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Logistics UK 2024 report covers industry challenges, optimism levels, and government priorities.

Survey results show mixed optimism levels across the logistics industry

The report states that in 2023, the UK logistics sector generated £1.3 trillion in revenues, a substantial 25.8% increase from the previous year. Logistics UK stresses that this growth underscores the sector’s critical role in the UK economy, contributing £185 billion in value, approximately 12% of the total non-financial economy.

Additionally, Logistics UK says that there have been moderate improvements when it comes to trading with the EU and recruiting skilled personnel. Another positive is that warehouse capacity has increased by 4.3%, highlighting the sector’s continual expansion and its preparedness for future growth.

Read the full article here.

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