New Challenges Seen for Reducing Risk in Freight and Logistics Sectors

Milton Keynes, UK — February 24, 2010 — This new year of change and challenge calls for international freight and logistics companies to carefully evaluate lessons learned from the global recession and address future business sustainability to avoid future operating risks, says Simon Clark, business development manager for EMEA at CargoWise, a technology supplier for logistics service providers.

"After a difficult year for the logistics industry, business executives are glad to put 2009 in the rearview mirror," says Clark. "The global recession reshaped the manner in which the freight and logistics industry conducted business. Operating decisions and business models were dissected and resources were reduced to survive. Moving forward in 2010, it's time to rethink and alter our approach to business sustainability in order to reflect changing economic dynamics."