With the massive disruptions in global shipping caused by the coronavirus, the logistics industry is not only experiencing increased demand, it is being tested in ways it has never been before.
Among the challenges the industry faces are the need to screen incoming goods more carefully in ports, which leads to delays; wooden pallets from China that are being destroyed rather than reused for fear of contagion, creating a sudden demand for that resource.
With online retailers shipping goods directly to customers, businesses must expand their infrastructure for trucking, warehousing, parcel delivery, fulfilment centres and security. Warehouse workers must stay on the job and even increase the workforce; Amazon said it is hiring 100,000 new workers to beef up its shipping operations, but many of its orders will still be delayed.
A variety of research reports covering Logistics and related topics such as Supply Chain Management, Warehousing, and e-Commerce Logistics are now available from ResearchAndMarkets.com, including:
- Logistics Automation Market to 2027 – Global Analysis and Forecast by Component; Application; Mode of Freight Transport; End-User Industry
- Cloud Supply Chain Management Market – Forecasts to 2024
Logistics is just one area seeing an unexpected rise in demand.
Leading trends are identified in the following article: “30 industries seeing a surge in demand due to the COVID-19 pandemic.” They include industries as diverse as biometrics, distance learning, home fitness, e-commerce, and, of course, logistics, as well as telehealth, LEDs, and home and garden industries as self-isolation is the perfect opportunity for home repair and renovation.
Source: Research and Markets