Logistics

November punctured optimism of German logistics firms

Positive expectations in the logistics industry in October were dashed in November as the market weakened and costs rose, according to the German Logistics Barometer.
Just 7% of German logistics firms described the current market as "good." | Photo: Axel Heimken/AP/Ritzau Scanpix
Just 7% of German logistics firms described the current market as "good." | Photo: Axel Heimken/AP/Ritzau Scanpix
by JENS THOMSEN

Cautious optimism in the German logistics industry was replaced in November last year by a decline in logistics companies’ confidence in the future, according to the SCI Logistics Barometer survey by the consultancy SCI/Verkehr.

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