Reality check: driving forwards in a realigning marketConfidence Indexes
Download the 2022 report: UK Logistics Confidence Index 2022
Contact us to access copies from previous years
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 logistic 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.
According to our research, three quarters of operators (75%) feel business conditions are more difficult now than a year ago, but there are signs logistics leaders are a little more upbeat about the year ahead.
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.