Impact of Global Events:

• Pandemic and the war between Russia and Ukraine: Pressure on supply chains, operational restructuring.

• Slowing economy: Affects both air and ocean freight due to the correction in consumer goods demand.

• Industry Value: Reached more than $10 trillion in 2022.

• CAGR: A compound annual growth rate above 5% is expected over the next five years.

• Asian Market: Sector leadership driven by the expansion of trade routes and the relocation of industrial production.

Expansion of E-Commerce and Last-Mile Logistics:

• Growth of the e-commerce logistics market: 34% between 2020 and 2022.

• New Operators: Emergence of new players in 5PL, eFulfillment, and last-mile services.

• Parcel Pickup Points: More than 1.2 million locations worldwide.

Air and Ocean Transport:

Air Transport:

• The return to normality brought a reduction in air cargo transport.

• Contraction in demand for high-value and perishable products.

• Passenger traffic recovering and surpassing pre-pandemic volumes.

Ocean Transport:

• Unprecedented growth in 2021 and 2022, followed by a decline in consumer goods spending.

• Drop in spot freight rates on major trade routes.

• Warehousing:

• Lower demand expected in 2023.

• Short-term profit reduction due to the expiration of higher rates.