Transportation and Logistics

Industry Overview

Transportation and Logistics

Taking a Proactive Approach to a Dynamic Risk Landscape

The transportation and logistics industry faces an increasingly wide range of dynamic risk and human capital issues. These include long-standing challenges, such as effective claims administration, managing compliance, fleet safety and regulatory needs, hitting talent acquisition and retention targets and navigating supply chain disruptions.

However, new threats and opportunities are beginning to take center stage. Cyber attacks, data breaches, disruptive technologies, and political risk mean businesses across the industry must invest in new technologies and ways of working to manage volatility and build resilient operations and workforces.

At Aon, our teams have deep experience across all major segments of the transportation and logistics industry, and we partner with clients to identify, quantify and manage their risk exposure, while also designing and implementing sustainable benefit, retirement and talent programs to improve employee engagement, health and wellbeing.

Top 5 Future Risks

Looking ahead to 2024, predicted risks for the transportation and logistics industry include:

  • 01

    Economic Slowdown / Slow Recovery

    Despite a fast economic rebound from the initial depths of the pandemic, uncertainty, fueled by inflation, rising interest rates and bank closures, still reigns.

  • 02

    Cyber Attacks / Data Breach

    Cyber attacks are, and will remain, a top risk across all geographies and industry sectors. All leaders need a cyber game plan.

  • 03

    Pandemic Risk / Health Crises

    While Covid-19 brought pandemic risk into sharp relief for all, other viral threats continue to loom, including bird flu, Ebola, SARS, MERS and Zika.

  • 04

    Business Interruption

    Previously, clients planned for isolated events. We now know business interruption can be systemic across an entire organization.

  • 05

    Political Risk

    From the impact of misinformation on democratic societies to the war in Ukraine to geopolitical tensions in the Pacific, politic risk is on the rise.

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