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 * / Transportation & Logistics Industry Update 4Q23 Executive Summary


TRANSPORTATION & LOGISTICS INDUSTRY UPDATE 4Q23 EXECUTIVE SUMMARY



 * February 14, 2024
   
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In the fourth quarter of 2023 geopolitical instability in the Middle East caused
shipment delays for the transportation and logistics industry, while M&A volume
was depressed due to macroeconomic factors and cautious credit markets.
Generative artificial intelligence (“GenAI”) continues to play a pivotal role
within the sector, and there is a growing emphasis on ESG frameworks as well,
showcasing an important shift in the sector towards sustainability and
environmental responsibility.

By 2025, moderating cost pressures should result in a gradual easing of consumer
price inflation towards central bank targets for most economies.1 In OECD
countries, the expected trend is for consumer price inflation to decrease from
7.0% in 2023 to 5.2% in 2024 and further to 3.8% in 2025.2

The growth of the global economy continues to rely significantly on rapidly
expanding Asian economies, primarily India, China and Indonesia.3

Click here to download the full report

Footnotes:

1: “Economic outlook: A mild slowdown in 2024 and slightly improved growth in
2025,” OECD (November 2023).

2: Ibid.

3: “Restoring Growth: OECD Economic Outlook,” OECD (November 2023).


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PUBLISHED

February 14, 2024


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Rick Jordon

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Ron Scalzo

Senior Managing Director

Adam Terry

Senior Managing Director


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