No Time for Logistics Companies to Put on the Brakes in the Automotive Market

Despite meltdown in automotive industry, opportunities exist for logistics providers that can react quickly enough to the ongoing rationalization in the space, Transport Intelligence reports

London — July 16, 2009 — Despite the catastrophic meltdown the global automotive market has endured, opportunities exist for logistics companies that can react fast enough to a savage rationalization of the auto industry, according to a new report from industry research firm Transport Intelligence (Ti).

The automotive logistics industry has endured a catastrophic meltdown in volumes over the past year, Ti notes in the report, "Global Automotive Logistics 2009." Logistics companies are struggling to deal with the consequences of a slump in production and sales, and many — especially in the finished vehicle logistics market — have gone out of business.