Emergence of COVID-19 and the Impact on the Logistics Industry - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Emergence of COVID-19: Impact on Logistics Industry" report has been added to ResearchAndMarkets.com's offering.

The logistics industry viewed as an auxiliary for trade and commerce enables industries to deliver the goods and services to the ultimate consumers by facilitating mobility throughout the supply chain. The supply chain disruptions in the COVID-19 outbreak had a direct impact on the logistics industry with detrimental factors as labour shortage, fragmented supply lines, weak infrastructure, and ambiguity with respect to the rules and regulations for mobility of goods.

In the pre-COVID-19 scenario, the Logistics sector is pivotal to the global manufacturing industry which is elusive and scattered across the globe to urban to rural remote areas. For example, automotive companies such as BMW operates at the global level with 31 production and assembly sites across 15 nations with sales network spanning across 140 countries. So, to maintain the supply of such capital-intensive goods globally, the logistics sector must be streamlined and efficient.

In Covid-19 scenario, China being the most affected global manufacturing hub has spread operational difficulties across the globe during the initial stages. The supply chains disrupted for the companies having manufacturing facilities in China and the overall trade i.e., exports of manufacturing goods and imports of agricultural commodities to and from China declined. The receding supply for components manufactured in China for other industries was affected too. The contagion halted the cargo ports, shortage of labour of loading/ unloading, carriers were docked. Gradually, Automotive, Electronics, Medical supplies affected. As per the World Bank Reports, In China between January and February, the trucking sector volumes under logistics fell below 15% to that of 2019 levels before showing recovery signs in March. The revival was associated with relaxing of lockdown norms and government actions towards logistics industry.

Apart from China, Logistics holds major share of employment in emerging markets such as India and is considered as the barometer for gauging economy as it plays vital role in driving inflation, GDP, and employment status. With the onset of the pandemic, the panic buying on the market floor had shown peak in the logistics traffic. The heat of the pandemic leading to travel restrictions, flow of goods, social distancing norms at warehouses etc. has led to the decline in the logistics activities. For instance, in India the outbreak led to shortage of drivers which resulted in containers piling up, in ports around Chennai, Maharashtra and other ports.

The pandemic has exposed the limitations prevailing in the industry such as lack of health security and protection for the workers at dock stations and drivers facilitating trucking deliveries, the debt burden piled up due to which logistics companies lost the recurring cashflows to undertake the operations.

Companies Mentioned

• J.B. Hunt Transport
• CEVA Holdings
• FedEx
• XPO Logistics
• Kenco Group
• Americold Logistics
• DSV Air and Sea
• DHL Group
• Black Buck
• Nippon Express

Key Topics Covered:

1. Introduction

2. Covid-19 Scenarios

3. Executive Summary

4. Economic Impact of Covid-19

4.1. Global Economic Impact - Scenario 1

4.2. Global Economic Impact - Scenario 2

5. Global Logistics Industry

5.1. Global Logistics -Scenario 1

5.2. Global Logistics -Scenario 2

6. Global Logistics Industry by Segment and Country

6.1. Ocean

6.1.1. Coal Sector Revenue by scenario and country

6.2. Land

6.2.1. Electricity Sector Revenue by scenario and country

6.3. Air

6.3.1. Gas Sector Revenue by scenario and country

7. Global Logistics Industry by Applications and Country

7.1. Industrial

7.1.1. Industrial Sector Revenue by scenario and country

7.2. Retail

7.2.1. Retail Sector Revenue by scenario and country

8. Recent News and Development

9. Company Profiles

9.1. J.B. Hunt Transport

9.2. CEVA Holdings

9.3. FedEx

9.4. XPO Logistics

9.5. Kenco Group

9.6. Americold Logistics

9.7. DSV Air and Sea

9.8. DHL Group

9.9. Black Buck

9.10. Nippon Express

For more information about this report visit https://www.researchandmarkets.com/r/gc8uww

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