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Analysis * Europe - New report identifies best and worst performing logistics industry sectors
The European automotive and chemical logistics sectors have been hit hardest by the present economic downturn and will not recover to pre-recession levels before 2012
London,UK -Transport Intelligence -30 Sep 2009: ... According to figures published today in the latest report by Transport Intelligence, European Vertical Sector Logistics 2009. However it has not been all bad news for the contract logistics industry and the report identifies those sectors set to outperform the rest of the market. The pharmaceutical logistics sector will be the industry's star performer, showing consistent growth throughout the period and achieving a Compound Annual Growth Rate (CAGR) of 2.4%. Even this rate is much lower than that experienced in the past five years when the sector achieved an annual growth rate of 7.8%, based on strong underlying volume growth and out-sourcing... Other sectors which have performed robustly in these difficult economic times include the consumer and retail sectors. In particular sales of FMCG products and groceries have held up – consumers are still buying the essentials... (Photo from roadtransport: Scania trucks in Russia)
posted by Unknown @ 11:31 AM
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