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European Logistics Outlook

European Commercial – Summer 2020

Report

Autoren: Mike Barnes , Marcus De Minckwitz , Will Percival

Reihe: Savills Spotlight

Anbieter: Savills

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  • Erscheinungsdatum : 01.09.2020
  • Seiten : 7 Seiten
  • Datei-Typ : PDF-Datei
  • Größe : 1,14 MB
  • Sprache(n) : Englisch

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Inhalt

As Europe starts to think about how it is going to drag itself out of the deepest economic downturn ever recorded, consumers are trying to take stock of their own financial positions and brace themselves for the inevitable short-term pain that lies ahead. Perhaps most significant to this will be the removal of furlough schemes, that have provided vital support through the crisis but are also in danger of having created a cliff-edge moment for the economy. French and German furlough schemes have been extended into 2021, although UK, Italian and Spanish schemes are on course to terminate this year.

Throughout the crisis the logistics sector has provided some respite and it has become an even more vital part of people's lives. Many workers have taken on temporary positions in fulfilment and distribution centres, to help in the response to the pandemic accelerating the demand for ecommerce. We are also observing more anecdotal evidence of short term employment in the delivery sector, for example French light commercial vehicles (LCVs) registrations have increased by 8% yoy in June, in order to meet the rising demand for last mile delivery.

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