Survey unveils logistics downturn

News Story
- 23 Mar 2023 ( #1120 ) - Munich, Germany
1 min read
More than 2,500 exhibitors have completed the Trend Index survey
More than 2,500 exhibitors have completed the Trend Index survey

More than 2,500 exhibitors participating in an upcoming trade exhibition in Munich, Germany, have had their say about the state of the logistics industry.

Service providers, shippers and suppliers have expressed their views in an online survey for Transport Logistic’s Trend Index to be held in May.

What unites them all is the shortage of skilled labour and drivers in a market environment shaped by inflation.

One in two exhibitors considers the sector to be more important than ever.

While some are pessimistic about the future, the majority of respondents believe the industry is in a robust position.

However, one in three expect to see a downturn, with two-thirds of the respondents preparing for a possible recession.

Around three-quarters anticipate further disruptions within the supply chain.

While smaller companies have been hit hard by inflation and costs, larger players are challenged by the shortage of energy and raw materials as well as disruption in the logistics value chain.

Across all industries and company sizes, every second respondent is affected by staff shortages, with service providers (38.2%) more challenged than shippers (28.4%).

More than 40% of the respondents don’t consider the logistics industry as an appealing workforce.

Rising inflation (29%) and growing price and competitive pressure (28%) are putting a strain on more than one in four companies – the biggest challenge for two-thirds of small and medium-sized companies. 

Larger companies are concerned about raw materials and energy (31%) and disrupted supply chains (26%).

 

Also Read:
Pay still crucial – survey
Pay still crucial – survey 23 Aug 2018 - Atlanta, GA, United States - 2 min read
E-commerce drives logistics – CSCMP
E-commerce drives logistics – CSCMP 16 Aug 2018 - Lombard, IL, United States - 1 min read
UK market faces uncertainty
UK market faces uncertainty 26 Oct 2017 - London, United Kingdom - 2 min read
Previously about:
Events update News Story - 13 May 2021 - 3 min read
Events updates News Story - 21 Jan 2021 - 3 min read
Events updates News Story - 5 Nov 2020 - 2 min read
Do you have materials handling news? Submit your news here
Inside The News
You might notice a few changes in your newsletter and on our website. That’s because we updated the format last week to make it even easier to read – and to... Continue reading

SNDC, manufacturer of electric air conditioning systems, will exhibit at TOC Rotterdam (13-15 June, Booth G.60) and Inter Airport Munich (10-13 October).
We are pleased to introduce our new range of electric air conditioners, especially with heat pump technology, and refrigerant service stations for reefer containers.
SNDC is well known for their innovative solutions, don’t hesitate to visit us at these trade shows dedicated to Terminal Handling.

Visit sndc.net.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Bringing together 15,000+ attendees from across the advanced battery supply chain. Join us for 3 full days of  learning, networking, & sourcing the latest solutions from 775+ top suppliers.

Get a closer look at the latest technologies & products. 
Access educational sessions provided by suppliers. 
Learn from 200+ speakers & solve industry challenges. 

DON'T MISS OUT - Register now! 

PREMIUM business

Flexi Narrow Aisle Ltd
Leading manufacturers of very narrow aisle (VNA) equipment.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

PREMIUM business

Combilift Ltd
Manufactures world class 4-way Handling Solutions

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

SNDC, manufacturer of electric air conditioning systems, will exhibit at TOC Rotterdam (13-15 June, Booth G.60) and Inter Airport Munich (10-13 October).
We are pleased to introduce our new range of electric air conditioners, especially with heat pump technology, and refrigerant service stations for reefer containers.
SNDC is well known for their innovative solutions, don’t hesitate to visit us at these trade shows dedicated to Terminal Handling.

Visit sndc.net.