Conquer the CLTD Challenge 2025 – Navigate Your Path to Logistics Success!

Image Description

Question: 1 / 605

What percentage of the global shipping industry is made up of water carriers?

50%

The proportion of the global shipping industry made up of water carriers is a significant metric, reflecting the importance of maritime transport in global trade. Water carriers are vital for moving large volumes of goods over vast distances, particularly when considering intercontinental trade.

While the chosen answer states that this percentage is 50%, data and industry reports indicate that water carriers actually make up a larger share of the global shipping industry. The percentage typically cited in the industry tends to be higher, often around 70% or more. This reflects the efficiency and capacity of shipping by water compared to other transportation modes, such as air or land.

Understanding the role of water carriers helps to emphasize their dominance in global logistics and the considerable volume of freight that they transport, highlighting the reliance on maritime routes for international trade.

Get further explanation with Examzify DeepDiveBeta

60%

70%

80%

Next Question

Report this question

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy