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Barclays and BDO, in conjunction with Analytiqa, have produced the latest in a series of surveys to assess confidence and expectations in the UK logistics sector.
More than 100 senior decision-makers within the logistics sector provided their views and insights for the 2019 Logistics Confidence Index.
The overall Confidence Index has fallen from 52.6 in 2018, to 49.7 this year – a continuation of the downward trend we have seen in recent years. However, this is the first time our Index has fallen below the 50 mark, indicating that, overall, the sector is now more pessimistic than optimistic about the state of the market.
Despite this, logistics is a strong and resilient sector and remains vital to the UK economy – total revenue for our 100+ survey respondents is £17.2 billion – and more than half of respondents say they still expect to increase profits over the next 12 months.
To view the full findings and to receive your complimentary copy of the latest report, please click here.