Rethinking transportation and logistics supply chains
The transport and logistics industry has a market value of $9.7trn and underpins $89trn of global trade. The third report in the Lloyds Rethinking supply chains series, delivered in collaboration with WTW explores the biggest threats to transportation and logistics supply chains across road, rail, air, and sea.
The report finds that companies operating in the sector have heavily invested in risk management practices and integrated technology solutions. The industry takes risk management seriously, which represents a significant opportunity for increased collaboration and innovation between transportation and logistics companies and insurers to strengthen recovery capabilities, improve resilience and use new data sources to improve the visibility of supply chain related exposures.
To read the report go to : https://www.lloyds.com/news-and-insights/futureset/futureset-insights/rethinking-transportation-and-logistics-supply-chains