J K Arora, Owner, Cargo Movers shares his views on impact of Covid-19 on logistics sector
As worldwide economy is affected, shipping industry is operating at low level less than 30 per cent and scaled down their operations. There is decline in ratio of demand & supply. Most of the countries are in lockdown /work from home.
Aviation Industry, in terms of cargo, is effected just 20 per cent and result to closure of some big airlines.
Future Ideal strategy to overcome the situation- Stringent Measures to be taken to revieve Trade Traffic- we have to live with COVID 19 and International Cargo/Logisitcs, we cannot live with fear of CORONA virus, we should live happily -taking precautions while travelling/working maintaining social distancing & boost morale of people & Economy. History of India tells many Pandemic/natural calamity /difficult situation have come and Indians have faced and come out as warriors.