Location factors for the logistics sector Location factors for the logistics sector are fundamentally favourable We have illustrated that the short-term cyclical outlook for the logistics sector in Germany is muted. However, the sector is benefiting from many favourable location factors, such as Germany’s position in the centre of Europe.
Sentiment in the logistics sector Sentiment in the logistics sector has improved in recent times despite moderate turnover growth again in 2016/17 Although the general economic conditions for the logistics sector are currently underwhelming, industry sentiment improved for the second time in a row in the third quarter of 2016.
Negative impact from foreign trade Along with the negative impact from foreign trade, there are other reasons for the weak performance of the German logistics industry that are, of course, not entirely independent from the development of global trade. Domestic industrial production, for example, grew by only slightly less than
Treating bitcoin as a “commodity” Treating bitcoin as a “commodity” Since bitcoin has neither the characteristics of a traditional security nor those of a currency, it is sometimes classified as a commodity. The analogy seems to make sense, as bitcoin, just like metal, is mined in bitcoin farms and the
Turnover growth sluggish since 2012 In light of weak global trade and the aforementioned sluggish growth in the movement of goods at international and national level, it should come as no surprise that the German logistics sector has also been seeing sluggish growth for some time now. Nominal turnover in
More than 2 million employed in the logistics sector In terms of official statistics, the transportation and storage services sector appears to correspond best with the logistics industry. It covers all activities that are commonly understood to be the responsibility of the logistics sector, including the transport of goods with
Logistics – little growth in recent times It is known that for some time that the entire German logistics sector has only been able to generate little growth in recent times. Nevertheless, the structural conditions for logistics in Germany remain essentially good. EU Forecast euf:ba18.d:185/nws-01
Currency valuation approach Currency valuation approaches Standard valuation approaches are not applicable to bitcoin So let’s treat bitcoin as a currency. Again, it is difficult to identify mispricings. Currency valuations are usually based on growth, interest rate or price differences between currency pairs. None of these can be determined for
Roads and rails has recorded high consistent growth rates On a long-term average (1995 to 2015), the transport of goods on roads and rails has recorded similarly high growth rates (3% a year). Transport volume on inland waterways, by contrast, has generally been falling. In general, roads still account for
Roads by far the leading mode Roads by far the leading mode of transport in the national transport of goods The slow pace of trade in recent years is ultimately also reflected in domestic freight transport. In 2015, the total volume of goods transported in Germany (in tonne-kilometres) was only