Reality check: driving forwards in a realigning marketMore
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This year’s index score of 47.3 – down from 50.4 in 2022 – is the second lowest ever and only just above the result for the year of the first Covid lockdowns in 2020. This suggests a dose of realism among logistics leaders after the economic turmoil of the last year and with the normalisation of supply chain capacity.
Despite this, operators are still reporting opportunities for growth, such as greater collaboration with clients and other providers in the sector, and those with asset-light business models are more optimistic.
Extracts from the report...
Barclays is proud to be the chosen corporate banking partner of more than half of the top 50 transport and logistics companies in the UK. Barclays has long-standing experience of the complexity and competitiveness of this sector and the financing solutions needed to grow within it.
BDO has industry expertise across shipping, rail and road, aviation and logistics, advising clients in every area of the industry. This includes ship owners and operators, ports and port agents, hauliers, contract logistics and 3PLs, through to air, rail and bus passenger transport companies, as well as the businesses that support them such as technology and automation providers.