Marine Link
Thursday, December 8, 2016

Transportation & Logistics CEOs More Optimistic: New Report

March 4, 2014

Brian Molefe CEO Transnet: Video still photo

Brian Molefe CEO Transnet: Video still photo

According to a recent report from PwC, transportation & logistics, CEOs are more optimistic this year compared to last despite having some big worries, like transport infrastructure readiness. They’re currently focusing on developing a strong workforce, where they need it, but talent strategies will need to keep up and they’re improving their environmental footprint too.

PwC recently released the transportation & logistics sector findings from the 17th Annual Global CEO Survey. Topline findings include:

  • High or volatile energy costs remain a concern for 76% of respondents and transport infrastructure is a key area of concern for 56%
  • T&L CEOs overwhelmingly agree they’ll need to change their talent strategies to cope with future trends like demographic changes and urbanization but just 19% are already doing so
  • Executives are targeting new growth markets in Central & Eastern Europe, Latin America and Africa for M&A activity
  • Nearly all T&L CEOs (88%) agree or agree strongly that it’s important for their company to try and reduce their environmental footprintSource: PwC

Nevertheless, transportation & logistics CEOs remain cautious: over the past several years, transportation & logistics CEOs have consistently been less optimistic about future revenue growth than their peers across the overall sample. That’s true this year too. But they see the economy coming back on track. Confidence is still notably up compared to last year. And sector CEOs' dim view of the global economy has gotten better, with 45% believing it will improve.

 

Source: PwC



 
Maritime Reporter Magazine Cover Nov 2016 - Workboat Edition

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News