3rd Quarter 2023

Transportation & Logistics Market Update

Transportation And Logistics
Capital Advisors

  • The logistics and transportation industry in the United States is highly competitive, with companies in this industry benefitting from a highly skilled
    workforce and relatively low costs.
  • Digital freight platforms that allow truckers and shippers to complete key steps of transactions online are expected to grow at a faster rate in the future.
  • Trends, such as the steady decline in spot rates, a decline in diesel and shipping rates, and an increase in the number of supply chain companies exploring the adoption of artificial intelligence (“AI”) and machine learning (“ML”), were also prominent within the sector.

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