The UK leads the world in e-commerce, with growth now coming from increased frequency of online purchasing, according to the Freight Transport Association’s latest research supported by PricewaterhouseCoopers.
The research identified that 27 per cent of consumers are now shopping online on a weekly basis, and predicts that tablet and smart phones will account for 25 per cent of online retail sales by 2017.
Coolin Desai, UK Transport & Logistics Leader – PwC said: “The transport and logistics sector is taking centre stage, increasingly recognised as key to stimulating trade, helping business efficiency and supporting economic growth.
“In an era of accelerated globalisation, with both business and consumers demanding better transport options, an integrated transport strategy is more important than ever. Getting this right will be key to driving the best return on investment.”
Theo de Pencier, FTA chief executive said: “These are changing times for the transport and logistics industry, particularly in light of the explosion of ecommerce and online shopping…
“The Logistics Report 2014 reflects this fast-paced revolution and outlines the need for the freight and logistics industry to develop a simple, scalable and flexible supply chain to be able to react quickly to evolving trends.”
The FTA’s Logistics Report 2014 is an analysis of the ideas, news and views that shaped the transport and logistics industry in the last 12 months.