Logistics Performance Index
- June 15, 2023
- Posted by: OptimizeIAS Team
- Category: DPN Topics
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Logistics Performance Index
Subject : International Relations
Section: Indices and Reports
The logistics performance Index
he Logistics Performance Index (LPI), developed by the World Bank Group, is an interactive benchmarking tool created to help countries identify the challenges and opportunities they face in their performance on trade logistics and what they can do to improve their performance.
It measures the overall efficiency of the trade logistics performance of countries. It combines measurements from two components to arrive at a score:
- Worldwide survey of international logistics operators (from other countries)- They give a score based on the logistics ‘friendliness’ of the other country on the following parameters:
- Customs
- Infrastructure
- International shipments
- Logistics
- Tracking and tracing
- Timeliness
Granular high frequency information on maritime shipping and container tracking, postal and air freight activities.