribution from a further £181 billion associated with activity elsewhere in the economy. These are findings from economic modelling, rather than turnover figures for International Freight Solutions.
The report identifies substantial effects through the supply chain. Spending by logistics businesses with UK suppliers supported more than £90 billion of gross value added and 1.5 million jobs in 2024. Employee spending supported a further £90 billion of economic activity and 1.1 million jobs.
Logistics UK argues that the findings strengthen the case for conditions that allow freight and logistics businesses to invest, grow and operate efficiently. The research also models a potential relationship between growth in logistics’ share of the economy and additional foreign investment.
By highlighting the report, International Freight Solutions draws attention to the infrastructure and services behind international trade. The company arranges freight services for customers shipping goods by road, ocean, air and rail.
Source: International Freight Solutions
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