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BlueGrace Logistics Confidence Index


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BlueGrace Logistics Confidence Index sees signs of stabilization for the third quarter
For revenues, the report viewed third quarter expectations as “an interesting paradox with shipper optimism on the rise, but the expected magnitude of growth has moderated greatly, with 70% of the report’s respondents expecting positive third quarter revenue growth, topping expectations for the first and second quarters, which each respectively came in at 65%.

New BlueGrace Logistics Confidence Index presents a cautious and flat look at the second quarter
The new edition of the BlueGrace Logistics Confidence Index, which was recently issued by Tampa, Fla.-based non-asset-based 3PL BlueGrace Logistics, pointed to a relatively cautious outlook, as it relates to revenues and inventory management, among other factors.

Signs of Q1 optimism are seen in BlueGrace Logistics Confidence Index
The report observed that sentiment regarding revenue, for the first quarter (Q1) 2024 remained in familiar territory, with 65% of shipper respondents expecting positive revenue growth, in line with previous quarters, including: Q2 2023, at 66%, Q3 2023, at 62%, and Q4 2023, at 64%. As for other Q1 revenue expectations, 20% of respondents were neutral, and 16% were negative.

 


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