Logistics survey provides glimmer of hope

The results of Transport Intelligence’s latest Global Logistics Business Confidence Index show a significant return of optimism to the market. Although the index weakened slightly in April from +1.05 to -4.43, there was far more positive sentiment about the future. Overall the index assessing confidence in the state of the market in twelve months time […]


glimmer of hope Logistics survey positive sentiment Transport Intelligence


The results of Transport Intelligence’s latest Global Logistics Business Confidence Index show a significant return of optimism to the market. Although the index weakened slightly in April from +1.05 to -4.43, there was far more positive sentiment about the future. Overall the index assessing confidence in the state of the market in twelve months time moved from a score of -26 in February to +4 in April. This contrasts strongly with the results in February and March when respondents expressed overwhelmingly negative expectations of the future, the reports authors said. “The rebound in confidence over the past month has been significant,” according to chief executive of Transport Intelligence, John Manners-Bell. “However, although industry executives are feeling more confident about the future, present market conditions continue to weaken, albeit slightly. It is too early to call an upturn, but similarly we should not be blind to the positive sentiment our Index reveals,” he added.