The Eurozone region presents a number of difficulties for the logistics industry, including supply chain disruptions, a talent gap, geopolitical unpredictability, complicated trade regulations, increased transportation costs, protracted lead times, and employee shortages.
Brexit has been a significant impact, but other elements including the epidemic, a shortage of materials, and increased prices have all had a role. Further impacting UK-based logistics companies are shortages and price rises brought on by the ongoing conflict in Ukraine.
Logistics operations are further complicated by complicated trade regulations and rising transportation costs. The industry also experiences long lead times and a scarcity of workers, particularly drivers and customs specialists. Skilled people are being discouraged from entering the industry by negative press and negative news.
However, the move to digital technology may be able to lessen paperwork and attract skilled talent.
Tags Eurozone logistics UK companies
Check Also
RBA Holds Rates Steady, Signals Prolonged Tight Monetary Policy Amid Persistent Inflation
The Reserve Bank of Australia (RBA) maintained its benchmark interest rate at 4.35% on Tuesday, …