Transportation & Logistics Industry Update 3Q23
The transportation and logistics industry saw container shipping freight rates fall in 3Q23 toward levels that resembled those of 2019, while artificial intelligence/machine learning (AI/ML) technologies continued to offer increased visibility into supply chains and the last-mile delivery sector continues to revolutionize as the robust growth of e-commerce remains steady. Trends such as market consolidation and a surge in logistics rents were also prominent in the industry during the quarter.

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