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      Question

      What is the target logistics cost framework set by the

      NCAER report in relation to the logistics ecosystem?
      A Reduce logistics costs by 10% by 2030 Correct Answer Incorrect Answer
      B Improve logistics service quality Correct Answer Incorrect Answer
      C Introduce a hybrid methodology to estimate logistics costs Correct Answer Incorrect Answer
      D Focus on increasing rail freight capacity Correct Answer Incorrect Answer
      E Ensure a reduction in truck transport emissions Correct Answer Incorrect Answer

      Solution

      The NCAER's Logistics Cost Framework report introduces a hybrid methodology for estimating logistics costs using both EXIM and domestic cargo data. This approach aims to enhance the competitiveness and sustainability of the logistics ecosystem, benefiting both domestic and international trade.

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