2024 review: Are we in the early stage of an improving logistics demand cycle?
With the IMF forecasting global GDP growth of 3.2% in 2024, global merchandise trade volumes are projected to also rebound, reaching a growth rate of approximately 2.3%. This marks a significant improvement from the 1.1% decline in 2023. The uptick in trade volume has directly translated to increased demand for logistics services, with global sea and air …
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