Best Country to Study Logistics: 2026 Complete Guide

Explore the top 10 best countries to study logistics and supply chain management. Compare costs, career prospects, and program strengths to find your ideal launchpad in this high-demand global industry.

Swati Agarwal 13 January 2026
Best Country to Study Logistics

In a world of same-day delivery and constant supply chain disruptions, trained professionals are in high demand. But choosing the best country to study logistics is key not just for academics, but for career impact. It's about proximity to trade hubs, access to cutting-edge tech, strong industry connections, and global exposure.

This guide helps you choose the best country to study logistics and thrive in this dynamic industry, from established leaders like the USA and Germany to global trade hubs like Singapore and the Netherlands, and emerging centres in Asia and the Middle East.

Comparative Analysis: Best Countries to Study Logistics

Country

Annual Cost (USD)

Duration (Master's)

Language

Best For

Germany

$11,000-$16,500

2 years

German/English

Technical excellence, affordability

Netherlands

$22,000-$34,000

1-2 years

English

Port operations, sustainability

USA

$55,000-$100,000+

1-2 years

English

Highest earnings, corporate access

Singapore

$31,000-$47,000

1-2 years

English

Asian markets gateway

UK

$34,000-$58,000

1 year

English

Quick degree, prestige

Denmark

$24,000-$33,000

2 years

English

Green logistics innovation

Canada

$29,000-$48,000

1-2 years

English/French

Immigration pathways

Australia

$33,000-$46,000

1.5-2 years

English

Resources, lifestyle

UAE

$28,000-$40,000

1-2 years

English

Tax benefits, unique market

China/HK

$8,400-$38,500

1-2 years

Chinese/English

Manufacturing exposure

Understanding Logistics and Supply Chain Management: What Will You Learn?

Logistics focuses on the movement and storage of goods, while supply chain management encompasses the entire flow of materials, information, and finances from raw material suppliers to end customers. Modern programs integrate both disciplines. Here are the core areas of study.

Category

Key Topics

Logistics Fundamentals

- Transportation management (road, rail, air, sea)

- Warehouse operations & inventory control

- Distribution network design

- Freight forwarding & customs procedures

- Last-mile delivery optimisation

Supply Chain Strategy

- Procurement & supplier relationship management

- Demand forecasting & planning

- Production scheduling & operations management

- Supply chain analytics & optimisation

- Risk management & resilience

Technology & Innovation

- Supply chain software (SAP, Oracle, Manhattan)

- Blockchain in supply chain

- IoT for real-time tracking

- AI & machine learning applications

- Automation & robotics in logistics

Business Context

- International trade regulations

- Sustainability & green logistics

- E-commerce & omnichannel fulfilment

- Project management

- Leadership & organisational behaviour

Top 10 Best Countries to Study Logistics and Supply Chain Management

Best Country to Study Logistics

1. Germany

Germany stands as the world's leader in logistics education, combining engineering excellence with Europe's strongest logistics infrastructure and proximity to major manufacturing centres.

Why Germany Leads:

  • Infrastructure Excellence: Europe's largest logistics market
  • Industry Integration: Close ties with BMW, Siemens, DHL, DB Schenker
  • Tuition-Free Education: Public universities charge minimal fees
  • Engineering Approach: Strong technical and analytical training
  • Central Location: Gateway to European markets

Top Universities for Logistics:

  1. Technical University of Munich (TUM) - Engineering & Logistics
  2. RWTH Aachen University - Supply Chain Engineering
  3. TU Dortmund - Logistics specialisation
  4. Kühne Logistics University (KLU), Hamburg - Specialised logistics university
  5. University of Duisburg-Essen - Transport and Logistics

Program Highlights:

  • Bachelor's: 3 years, minimal tuition
  • Master's: 2 years, specialised tracks
  • Language: Many English-taught master's programs
  • Industry Projects: Extensive company collaborations

Average Costs:

  • Tuition: €0-€3,000/year (public universities)
  • Living Expenses: €10,000-€12,000/year
  • Total Annual: €10,000-€15,000 ($11,000-$16,500)

Post-Study Work Rights: 18-month job-seeking visa, EU Blue Card pathway

Career Prospects:

  • Starting Salary: €45,000-€55,000
  • Mid-Career: €65,000-€85,000
  • Senior Level: €90,000-€130,000

Industry Connections: Direct access to DHL headquarters (Bonn), major automotive logistics, and manufacturing supply chains

Best For: Students seeking top-tier technical education at minimal cost, interested in manufacturing and automotive supply chains, and willing to learn German for maximum opportunities.

