Logistics industry faces staggering losses

Pakistan’s logistics industry faces annual losses of around $36 billion due to offline trade, potentially resulting in the loss of two to three million jobs. Experts emphasised these concerns at the Pakistan Logistics and Shipping Summit 2025, which was held on Thursday. According to a press release, industry leaders emphasised that real-time solutions, including processing, tracking, and other digital facilities, are the only way to tap into growth opportunities and compete with the developed world. While government processes have become nearly real-time, a significant gap remains, with approximately 70pc of private sector activities, including those of freight forwarders and related service providers, still relying on outdated, manual methods.