Industrials sector report: labour challenges drive lasting cost pressures for logistics players

Even with a looming recession and inflationary pressures, e-commerce volume is growing steadily at about 5% YoY following pandemic highs of 15-20%, according to Forum Interviews. One expert we spoke to believes current rates can be sustained over the medium term despite the tough macroeconomic environment. Another said a recession could result in shrinking volume over the next 1-3 years as part of a cyclical downturn, but they are still bullish on the long-term prospects.