2. Netherlands

The Netherlands combines strategic port access with innovative logistics education and a business-friendly environment. This is the best country to study supply chain management.

Why the Netherlands Excels:

  • Port of Rotterdam: Europe's logistics gateway
  • English Proficiency: Nearly universal English fluency
  • Innovation Focus: Leading in sustainable logistics
  • International Business Hub: Major European distribution centre
  • Quality of Life: Excellent living standards

Top Universities for Logistics:

  1. Erasmus University Rotterdam - Supply Chain Management
  2. Tilburg University - Supply Chain Management
  3. VU Amsterdam - Business Analytics & SCM
  4. University of Groningen - Supply Chain Management
  5. Maastricht University - International Business with SCM

Program Highlights:

  • Strong focus on maritime and port logistics
  • Extensive company visits and internships
  • International student body (80%+ in some programs)
  • Problem-based learning methodology

Average Costs:

  • Tuition (EU): €2,300/year
  • Tuition (Non-EU): €10,000-€18,000/year
  • Living Expenses: €10,000-€13,000/year
  • Total (Non-EU): €20,000-€31,000 ($22,000-$34,000)

Post-Study Work Rights: 1-year orientation visa for job seeking

Career Prospects:

  • Starting Salary: €40,000-€50,000
  • Mid-Career: €60,000-€80,000
  • Senior Level: €85,000-€120,000

Industry Connections: Rotterdam port companies, Maersk, MSC, major e-commerce distribution centres

Best For: Students interested in maritime logistics, port operations, sustainable supply chains, and European careers with the English language.

Best Country to Study Logistics

3. United States

The US offers diverse logistics programs, extensive corporate partnerships, and the world's largest consumer market, providing unmatched career opportunities.

Why the USA Attracts:

  • Market Size: World's largest economy and consumer market
  • Corporate Access: Headquarters of Walmart, Amazon, FedEx, UPS
  • Technology Innovation: Leading in supply chain tech
  • Program Diversity: Hundreds of logistics programs nationwide
  • Research Funding: Extensive academic research opportunities

Top Universities for Logistics:

  1. Massachusetts Institute of Technology (MIT) - Centre for Transportation & Logistics
  2. Michigan State University - Eli Broad College of Supply Chain Management
  3. Pennsylvania State University - Supply Chain Management
  4. Arizona State University - W.P. Carey Supply Chain Management
  5. University of Tennessee - Global Supply Chain Institute
  6. Georgia Tech - H. Milton Stewart School of Industrial & Systems EngineeringThe 
  7. Ohio State University - Fisher College of Supply Chain Management

Program Highlights:

  • Strong quantitative and analytical focus
  • Extensive internship opportunities
  • State-of-the-art simulation labs
  • Executive connections and networking

Average Costs:

  • Undergraduate: $30,000-$60,000/year (varies greatly by state/private)
  • Master's: $40,000-$80,000/year
  • MBA (Supply Chain focus): $60,000-$120,000/year
  • Living Expenses: $15,000-$25,000/year

Post-Study Work Rights:

  • OPT: 12 months standard, 36 months for STEM-designated programs
  • H-1B visa pathway for employment

Career Prospects:

  • Starting Salary: $60,000-$75,000
  • Mid-Career: $90,000-$120,000
  • Senior Level: $130,000-$200,000+

Industry Connections: Direct recruiting from Fortune 500 companies, extensive corporate-sponsored projects

Best For: Students seeking the highest earning potential, technology-focused careers, and connections with global corporations, with significant financial resources.

4. Singapore

Singapore's position as Asia's premier logistics hub, combined with government support for supply chain education, makes it the gateway to Asian markets. If you are wondering which country is best for logistics and supply chain management, this can be your right choice.

