A divided sector: operators look for a clear route forward
Logistics operators are less optimistic than a year ago as the current UK economic climate and global geopolitical tensions hit the sector’s confidence more than expected. Confidence was the lowest seen in 14 years on our Index at just 40.4.
Other signs that confidence is low are that just 25% of respondents expect to increase headcount and 68% believe conditions are worse than a year ago. Just 48% of respondents expect to increase capital expenditure in the year ahead. Nonetheless, 56% of respondents still expect turnover to increase in the year ahead.
BDO and Barclays, in conjunction with specialist sector research agency Analytiqa, have once again undertaken research to assess confidence and expectations in the UK logistics sector.
More than 100 senior decision-makers – including chief executive officers, managing directors and chief financial officers – provided their views and insights during July and August 2025
Our participants represent a wide range of logistics businesses – from small, family-owned haulage operators to publicly listed companies and the UK subsidiaries of the world's biggest full-service multi-modal 3PLs, representing total UK revenues of approximately £15.6 billion.
READ THE FULL REPORT