Singapore has emerged as number one in terms of logistics, according to a World Bank survey.
The Netherlands, home to Europe's biggest and busiest port, was second and Germany came in third.
Singapore's trump card was its highly efficient and reliable supply chain combined with competitive costs.
Part of that integration and efficiency can be attributed to Portnet, a network portal that helps the logistics industry - from shipping lines and hauliers to freight forwarders and government agencies - manage information better.
Portnet uses infocommunication technology to simplify, synchronise and integrate complex processes such as the moving and tracking of cargo.
It also makes the transfer of information more efficient. Partners overseas can make plans regarding the cargo in Singapore and the information is then distributed to all parties involved.
PSA said the portal has helped to transform the shipping and logistic industry into a proactive and connected hub driven by the intelligent management of information, making Singapore the world's busiest container port.
A spokesman for Neptune Orient Lines, a Singapore-based shipping and logistics company, said the World Bank ranking was confirmation of Singapore's emergence as a true centre of excellence on the world stage in many areas of logistics.
Two other Asian economies made the top 10 - Japan at sixth and Hong Kong at eighth. Mainland China made only the 30th spot, despite its booming global trade.
Myanmar was fourth from the bottom, while Afghanistan came in last out of the 150 countries surveyed.
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