Coronavirus: impact on the transportation and logistics industry worldwide - Statistics & Facts

Source: Statista

Original Date Posted: 6/3/2020

The transportation and logistics industry performs one of the most vital services of the modern globalized and interconnected world. Since the beginning of 2020, more and more countries across the globe shut down their borders and limited transportation and travel to contain the coronavirus (COVID-19) outbreak, thus, creating impediments for international trade and transportation. Since the beginning of 2020, the pandemic affects almost every dimension of economic activity and individuals globally. As a consequence of the coronavirus outbreak, important supply chains in the logistic and transportation industry are hampered, though differently across air, freight and sea sectors. The coronavirus outbreak brought a meta-uncertainty. Therefore, there are various interpretations of its potential consequences on the logistics and transportation industry.

For full article click here