The features of logistics network structures and prospects for their transformation in the BRICS countries

Abstract

The ongoing global transformation processes have led to changes in logistics systems that are now being restructured at a new technological level. The formation of new inter-country groupings and the leap in the volume and quality of infrastructure have a key impact on logistics parameters; the increases in risk and uncertainty make it necessary to diversify supply capabilities and create reserve capacities in order to balance unforeseen situations. The paper first examines the formation of new logistics networks and diversification of existing ones using the evidence both from the BRICS countries, primarily Russia, India and China, and from candidates for accession to this organization; then, it analyses the prospects of their integration in the new geopolitical and technological environment. The study is based on the systematic approach, using comparative analysis and statistical methods; it aims to assess the prospects for cooperation between Eurasian members of BRICS in the field of logistics systems and to identify the national specifics of their financing, design and formation. The paper systematizes information on industry, maritime, air and land transport, paying special attention to the shipping of hydrocarbons and developing of latitudinal and meridional corridors on a new technological basis. It also gives an overview of the benefits gained from complex integrated initiatives and transformation of the logistics industry as a whole.