This website uses cookies to ensure you have the best experience. Learn more

Profile Of The United Kingdom And The Logistics Industry

1945 words - 8 pages

United Kingdom Profile

Population of UK (2012, CIA WORLD DATA) is 63,395,212 millon.
Area in sq. km according to CIA 2012 is 244,820.
GDP in US dollars according to CIA 2012 figures is 2.443 trillion.
GDP Per capita in US dollars (CIA) is 36,000
Growth rate of GDP in 2012 ( CIA ) was 0.2%

Background to UK Major Industries

The introduction of Prime Minister Margaret Thatcher brought major changes to the sectors operating in Great Britain. Prior to Thatcher the country focused mainly on manufacturing for instance car manufacturing, coal mining. However, once she came to power, she acknowledged that Britain was no longer profitable in such industries thus the country moved to focus on the ...view middle of the document...

” . Thus this information explains the change in transportation for the UK.
However in order to maintain operations in the road and rail freight, the UK government has released statements showing their plans to make trading through these methods of transports easier for logistic service providers. Below statements from The Logistic Report 2012 (FTA) gives details of such changes.

Improvements to Roads statement: “be targeting over £1bn investment in the most growth-critical roads. It will also use a pinch point fund to deliver technology improvements on a number of key routes, such as the M5, M40, M3 and M54.”

Improvements to Rail: “For rail, Government will make available funding for an investment of £55m in the Strategic Rail Freight Network to remove bottlenecks and improve connectivity to the UK’s major ports.

Current UK Logistics Activity
The UK’s EU exports for November 2013 total £12.4 billion and The UK’s EU imports for November 2013 total £19.3 billion (HM Revenue and Customs.) According to national statistics the UK remains a net importer (imports are greater than exports) with the difference totalling £6.9 billion as shown in the table below. In highlighting the growth of the logistics market we can compare the 2012 and 2013 figures which show that imports rose by £0.9 billion and exports fell by £1.0 billion.

Evaluation of Logistic Activities in United Kingdom
In analysing the current practise of UK logistics it can be concluded that those involved are operating satisfactory. The countries current status shows that it is enabling the right trading so as profit (GDP) can be maintained. To date the country plays a vital role in the international logistics and in evaluating this aspect, they also appear to be contributing satisfactory as they are “among the top three recipients of FDI in the world” showing other countries want to continue to invest in what the country has to offer. However, whilst studying the countries profile, there were some areas of concern within this subject. They do not have the same volume of logistics as other countries, for example “UK exports almost as wide a range of products as Germany, Japan and the USA in emerging markets, it exports less of them”. (UK International Trade and Investment Report 2013). This can be explained through the nature of their products as the UK produces higher valued products but less of them and so will continue to fall behind their competitors. They can compete due to the high prices of their products, however, this means that they likely to pay more in transportation costs than their competitors. Thus many businesses involved in British sectors may look to outsource their logistics.

Outsourcing Logistics. (Drivers Involved)

The countries profile shows it to be most heavily involved in the service industry which subsequently means heavy reliance on human resources. Providing service creates the need for every business to have a department in customer services. This...

Find Another Essay On Profile of the United Kingdom and the Logistics Industry

The United Arab Emirates and the United Kingdom

2331 words - 10 pages Table of Contents The United Arab Emirates and the United Kingdom Introduction………………………………………………………………………………………………………………….....3 Section A – Comparison between The United Arab Emirates culture and The United Kingdom Culture……………………………………………………………………………………………………………………………4 1. Meeting and greeting……………………………………………………………………………………………..4 2. Exchanging gifts…………………………………………………………………………………………………….4 3. Forms of address in business meetings

The Increase of State Surveillance in the United States and United Kingdom

544 words - 3 pages Introduction With today’s technological surveillance capabilities, our actions are observable, recordable and traceable. Surveillance is more intrusive than it has been in the past. For numerous years countries such as the United State and the United Kingdom have been actively monitoring their citizens through the use of surveillance technology. This state surveillance has been increasing with each passing year, consequently invading the

Meningitis in the United Kingdom and the United States of America

4159 words - 17 pages influenza (Cartwright KA et al 1991). A child under five years of age and adolescents are most likely to be affected and is augmented by contact with a case (Hastings L et al 1997). This paper will analyse Meningitis in the United Kingdom (UK) and the United States of America (USA). The main objective is to focus on the gaps in the current programmes and bring about a unique perspective to observed Meningitis infection by understanding the

Economic Profile of the Airline Industry

2346 words - 9 pages Economic Profile of the Airline Industry Airlines use a formula of combining their yield and inventory costs to determine ticket prices. While it is imperative to focus on the idea of being profitable, the focus is to maximize the cost of the flight revenue. One huge factor that encourages an increase in the cost of tickets relates to a customer ordering a ticket close to the departing date, define this as a risk factor because they

