Weak demand and slimmer retail margins eat into airfreight spend
Concerns over excess inventories at retailers are misplaced: the real issue is weak demand and ...
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By Alex Lennane
Major contract logistics providers could see their turnover suffer, thanks to a failure to react fast enough to the changing retail environment.
A new report by Transport Intelligence reveals that the growth of e-commerce and changes to fulfillment are likely to hit the bottom lines of key logistics companies, while many smaller companies have positioned themselves better.
“The problem is that the changes are happening so fast that it is hard to detect,” said Thomas Cullen, analyst for Transport Intelligence.
“Although expenditure is ...
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