The confidence, however, does not encompass the immediate future. When asked to describe their confidence in the economic prospects over the next three months compared to the previous three months, respondents' ratings dropped the index to -29.6. For the coming 12-month period, the index rose slightly but remained negative at -26.5. Most respondents believe it will take several years for the industry to fully regain its footing.
From a geographic perspective, respondents rated China the strongest market at present, with an overall index of +34.4. But in regard to coming months, the Asian giant's logistics industry registered near or below the global average, with a three-month index of -28.1 and 12-month index of -31.3. India, by contrast, registered above the global average in all three time categories, while North America registered below average.
In regard to logistics sectors, the Intermodal industry ranked highest, with a current confidence rating of +24.3, while road Freight/Trucking and Express services ranked lower but still in the positive range. Sea Freight Forwarding and Shipping received negative rankings for current conditions, and all sectors fell into negative ratings over three months and 12 months.
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