- Transportation & Logistics Industry Update 4Q23 Executive Summary
Transportation & Logistics Industry Update 4Q23 Executive Summary
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février 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
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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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Date
février 14, 2024
Contacts
Senior Managing Director
Senior Managing Director
Senior Managing Director