UK: Logistics market experiencing period of high velocity change
The logistics market is experiencing a period of high velocity change. Advances in IT, global procurement, increased outsourcing, European harmonization and changes to the supply chain are all influencing the shape of the industry. Logistics providers are being asked by a growing number of clients to provide a pan-regional solution. This trend has contributed to large-scale acquisitions and increased consolidation. US companies targeting Europe with non-asset based freight management programs, postal organizations acquiring logistics companies and parcel delivery operators strengthening their contract logistics operations.
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