Why Singapore Stands Out:

  • Strategic Location: Asia-Pacific logistics crossroads
  • Port Excellence: World's second-busiest container port
  • Government Support: Significant investment in logistics education
  • English Language: Business conducted in English
  • Asian Markets Access: Gateway to China, Southeast Asia, India

Top Universities for Logistics:

  1. National University of Singapore (NUS) - Supply Chain Management
  2. Nanyang Technological University (NTU) - Maritime Studies
  3. Singapore Management University (SMU) - Operations Management
  4. Singapore Institute of Technology (SIT) - Supply Chain & Logistics

Program Highlights:

  • Strong focus on Asian supply chain dynamics
  • Port and maritime logistics specialisations
  • Technology integration (AI, blockchain)
  • Government scholarships available

Average Costs:

  • Tuition: SGD $30,000-$45,000/year (international)
  • Living Expenses: SGD $12,000-$18,000/year
  • Total: SGD $42,000-$63,000 ($31,000-$47,000)

Post-Study Work Rights: Employment Pass for skilled professionals, competitive job market

Career Prospects:

  • Starting Salary: SGD $45,000-$60,000
  • Mid-Career: SGD $70,000-$100,000
  • Senior Level: SGD $110,000-$160,000

Industry Connections: PSA Singapore, Singapore Airlines, the regional headquarters of global logistics firms

Best For: Students targeting Asian-Pacific careers, interested in maritime and aviation logistics, seeking modern infrastructure and a multicultural environment.

5. United Kingdom

The UK combines academic prestige with London's position as a global financial and business centre, offering strong logistics programs with international recognition.

Why UK Appeals:

  • Academic Reputation: Russell Group universities with strong business schools
  • London Hub: Major European business centre
  • Short Duration: One-year master's programs
  • Global Companies: UK operations of major logistics firms
  • International Focus: Strong emphasis on global supply chains

Top Universities for Logistics:

  1. Cranfield University - Logistics & Supply Chain Management (specialist institution)
  2. University of Warwick - Warwick Business School Supply Chain
  3. Cardiff University - Logistics & Operations Management
  4. Heriot-Watt University - Logistics & Supply Chain Management
  5. University of Hull - Logistics & Supply Chain Management

Program Highlights:

  • One-year intensive master's programs
  • Strong consulting company recruitment
  • Research excellence (Cranfield is especially renowned)
  • Industry advisory boards

Average Costs:

  • Tuition: £15,000-£28,000 ($19,000-$35,000)
  • Living Expenses: £12,000-£18,000 ($15,000-$23,000)
  • Total: £27,000-£46,000 ($34,000-$58,000)

Post-Study Work Rights: 2-year Graduate Route visa

Career Prospects:

  • Starting Salary: £30,000-£40,000
  • Mid-Career: £50,000-£70,000
  • Senior Level: £80,000-£120,000

Industry Connections: Amazon UK, Tesco supply chain, DHL, consulting firms (McKinsey, BCG)

Best For: Students wanting a prestigious UK degree in one year, access to European markets, and a strong consulting pathway.

Best Country to Study Logistics

6. Denmark

Denmark leads in sustainable logistics and supply chain innovation, offering specialised programs in green supply chains and the circular economy.

Why Denmark Excels:

  • Sustainability Leader: Pioneer in green logistics
  • Innovation: Strong in supply chain technology
  • Maersk Headquarters: Home to the world's largest shipping company
  • Quality Education: High teaching standards
  • English Programs: Many taught in English

Top Universities for Logistics:

  1. Copenhagen Business School (CBS) - Supply Chain Management
  2. Technical University of Denmark (DTU) - Transport & Logistics
  3. Aalborg University - Global Supply Chain Management

Program Highlights:

  • Focus on sustainable and circular supply chains
  • Close collaboration with Maersk
  • Innovation and technology emphasis
  • Small class sizes, personalised attention

Average Costs:

  • Tuition (EU): Free
  • Tuition (Non-EU): €10,000-€15,000/year
  • Living Expenses: €12,000-€15,000/year
  • Total (Non-EU): €22,000-€30,000 ($24,000-$33,000)

Post-Study Work Rights: 3-year residence permit for job seeking (recent change)

Career Prospects:

  • Starting Salary: DKK 350,000-450,000 (€47,000-€60,000)
  • Mid-Career: DKK 550,000-750,000 (€74,000-€100,000)
  • Senior Level: DKK 850,000+ (€114,000+)

Industry Connections: Maersk, Danish Crown, Carlsberg supply chains

Best For: Students passionate about sustainability, maritime logistics, Nordic lifestyle, and innovative supply chain approaches.

