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GXO’s tabled £960m ($1.2bn) takeover of UK contract logistics operator Wincanton was thrown into doubt ...
The global contract logistics market reported positive trends last year, and is expected to continue this upward trajectory, according to Transport Intelligence (Ti) – but challenging external conditions could pose a threat to growth.
A recent Ti report found the global contract logistics market grew by 3.5% in real terms in 2023, up from 2022’s 3% growth, which Ti said signalled a return to “a more normalised, pre-pandemic state of demand growth”.
Real-term growth shows underlying demand and activity, stripping out ...
Comment on this article
Navin Yadav
June 06, 2024 at 2:03 pmThe growth of the global contract logistics market is promising, driven by the robust expansion of e-commerce. However, potential threats like high inflation and geopolitical conflicts could disrupt this upward trend. Companies must adapt strategically to maintain resilience amidst these challenges, as highlighted by Ti’s report.
Thanks,
Piyovi Shipping Software Solutions