Main remaining problems
The main problems stemming from the external factor of declining fossil fuels will significantly affect the costs for transport and thus will lead to enhanced on-shoring activities of the industry to reduce the transport costs. In parallel, global sales channels are expected to be reduced or substituted by external production which will diminish the spatial LSP network and activities. Overall, the effect for employment in the logistics sector is inconclusive, because of these reverse effects arising from increasing costs of transport and relocation of production. However, consolidation tendencies within logistic processes will have significant negative impacts for the employment in the logistics sector.
Increasing prices of fossil fuels (and thus energy prices) will lead to an (global) economic slowdown. Thus, the general prosperity (GDP, public income, revenues) in Europe is expected to decline, which will consequently impact the activities of LSP. Structural changes of global logistic transport patterns, due to onshoring as well as the globalisation slowdown shifts transport activities and hence air pollutants and noise emissions to Europe.