Daily Archives: May 23, 2025

Global Logistics Market Set to Double by 2033, Driven by Trade Growth and Smart Supply Chain Innovations

The global logistics market is projected to soar to $20.1 trillion by 2033, doubling from $10.2 trillion in 2023, according to Allied Market Research. This strong growth, at a compound annual growth rate (CAGR) of 7.3%, is fueled by expanding global trade, a surge in e-commerce, and rapid adoption of advanced supply chain technologies. As…

Resilient Supply Chain Adapts Amid High Market Turnover and Shifting Tariff Landscape

The latest Supply Chain Report for May highlights a pivotal moment in the logistics industry, as market turnover reaches new heights—demonstrating the sector’s agility and capacity for renewal. A surge in new trucking authorities, up 48% month-over-month, reflects growing entrepreneurial momentum and renewed interest in freight operations despite soft seasonal demand. This dynamic shift comes…