The transport and logistics sector is expected to see growth of 4% in 2023 and 3% in 2024. While consumer goods logistics are facing a correction, there is a positive outlook for aviation due to pent-up travel demand. On the other hand, the global economic slowdown will have a stronger impact in 2024, posing challenges for the sector. Public transport volumes are gradually recovering, with rail figures still below pre-pandemic levels. China's economy has bounced back, leading to increased transport activity in Asia. Container trade has been impacted by excess inventory cuts.
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