Logistics cycle has ‘turned’ but no return to pre-slump levels
NEW research suggests that global logistics volumes are recovering and that the recessionary cycle has “turned”, although a HSBC report cautions against hopes of “a swift return” to the strong flows and earnings growth prior to the slump.
HSBC Global Research expects seafreight container volumes and parcel volumes to grow by 4% this year, and airfreight by 6%.
The predictions are contained in the report looking at global supply chain demand for freight, parcels and logistics. The...
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