Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/310074 
Year of Publication: 
2018
Citation: 
[Journal:] Logistics [ISSN:] 2305-6290 [Volume:] 2 [Issue:] 3 [Year:] 2018 [Pages:] 1-16
Publisher: 
MDPI, Basel
Abstract: 
The recent economic recession in Greece has had a detrimental impact on all national business activities, with the logistics industry being one of the most affected sectors primarily due to the significant decrease in market demand for goods and services. In this regard, the aim of this research is to identify key challenges and prospects for the Greek logistics services industry stemming from the recent economic crisis era through a critical literature taxonomy, a semantic analysis of the reviewed articles, and a questionnaire-based survey involving 140 executives from the third-party logistics sector. In principal, the recent economic crisis is reported to have significantly affected logistics service providers, thus further imposing structural reforms in the industry. The reduction in operating profits of transport companies is noticeable with the onset of the economic crisis, specifically in 2016. Nevertheless, logistics executives are optimistic regarding the near future, provided that educated and informed strategic management decisions are made and inventive business practices are embraced.
Subjects: 
economic recession
logistics services sector
Greece
third-party logistics (3PL)
logistics functional areas
critical taxonomy
semantic analysis
text mining
word co-occurrences
questionnaire-based survey
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article
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