Traveling Upwards: Logistics Benefitting From E-Commerce Boon
Steven Braid, Data and Marketing Analyst
With a wholly intertwined economy, there’s no question that the performance of certain industries will have an impact on others industries. When one industry struggles or booms, the domino effect is always in play — however, the question often becomes, “where will the pieces fall?”
The pieces seem to be falling at the feet of the logistics segment. With the change in buying habits already in full bloom, and the consumer goods industry almost fully e-commerce-integrated, the logistics industry has gotten a major boost and should only continue to rise.
These trends are fully reflected in two of MV Index Soltions’s logistics indexes, the BlueStar Global Logistics Index (ticker:BLOGRNTR) and the BlueStar E-Commerce, Payments, and Logsitics Index (Ticker: BECLG). The BlueStar Logistics index tracks the performance of the largest and most liquid companies that generate at least 50% of their revenue from logistics and the BlueStar E-Commerce, Payments, and Logistics index tracks the performance of the largest and most liquid companies that generate at least 50% of their revenue from e-commerce and logistics. Led by consumer goods delivery services, logistics data, and logistics automation companies, BLOGRNTR and BECLG have returned over 28% and over 27%, respectively, over the last year as of Monday, October 18, 2021.
To see how the domino effect has impacted other industries, check out our Quarterly Thematic Paper.
BlueStar Global Logistics Index and BlueStar E-Commerce, Payments, and Logsitics Index
Source: MV Index Solutions. All values are rebased to 100. Data as of 18 October 2021.
Steven Braid is a Data and Marketing Analyst at MV Index Solutions. He is responsible for supporting the data, marketing, research, and product services. Prior to working for MVIS, Steven worked as an equity research analyst for Dane Capital Management, a special situations hedge fund, where he focused on SPACs and other forms of special situation transactions. Prior to his time in Finance, he worked as a professional journalist, publishing for the New York Times, USA Today, and other national periodicals. Steven has a M.S. in Data Analytics & Applied Research from the Baruch College Zicklin School of Business, and a BA in International Political Economy from the University of Michigan.
The article above is an opinion of the author and does not necessarily reflect the opinion of MV Index Solutions or its affiliates.