The global contract logistics market grew by 3.4 percent in 2012 to €159.35bn ($213bn), according to Transport Intelligence's Global Contract Logistics 2013 report. However, this figure hides an increasing divergence in the performance of regional markets, with growth in emerging markets much higher than those in Europe or North America.
A report by Transport Intelligence entitled Global Transport and Logistics Financial Analysis 2013 reveals the winners and losers in the global logistics industry over what has been a tempestuous six-year period.
The Stifel Logistics Confidence Index continued its downward trend in May as it fell for the second consecutive month. Compiled by Transport Intelligence, the overall index, which combines the current situation with future expectations, was down 0.8 points from April to 50.7 in May and was 1.3 points lower compared with the same month in 2012. Yet, even with deteriorating confidence, the Logistics Confidence Index registered above the 50 threshold, indicating growth, for the fourth consecutive month. An index value of 50 indicates no change in the volumes currently being experienced for the time of year; above 50 indicates higher volumes, while below 50 indicates lower volumes.