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.
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