Transportation & Logistics Industry Update 4Q23 Executive Summary
-
February 14, 2024
Downloads
Download Report
-
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).
The views expressed herein are those of the author(s) and not necessarily the views of FTI Consulting, Inc., its management, its subsidiaries, its affiliates, or its other professionals.
Related Insights
Related Information
Published
February 14, 2024
Key Contacts
Senior Managing Director, Co-Leader of U.S. Business Transformation