7. Canada

Canada offers quality logistics education with immigration-friendly policies, proximity to US markets, and a growing e-commerce sector. This country offers the best logistics courses in the world.

Why Canada Attracts:

  • Immigration Pathways: Express Entry favours supply chain professionals
  • US Market Access: USMCA trade agreement benefits
  • Affordable Quality: Lower costs than the USA
  • Multicultural: Diverse, welcoming environment
  • Growing Sector: Expanding logistics infrastructure

Top Universities for Logistics:

  1. University of British Columbia (UBC) - Supply Chain Management
  2. York University - Schulich School of Supply Chain Management
  3. University of Toronto - Rotman Supply Chain Management
  4. McGill University - Operations Management
  5. Western University - Ivey Supply Chain Management

Program Highlights:

  • Strong balance of theory and practice
  • Industry co-op programs
  • Access to the US and Canadian markets
  • Growing tech integration

Average Costs:

  • Tuition (International): CAD $25,000-$45,000/year
  • Living Expenses: CAD $15,000-$20,000/year
  • Total: CAD $40,000-$65,000 ($29,000-$48,000)

Post-Study Work Rights: 3-year Post-Graduation Work Permit

Career Prospects:

  • Starting Salary: CAD $55,000-$70,000
  • Mid-Career: CAD $80,000-$110,000
  • Senior Level: CAD $120,000-$170,000

Industry Connections: Amazon Canada, Canadian Tire, major retailers and distributors

Best For: Students seeking an immigration-friendly environment, access to North American markets, and quality education at a moderate cost.

8. Australia

Australia offers quality logistics programs focused on Asia-Pacific trade and mining logistics, with strong employment outcomes.

Why Australia Stands Out:

  • Asia-Pacific Trade: Strategic position for Asian trade routes
  • Mining Logistics: Unique expertise in resource sector supply chains
  • Quality of Life: Excellent living conditions
  • Employment Outcomes: Strong graduate employment rates
  • Practical Focus: Industry-integrated programs

Top Universities for Logistics:

  1. RMIT University - Supply Chain & Logistics Management
  2. University of Sydney - Transport & Logistics Management
  3. Macquarie University - Supply Chain Management
  4. Curtin University - Supply Chain Management
  5. University of Tasmania - Maritime & Logistics Management

Program Highlights:

  • Industry placement requirements
  • Mining and resources logistics specialisation
  • E-commerce and last-mile focus
  • Asian market integration

Average Costs:

  • Tuition: AUD $30,000-$45,000/year
  • Living Expenses: AUD $20,000-$25,000/year
  • Total: AUD $50,000-$70,000 ($33,000-$46,000)

Post-Study Work Rights: 2-4 years Temporary Graduate visa

Career Prospects:

  • Starting Salary: AUD $60,000-$75,000
  • Mid-Career: AUD $90,000-$120,000
  • Senior Level: AUD $130,000-$180,000

Industry Connections: Major mining companies, Australia Post, Toll Group

Best For: Students interested in mining logistics, Asia-Pacific trade, and an excellent lifestyle with strong employment outcomes.

9. United Arab Emirates

UAE, particularly Dubai, serves as the Middle East's logistics hub with rapid infrastructure development and tax-free income. One can consider this the best place to study logistics and supply chain management.

Why the UAE Attracts:

  • Strategic Location: Bridge between East and West
  • Free Zones: Business-friendly environment
  • Infrastructure Investment: Massive logistics development
  • Tax-Free Income: No personal income tax
  • Growing Market: Expanding e-commerce and logistics sector

Top Universities for Logistics:

  1. American University of Sharjah - Supply Chain Management
  2. UAE University - Supply Chain & Logistics
  3. Rochester Institute of Technology Dubai - Service Leadership & Innovation
  4. Heriot-Watt University Dubai - Logistics & Supply Chain Management

Program Highlights:

  • Focus on the Middle East and Africa markets
  • Aviation and maritime logistics
  • E-commerce boom opportunities
  • Multicultural environment

Average Costs:

  • Tuition: AED 60,000-90,000 ($16,000-$24,000)/year
  • Living Expenses: AED 45,000-60,000 ($12,000-$16,000)/year
  • Total: AED 105,000-150,000 ($28,000-$40,000)

Post-Study Work Rights: Graduate visa scheme introduced, employment visa through sponsorship

Career Prospects:

  • Starting Salary: AED 120,000-180,000 ($32,000-$49,000) tax-free
  • Mid-Career: AED 240,000-360,000 ($65,000-$98,000) tax-free
  • Senior Level: AED 420,000-720,000 ($114,000-$196,000) tax-free

Industry Connections: Emirates SkyCargo, DP World, Aramex, numerous free zone logistics companies

Best For: Students targeting Middle East careers, interested in aviation/maritime logistics, seeking tax-free income and a unique cultural experience.

