Confidence fall at logistics firms

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Confidence has fallen among the companies that keep the nation’s products moving.

Logistics businesses’ confidence has fallen by 10 per cent since last year, in the wake of falling consumer demand, increased pressure on margins and rising fuel costs.

Despite that, the latest Barclays and Grant Thornton UK Logistics Confidence Index shows more than half the firms expect to increase profits and capital expenditure over the next six months and more than a third expect to create jobs.

Debbie Mullen, head of Yorkshire for Barclays Corporate, said Logistics businesses were often seen as “commodity” providers – and offering new services across the entire supply chain would help to change that perception.