The transportation and logistics industry stands at a crossroads in 2025, with the potential to drive significant 'positive change'.
This is the key message from Willis’s Global Transportation and Logistics Risk Report, which cites business interruption, supply chain disruption and cyber security as three of the top risks facing the sector. It also highlights opportunities in global trade expansion, customer experience and new markets as positives for the industry.
Additionally, sustainability is a major focus for the industry, with 61% of respondents to Willis's poll citing it as their biggest environmental risk. The transportation sector, which accounts for approximately a quarter of global greenhouse gas emissions, is under pressure to reduce its carbon footprint. This is likely to continue globally despite a rollback of climate targets in some countries.
Garret Gaughan, global head of direct and facultative at Willis, said that by leveraging technology, addressing sustainability goals, and navigating regulatory and economic challenges, companies can “position themselves for success in a rapidly evolving market”.
“It will be paramount for companies to keep on top of fast-changing cyber threats, as well as being able to demonstrate that they are on a path to climate resilience and sustainability,” he added. “These are no longer ‘nice to have’, but business necessities.”
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