Logistics sector and financial reporting of cargo enterprises

Term of Logistics is the process of planning, implementing, and controlling theefficient, effective flow and storage of goods, services, and related information from point oforigin to point of consumption for the purpose of conforming to customer requirements." Notethat this definition includes inbound, outbound, internal, and external movements, and returnof materials for environmental purposes.Worldwide, the logistics industry is on a growth path, with the global logisticsindustry estimated to be of the size of $3.5 trillion in 2005 — the US market alone wasestimated at $900 billion, almost 25 per cent of the global industry. In fact, about 60 per centof the Fortune 500 companies report having at least one contract with a 3PL company.In Turkey logistic sector is an important sector. After 1990?s government regulated thesector and the sector is still improving progresses.