In 2024, the global logistics market continued its expansion, driven by e-commerce growth and service diversification among other factors; however, the market continued to face challenges such as inflation, worker shortages and sustainability pressures. The transportation and logistics industry suffered severe disruptions specifically from labor strikes and geopolitical instability, while advancing digital transformation, nearshoring and workforce diversity amidst fluctuating M&A activity. The 4Q24 edition of FTI Consulting’s Transportation & Logistics Update explores these drivers of market growth and trend impacts of the past year while taking a closer look at the fuel, shipper, warehousing and labor trends and challenges of the last quarter.
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