Investment remains a key priority for the UK logistics sector in 2022, and merger and acquisition activity levels remain high, despite the sector facing increasing challenges driven by labour costs, pricing and supply chain disruption.
A survey of industry leaders found 65% of logistics businesses intend to make significant capital expenditure over the next 12 months, with technology, such as transport and warehouse management systems, the main point of focus in the year ahead (48%).
The survey, conducted in conjunction with a national series of dinner events jointly hosted by accountancy and business advisory firm BDO and Barclays, found that investment in recruitment, sustainability and automation were also high on the agenda.
