Austria is ranked 7th in the World Bank’s Logistics Performance Index

The current World Bank Logistics Performance Index (LPI) 2016
(http://lpi.worldbank.org/international/global/2016) compares 160 countries in their logistics performance. Austria is ranked 7th in this global study and thus among the top 10 in the world.
“Being placed 7th in the world ranking of logistics sites is a very positive signal, particularly as regards the assessment of performance and quality of the Austrian logistics companies. But the LPI of the World Bank is also an important indicator for attracting international companies to settle down and therefore particularly relevant for the domestic business location”, states Mag. Wolfram Senger-Weiss, President of the forwarding and logistics association Zentralverband Spedition & Logistik.
However, this development is no reason to sit back and take things easy, Wolfram Senger-Weiss points out. “Looking closer at the ranking, makes clear that many of the world’s best logistics locations can be found in our neighborhood: our biggest competitor in logistics, and an important trade partner, namely Germany, became world champion again.
The objective must now be to use the successful location at best. The domestic logistics stakeholders, especially the Ministry of Transport, must join forces. A brand representing “logistics Made in Austria”
should be established quickly and marketed on a national and international level. ”
Mag. Oliver Wagner, Managing Director of the Zentralverband Spedition & Logistik association, sees the good ranking as a first stage goal:
“Since we have crashed in 2014 in the LPI to place number 22, we as an association, have contributed to the quality and value added of the domestic logistics location, through intense publicity work and lobbying. So a logistics officer was appointed in the Ministry of Infrastructure on our insistence, and a stakeholder process was set in motion. Now we expect that the new Federal Minister Jörg Leichtfried will seize this opportunity for a new deal, in terms of business location and jobs, and support our industry and the general public as a “Minister of Logistics”.
The components analyzed in the World Bank’s International LPI have been chosen based on theoretical and empirical research and on the practical experience of logistics professionals involved in international freight forwarding. It measures the performance along the logistics chain within a country and offers two different perspectives: national and international.
Indicators:
The efficiency of customs and border management clearance (Customs) The quality of trade and transport infrastructure (Infrastructure ) The ease of arranging competitively priced shipments (International
shipments)
The competence and quality of logistics services – trucking, forwarding and customs handling (Logistics competence) The ability to track and trace consignments (Tracking and Tracing) The frequency with which shipments reach consignees within scheduled or expected delivery times (Timeliness) Austria is a logistics base for Central, South and Eastern Europe.
11,000 companies directly employ 160,000 persons, generating a turnover of EUR 33.6 billion. This includes a direct added value of EUR 8.6 billion (Source: IWI). Every employee in the Austrian logistics sector ensures up to 3.5 jobs in the Austrian economy. Every euro of added value by the logistics industry in Austria secures up to 4.11 euros in added value in Austria’s economy.
www.spediteure-logistik.at