Logistics Confidence Index 2020Q3

LGE 2020Q3

Publish date: 30.09.2020

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  In the forthcoming period, the logistics sector will continue its activities rapidly.

  In the period after the first quarter of 2020, it slowed down national/international trade in the world and Turkiye, which gained momentum, and brought it to a standstill for a while. This unexpected recession that I experienced in the second quarter of the year was also reflected in the index published in this period, resulting in the expectation of contraction in business volume and human resources.

  With the start of reducing the effect of the pandemic and the normalization steps taken in June, national and international trade has tended to increase with a rapid acceleration. The increase in business volumes compared to the second quarter also gave a positive impetus to the need for human resources.

  The opinions of industry experts were also reflected in LGE, and the positive trend in trade also matched with the expectations. In the upcoming period, the logistics sector will continue its activities rapidly.

  Samet Civan

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  Yavuz Öner • KPMG Türkiye