Introduction:

In the dynamic world of transportation, the sector is experiencing a rollercoaster ride with both highs and lows. From the sustained momentum in air transport in Asia to the significant setbacks caused by the unrest in Ukraine and the Middle East, the industry is at a crossroads.

This whitepaper delves into the nuanced landscape of the transport and logistics industry, highlighting key trends, risks, and strategies for making informed business decisions in the year ahead.

Projections from the WTO indicate a modest growth of 0.8% in world merchandise trade volume for 2023 with a subsequent uptick to 3.3% in 2024. This trajectory is anticipated despite stable GDP growth rates.

In this evolving landscape, Coface stands as a strategic ally, offering expertise in risk management and economic insights. Coface is a global leader in risk management with +75 years of experience, with 50,000 clients over 100 countries. With +700 credit analysts and underwriters and renowned macro and micro-economic expertise.

With Business Information, Coface provides you with analysis, allowing you to monitor developments across your entire business network. This includes tools like URBA 360, an interactive information tool loaded with unique insights, helping your business manage trade risks from one centralized place.

Topics covered in this whitepaper:

General World Trade Trends

Impact on the Transport and Logistics Industry

Identifying Risks to Businesses

Strategies for Confident Business
Partner Decisions