Question to the Department for Transport:
To ask the Secretary of State for Transport, what assessment she has made of the potential impact of the logistics industry to the achievement of the Modern Industrial Strategy.
Government recognises the logistics industry as a critical enabler of the Modern Industrial Strategy (IS) and its wider economic growth ambitions. The IS identifies freight and logistics as a cross-cutting sector, essential to the success of the Government’s growth ambitions across the eight frontier industries.
Page 159 of the Strategy also recognises ports as a key foundational sector, providing critical inputs that enable growth across these frontier industries. This approach is supported by the National Wealth Fund, which will help unlock long-term private investment in strategically important infrastructure, including ports and associated logistics capacity, where this supports economic growth, industrial competitiveness and the transition to net zero.
Logistics therefore plays a central role in strengthening national supply chain resilience and supporting delivery of the Industrial Strategy. This contribution will be further reflected in the forthcoming plan for freight, which will set out how Government will work with industry and investors to support long-term growth.