Abstract
Logistics comprises a network of services that supports the physical movement of goods within and across borders. Logistics is understood as a network of services that support the physical movement of goods, trade across borders, and commerce within borders. It is a $4.3 trillion industry (The World Bank, 2018). The global perception about the logistics performance of the country can surely has an impact to the investments in Sri Lanka. The International Bank for Reconstruction and Development (IBRD) and The World Bank’s Connecting to Compete report analyses countries in six components ascertaining various countries’ performances namely, logistics performance indicator (LPI). This is a unique benchmarking tool, providing the same measure for more than 160 countries. The 2018 Logistics Performance Index scores countries on how efficiently they move goods across and within borders. Sri Lanka is geographically located in a highly strategic position. The main East-West sea route runs proximity to the country. The country is located very close to India - the Emerging Giant. This has been an enormous fortune for Sri Lanka to improve its logistics performances though scale of economies. However, Sri Lanka’s logistics performance is not, in any way, commensurate with these comparative advantages.
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