Studiying in the United Kingdom

2532 words - 11 pages income of Azerbaijan comes from oil industry, but other sectors such as mechanical engineering and tourism are developing rapidly. Every year in Azerbaijan several factories and enterprises are opened. I believe after university graduation in the UK, with knowledge acquainted in the United Kingdom i will be useful to my country, with my help and knowledge Azerbaijan will reach the most developed countries in mechanical engineering such as the United

The United Kingdom Public Law

1170 words - 5 pages The United Kingdom Public Law Author’s name: Institution’s name: United Kingdom Public Law Public law is the section of law that governs the relationship between individuals and the government and other relationships between individuals, which directly concern the society. It comprises of constitutional law, tax law, criminal law and administrative law. In public law, compulsory rules prevail. Freedom of speech is the notion of

The United Kingdom Beverage Market

1819 words - 7 pages The United Kingdom Beverage Market INTRODUCTION Armstrong Corporation is a food products manufacturing company, with products which include ready-to-eat cereals, frozen pies, snack items and carbonated beverages. Funky-Cola is the flagship brand of the carbonated beverage division. Our company has decided to introduce Funky-Cola to the United Kingdom beverage market. In this paper, the market potential and opportunities of the country would

The United Kingdom Prison Service

1743 words - 7 pages the provisions of the contract. In each privately operated prison, there are permanent government monitors that ensure the facility is well managed and the prisoners are treated in accordance with the law. Additionally, the HM Chief Inspector is mandated to inspect private prisons in the same way as public ones. Up to date, there are 16 officially contracted private prisons in the United Kingdom (Hodge, Graeme, and Greve 10). These prisons have the

The Legal and Ethical Implications of Selling E- Cigarettes in the United Kingdom

886 words - 4 pages P4P – Assignment Professional Dilemma, Part 2 – 2013/14 By: Rubanah Rubaseyone SDS Number: 09322942 Mark Allocated: Summarise, under the headings below, the legal and ethical implications for you as the pharmacist in the scenario you researched in part 1 of your assignment. Legal Issues: Electronic cigarettes (e-cigs) sold in the United Kingdom must conform to the requirements of the General Product Safety Regulations 2005 (2001/95/EC

The Relationship Between Gilbraltar and the United Kingdom

1440 words - 6 pages same would also apply in relation to the Schengen Protocol, so Gibraltar is only bound by such measures that the UK has opted into in respect of Gibraltar and can exercise frontier controls on people wishing to enter Gibraltar. It is furthermore, bound by the Protocol dealing with the UK’s non-participation in the third stage of economic and monetary union. “…By virtue of Article 28 of the Act [of accession of the United Kingdom] … acts of the

Revenue vs. Education in the U.S. and the United Kingdom

2606 words - 11 pages different bias; this is due to the significant value of the correlation between the time series and the dependent variable (as it was mentioned at the correlation matrix, income suffers a pertinent variation in time). 5.0. Discussions and Conclusions Our comparative assessment revealed that in both the USA and in the United Kingdom, the level of schooling is a significant predictor for the annual amount of income for each citizen. In both

Similar Essays

Pharmaceutical Industry In The United Kingdom

1016 words - 5 pages INTRODUCTION Pharmaceutical industry in the United Kingdom The pharmaceutical industry in the United Kingdom directly employs around 72,000 people and in 2010 contributed £8.4 billion to the UK's GDP and invested a total of £3.9 billion in research and development. In 2007 exports of pharmaceutical products from the UK totalled £14.6 billion, creating a trade surplus in pharmaceutical products of £4.3 billion. The UK is home to GlaxoSmithKline

Germany And The United Kingdom Essay

1683 words - 7 pages Germany and the United Kingdom All countries in our world share many similarities and differences. This allows each country to learn from one another’s failures and successes. Two of the countries that have similar and different ways that they run their country is Germany and the United Kingdom. These countries each have their own style of how they choose to run their countries. Both Germany and the United Kingdom are democracies in the world

The United Kingdom Of Great Britain And Northern Ireland

931 words - 4 pages In the UK there are four countries, England, Scotland, Wales, and Northern Ireland the capital of Scotland is Edinburgh, The capital of Wales is Cardiff, The capital of Northern Ireland is Belfast , and the Capital of England is London. Everyone considers London the Capital of the whole UK. Music acts who are popular today Artist and/ or bands that have made it to the top 10 on iTunes or anywhere on the Billboard charts are: The Rolling

Comparing The United Kingdom And Brazil

1276 words - 5 pages , industrial and commercial power in Europe - often competing with the USA for trading powers and maritime supremacy. As well as owning nearly half the globe through colonies the United Kingdom was very advanced in technology and science, benefiting it's industry in full scale production of new technology. Though after suffering 2 world wars, taking strength from the country, it started to spiral down from the empire it once had; slipping behind and