Best Country to Study Logistics

10. China (including Hong Kong)

China's position as the world's manufacturing centre and Hong Kong's role as a logistics hub provide unparalleled exposure to global supply chains.

Why China Matters:

  • Manufacturing Hub: World's factory floor
  • E-commerce Giant: Alibaba, JD.com, supply chain innovation
  • Belt and Road Initiative: Massive infrastructure projects
  • Hong Kong Hub: International logistics gateway
  • Government Support: Significant logistics sector investment

Top Universities for Logistics: Mainland China:

  1. Shanghai Jiao Tong University - Logistics Management
  2. Tsinghua University - Industrial Engineering & Logistics
  3. Beijing Jiaotong University - Transport & Logistics

Hong Kong:

  1. Hong Kong Polytechnic University - Logistics & Maritime Management
  2. Hong Kong University of Science & Technology - Logistics Management
  3. Chinese University of Hong Kong - E-commerce & Logistics

Program Highlights:

  • Exposure to the world's largest manufacturing base
  • E-commerce supply chain innovation
  • Government scholarships available
  • Growing English-taught programs

Average Costs: Mainland China:

  • Tuition: CNY 30,000-80,000 ($4,200-$11,200)/year
  • Living Expenses: CNY 30,000-60,000 ($4,200-$8,400)/year
  • Total: CNY 60,000-140,000 ($8,400-$19,600)

Hong Kong:

  • Tuition: HKD 120,000-180,000 ($15,400-$23,000)/year
  • Living Expenses: HKD 80,000-120,000 ($10,300-$15,400)/year
  • Total: HKD 200,000-300,000 ($25,700-$38,500)

Post-Study Work Rights:

  • Mainland: Work permit through employment
  • Hong Kong: 1-year IANG (Immigration Arrangements for Non-local Graduates)

Career Prospects: Mainland China:

  • Starting: CNY 150,000-250,000 ($21,000-$35,000)
  • Mid-Career: CNY 300,000-600,000 ($42,000-$84,000)
  • Senior: CNY 800,000+ ($112,000+)

Hong Kong:

  • Starting: HKD 300,000-400,000 ($38,500-$51,300)
  • Mid-Career: HKD 600,000-900,000 ($77,000-$115,400)
  • Senior: HKD 1,200,000+ ($154,000+)

Industry Connections: Alibaba, JD Logistics, Huawei supply chain, Hong Kong port operators

Best For: Students seeking exposure to manufacturing supply chains, e-commerce logistics, Chinese language skills, and an Asian market career.

Which Course is Best for Logistics?

Level

Program

Undergraduate

BBA / B.Sc. / B. Com in Logistics or Supply Chain Management, B.Eng. in Industrial Engineering (Supply Chain focus)

Postgraduate

M.Sc. or MBA in Supply Chain Management, M.Eng. in Logistics, Specialised Master's (Maritime, Aviation, E-commerce Logistics)

Certifications

CSCP, CPIM (by APICS), Six Sigma (Green/Black Belt), PMP (Project Management Professional)

Recommendation: For career flexibility, pursue a master's degree in supply chain management, which provides both strategic oversight and operational expertise. MBA with supply chain focus opens leadership pathways, while specialised M.Sc. programs offer deep technical expertise.

Is Logistics Hard to Study?

Best Country to Study Logistics

Logistics is moderately challenging but highly accessible compared to many specialised fields:

What Makes It Manageable:

  • Practical, real-world applications make concepts tangible
  • Less abstract than pure engineering or computer science
  • Case studies and simulations aid learning
  • A strong job market provides motivation
  • Diverse entry points (business, engineering, operations backgrounds)

What Requires Effort:

  • Quantitative analysis and optimisation models
  • Understanding multiple business functions simultaneously
  • Learning specialised software systems
  • Keeping pace with rapid technological changes
  • Grasping international regulations and compliance

Verdict: Logistics is challenging enough to be intellectually stimulating and command good salaries, but not so difficult that only top academic performers succeed. If you're comfortable with moderate mathematics, enjoy problem-solving, and think systemically, you'll find logistics very manageable.

