Now in its third year of publication, this sectorial study was undertaken in conjunction with FTAI and specialist research agency Analytiqa. More than 50 senior decision makers from across the logistics and shipping sectors in Ireland participated in this years survey.
Respondents included CEOs, Managing Directors and senior management of some of the largest logistics providers, firms and buyers in the State.
In brief some of the key findings of this year’s survey include:
- An overall confidence score of 63.3 - up from 60.4 in 2017, but still below the 72.7 figure reported in 2016, demonstrating the extent to which issues such as Brexit are exercising minds in this sector of the economy.
- 10% uplift in those 'likely' to 'very likely' to increase Capex spend over the next 12 months.
- 85% expect turnover to increase over the next year, a 5% improvement y-o-y while 60% expect increased profitability - up from 57% in 2017
- 82% reported growth in Ecommerce activity of up to 5% over the last 12 months. With 49% of activity originating from the island of Ireland, 20% from the UK and the remaining share of activity segmented quite evenly between the EU (16%) and the rest of the World (15%).