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A CASE FOR MEASURING LOGISTICS COSTS ON A NATIONAL LEVEL: A SOUTH AFRICAN APPLICATIONDownload This Article
This paper makes a case for macroeconomic logistics measurement and presents the results of the 2009 logistics cost model for South Africa. The major portion of logistics costs is attributable to road transport, of which the biggest cost driver is fuel, which, in turn, is determined by volatile oil prices and the exchange rate of the country’s monetary unit. This poses a significant exogenous risk to logistics cost management in South Africa.
Keywords: Exchange Rate, Freight Transport, Fuel Price, Logistics Cost Measurement, Logistics Cost Model, Long-Term Forecasting, Macroeconomic Logistics Indicators
How to cite this paper: Havenga, J. H., Pienaar, W. J., & Simpson, Z. (2011). A case for measuring logistics costs on a national level: A South African application. Corporate Ownership & Control, 8(3-6), 622-631. http://dx.doi.org/10.22495/cocv8i3c6p5