Europe's markets are showing the first signs of an economic recovery, but while Asia will likely be stronger, no region is likely to see robust growth, the CEO of Deutsche Post DHL told CNBC.
"We believe that 2014 [will be] definitely better than 2013, but [there] will not be a massive recovery anywhere," Frank Appel, the company's CEO, told CNBC.
"[This] huge growth we have seen in the last 10-15 years is over," he added, citing a higher base of comparison. "The growth [increase] will be smaller and more modest."
Package delivery and logistics companies, such as DHL, are often viewed as providing early barometers of global economic activity as they are among the first to see changes in demand from businesses and consumers.
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