article thumbnail

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%

article thumbnail

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. The Index is a broad gauge of countries’ competitiveness based on their international and domestic logistics strengths and business fundamentals.

Survey 36
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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.

article thumbnail

UK Freight Forwarder Expands with Santander Funding Package

Logistics Business Magazine

Established in 2003, TPS Global Logistics offers a door-to-door delivery solution for a number of specialist industries including beauty, cosmetics, retail, e-commerce, IT and telecoms. TPS Global Logistics covers the UK and Europe, as well as a worldwide service, with a recently opened office in the USA and a global network of agents.

article thumbnail

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% E-commerce is fueling logistics opportunities in emerging markets.

Survey 31
article thumbnail

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

GlobalTranz

There was a time when working with competitors was tantamount to industrial espionage. According to Jeff Berman of Logistics Management magazine, 91 percent of shippers saw positive results, ranging from increased revenue to lower overhead, following the implementation of business partnerships and collaborative efforts.