Transportation & Logistics Industry Update 2Q23

The Transportation and Logistics industry in 2Q23 saw the continued impact of ongoing inflation, an increase in the exploration of artificial intelligence (“AI”)/machine learning (”ML”) and digital twins in supply chain management, a tentative labor agreement at U.S. West Coast ports, and a notable emphasis on fostering partnerships and collaborations in environmental, social and governance (“ESG”) initiatives. Trends such as the rise in logistics rent, falling freight rates and more supply chain companies exploring technology adoption, were also prominent within the sector during this quarter. Read the 2Q23 industry update Executive Summary for a snapshot of the sector, key macro and technological trends of the last quarter - or for a deeper look, contact our experts to get the detailed 2Q23 report.

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