Post-Covid global express market set to surpass €500bn by 2024, growing at a CAGR of 7.5% from 2020-2024
The global express & small parcels market will reach a total value of €501.2bn in 2024, according to new Ti forecast for the post-Covid market.
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The global express & small parcels market will reach a total value of €501.2bn in 2024, according to new Ti forecast for the post-Covid market.
As some express providers hire more staff and make investments, a Ti poll shows the boom isn’t the case across the whole logistics industry.
Ti and Upply’s European Road Freight Rate Benchmark Q3 2020 shows that rates have increased alongside the recovery in Europe’s economic activity.
New market forecasts from Transport Intelligence show that the global express & small parcels market will expand by 7.2% in 2020, largely driven by strong demand from online retail.
The automotive sector is in profound crisis, both cyclical and secular and the specialised logistics companies that serve the sector have been having a challenging year too. New research from Transport Intelligence reveals the global automotive logistics market will contract by 20.4%.
The global contract logistics market will not escape the deep impact of Covid-19 and is set to contract 4.5% in 2020, according to new research by Ti.
Ti’s latest market projections for 2020 show that the market will contract by 10.2% year-on-year, the worst fall since the financial crisis.
The disruption of COVID-19 has led to a sharp contraction in the logistics market in 2020 but surveys suggest that shippers plan to outsource more logistics operations after COVID-19, offering hope of growth to LSPs.
Ti and Upply’s European Road Freight Rate Benchmark Q2 2020 shows that road freight rates have fallen to their lowest level in two years amidst the COVID-19 pandemic.
New data from Ti reveals most logistics and supply chain executives do not expect volumes to return to normal levels before 2021 at the earliest
New report from Ti, Global Freight Forwarding 2020, highlights the challenges forwarders face in 2020, not least as the market entered the pandemic already on the defensive.
Two of Europe’s leading digital road freight platforms are joining forces with ambitions to become one of the region’s largest road freight players by 2024. Ti spoke with sennder’s David Nothacker and Everoad’s Max Lagardez to understand the tie-up and plans for the new entity.