Increasing confidence in the outlook for the transport and logistics sector helped raise the overall Stifel Logistics Confidence Index 0.6 points to 53.0. This is the eighth consecutive month the index registered above the 50 threshold, indicating improving conditions in the overall European freight forwarding market.

The uncertainty that prevailed in 2011 resulted in a particularly volatile and difficult year for the freight forwarding industry, according to Global Freight Forwarding 2012, the latest report by Transport Intelligence.