WSJ Blogs, 16 May 2012The Southeast Asian trading hub ranked No. 1 in the World Bank’s third biannual study of logistics performance, beating out rival Hong Kong, which came in second overall.
The index measures how easy and inexpensive it is to move goods through a country based on several criteria, including the quality of ports and rail, competence of transport companies, the ability to track goods, and prevalence of bribe solicitation. Singapore scored the top score of 4.13 out of 5. Hong Kong was just behind with 4.12. Japan was 8th overall with a score of 3.93, the same as the U.S. Full story
