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Logistics Industry Sees Global Recovery Out of Reach for 2021

Logistics Business Magazine

Supply chain industry executives do not foresee a global economic recovery until 2022 or beyond, despite an expectation that Asia, North America and Europe will rebound this year from the downturn triggered by the COVID-19 pandemic. Of 1,200 industry professionals surveyed for the 2021 Agility Emerging Markets Logistics Index, 51.5%

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Logistics Industry Expects Global Slowdown in 2020, Says Survey

Logistics Business Magazine

Sixty-four percent of industry professionals surveyed for the 2020 Agility Emerging Markets Logistics Index say a recession is likely in the next 12 months. At the same time, most logistics executives say their companies will ride out any turbulence in trade relations between the world’s two largest economies.

Survey 36
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Gefco Launches Freight Forwarding Digital Solution

Logistics Business Magazine

Automotive logistics specialist GEFCO Group has launched GEFCO VISIBILITY, where users can manage all freight forwarding shipments from booking to invoicing. It was developed with WiseTech Global, a global developer of cloud-based software solutions for the international and domestic logistics industries.

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UK Freight Forwarder Expands with Santander Funding Package

Logistics Business Magazine

TPS Global Logistics, an award-winning Aylesford (UK)-based freight forwarding and logistics service provider, is moving into new, larger premises and hiring 20 new permanent members of staff. TPS Global Logistics (team pictured above) has seen over 600% revenue growth in the last five years and staff numbers have grown from 16 to 42.

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Emerging Markets Enthusiasm Tempered by ‘Crisis’ Concern

Logistics Business Magazine

The logistics industry sees emerging markets growing at a healthy 5% pace in 2019, but a surprising percentage of executives are bracing for a crisis amid U.S.-China In Agility’s annual survey of more than 500 supply chain industry professionals, 55.7% say a growth rate of 5% for developing economies is “about right.”

Survey 31
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[Infographic] How did Reshoring and 3rd Party Logistics Operations fare in 2016?

GlobalTranz

Third-party logistics operations (3PLs) saw additional gains and enhancements throughout 2016, as predicted earlier in the year. Reshoring was set to become a major trend as well, but at the close of the year, actual reshoring and nearshoring efforts did not surpass most logistics trends. Logistics Operations.