According to the latest results of Transport Intelligence Global Logistics Business Confidence Index, it has shown a significant return of optimism to the market. Although the index weakened slightly in April from +1.05 to -4.43, there was far more positive sentiment about the future. Overall, the index assessing confidence in the state of the market in twelve months time moved from a score of -26 in February to +4 in April. This contrasts strongly with the results in February and March when respondents expressed overwhelmingly negative expectations of the future. One of the key findings shows that logistics service providers are more optimistic than shippers. Given that manufacturers/retailers will have a better idea of order books and production schedules than their suppliers, the bounce back may not be as strong as some hope.
