“The world is facing major challenges.”

What are currently the top trends in the transport and logistics market from your viewpoint?

Peter Fog-Petersen

A major trend in the logistics industry is certainly increasing digitalization and the use of new innovative technologies to counteract margin pressure, individualization and complexity. The logistics industry is still in its infancy here. In addition, the current shortage of skilled workers will intensify even further, regardless of whether this concerns highly qualified specialists, commercial staff, personnel in warehouses or drivers. The logistics industry must be better positioned and also be attractive for applicants in these areas too. Of course, we also closely monitor developments in the automotive industry and analyze possible changes in logistics requirements.

What expectations do you have for 2019?

In the short term, we are of course both curious and anxious about the further course of business and Brexit developments. We have unnecessarily created a large problem area in Europe. We are also exposed to volatile markets in global trade. Trade disputes with the USA and significantly cooled economic growth in China will affect the economy in general and consequently, of course, our logisticians too. A decline in the German economy with traditionally strong exports can also weigh on our industry.

Where do you currently see the greatest opportunities/risks for global trade?

The world is facing major challenges. Europe must learn to understand itself even more strongly as unity. The importance of this for the economy has been demonstrated once again in the last years of the Brexit negotiations. Instead, we see increasing nationalism and protectionism – not just in the USA. Instead of increasing restrictions on world trade, we need more free trade and fewer barriers in our minds and borders. The upheavals in mobility and digitalization will be major challenges for Germany. Germany must set up its strong automotive industry in a sustainable manner and not get left behind in digitalization.