The report below gives a good overview of the Fall 2021 M&A activity in the Transport, Logistics and Supply Chain Industry Sector. The global retail logistics market size was valued at $205.4 billion in 2020 and is projected to grow at a CAGR of 11.8% during the forecast period 2021 to 2028, as per research published by Grand View Research, Inc. The e-commerce retail logistics segment is expected to grow at a CAGR of 12.5% from 2021 to 2028 as per the same research. The increase in global trade activities, particularly in emerging economies, is driving up the demand for retail logistics. The COVID-19 pandemic has also accelerated the digital transformation of the supply chain companies to adopt automation, AI, and the IoT. However, the capacity constraints of the logistics industry, which has been prevalent from the start of the pandemic, are expected to persist over the next few months. In addition to that, the inflationary rate environment is expected to continue in the U.S. trucking industry for the rest of 2021, due to high freight volumes coupled with suppressed truckload capacity, as per research published by truckload carrier U.S. Xpress Enterprises. Truckload capacity will continue to be impacted by driver shortages as drivers have been kept off the road by additional stimulus checks and unemployment benefits.
Posted by Peter Heydenrych.
Read the Entire Fall 2021 Transport, Logistics and Supply Chain Report Here
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Title: Fall 2021 | M&A Report In The Transport, Logistics and Supply Chain Industry Sector
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Published Date: Wed, 17 Nov 2021 23:43:42 +0000