Best Country for Logistics Jobs: Employment Perspective

Country

Key Benefits

USA

28% job growth, top salaries ($60K–$200K+), 3-year OPT for STEM grads

Germany

Europe's logistics hub, talent shortage, EU job access, and clear career progression

Singapore

Asian HQ for global firms, low taxes, fast promotions, strong govt. support

Netherlands

E-commerce hub, port access, great work-life balance, English-friendly

UAE

Rapid logistics growth, tax-free income, career mobility, and access to MENA markets

Most Asked Questions About Studying Logistics and Supply Chain Management Abroad

Question

 Answer

1. Which country is best for logistics and supply chain?

Germany (affordable), USA (high salaries), Singapore (Asia hub), Netherlands (ports, balance), Canada (PR options)

2. Top logistics courses globally?

MIT (USA), KLU (Germany), Cranfield (UK), Erasmus (Netherlands), NUS (Singapore)

3. Best country by career goal?

Leadership: USA, UK

Tech roles: Germany, Singapore

Consulting: USA, Germany

Startups: USA, Netherlands

4. Are there online/executive programs?

Yes – MIT MicroMasters, Penn State Online, Rutgers Exec Master's, Warwick Exec MSc

5. Best business schools with a logistics focus?

MIT, Harvard, Cranfield, Rotterdam, NUS, Mannheim

Logistics & Supply Chain – Admission Essentials(Mater’s)

Best Country to Study Logistics

Category

Key Requirements

Education

Bachelor's in business, engineering, or related fields

GPA

Minimum 3.0 / 4.0 (varies)

Tests

GMAT (600+) or GRE (310+) – mainly for top programs
TOEFL (90+) or IELTS (6.5+)

Work Experience

Not required for MSc; 3–5 years for MBA (preferred)

Documents

SOP, Resume, 2–3 LORs, Transcripts, Application Fee

Scholarships and Funding Opportunities

Country

Top Scholarships

Germany

• DAAD Scholarships

• Deutschland Stipendium

• University-specific funding

Netherlands

• Holland Scholarship (€5,000)

• Orange Knowledge Programme

• Excellence scholarships

Singapore

• SINGA (PhD)

• NUS/NTU scholarships

• SkillsFuture (for citizens/PRs)

USA

• Fulbright Program

• University assistantships

• Private foundation grants

UK

• Chevening Scholarship

• Commonwealth Scholarship

• University awards

Canada

• Ontario Graduate Scholarship

• Research/Teaching assistantships

• University grants

Australia

• Australia Awards

• Research Training Program

• University scholarships

Conclusion: Charting Your Logistics Career Path

Best Country to Study Logistics

Choosing where to study logistics is choosing where to position yourself in the global flow of commerce. This decision extends beyond classroom learning; it's about immersing yourself in logistics ecosystems, building networks with industry leaders, understanding regional trade dynamics, and gaining the technical and strategic skills that make supply chains work. This guide helps you choose the best country to study logistics.

Frequently Asked Questions

Germany (tuition-free, strong industry links), USA (high salaries), Netherlands (port logistics), Singapore (Asia hub), UK (1-year master’s).

Moderately. Combines business, tech, and analytics. Practical learning makes it manageable for most students.

Logistics = transport & storage.
Supply Chain = full flow from sourcing to delivery. Logistics is a part of SCM.

M.Sc. in Supply Chain (technical roles), MBA in SCM (management). Add CSCP, CPIM, and Six Sigma for a career boost.

About the Author

Swati
Swati Agarwal
Swati Agarwal

As an MBA in Marketing and a passionate content writer, Swati creates engaging, student-focused content that addresses real questions and clears doubts about studying abroad. Having worked with an EdTech company, she has hands-on experience in helping students navigate exams, applications, and overseas education requirements. At EduVouchers, Swati combines her marketing expertise with her knack for simplifying complex topics, crafting well-researched blogs that guide students on exams, admissions, scholarships, and study-abroad planning with clarity and confidence.

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