Logistics is the limit to your fleet size. Every ship requires logistics points, increasing with ship size. There are techs and racial traits which increase your fleet logistics limit, and there is the hyperion logistics building which can further increase all fleet logistics (from its adj bonuses) and reduce the logistics cost of each ship built there by 1.
Its quite an important concept to the game, and with the current AI deficiencies in fleet combining, high logistics fleets will do quite well against the AI.