Covid-19 is the greatest challenge humanity has ever faced since World War Two.No doubt it can be phrased as one of the defining events of 2020.No section of the world were left unaffected by the pandemic. It could bring economic activity to a near-standstill as countries imposed tight restrictions on movement to reduce the spread of the virus.
The impact of Covid-19 pandemic in the economic area can be abbreviated as a three-year digital transformation compressed into the last three months. The sudden threat to public health from the coronavirus has brought about global change that most employees have never encountered before.
We are past the peak of the virus in the UK and society has been permitted to re-open safely in stages, but there are going to be more changes that we must adapt to.
If we take a look at the impact of the pandemic on the markets, closed shops and social distancing have led to increasing demand for online shopping. Due to this sudden increase and panic buying, online platforms struggle to meet the rising demand of customers. From bulk buying, people have changed to shopping for only essential items. Grocery stores,3PL’s and other online stores have been seeking short term warehouse space to cope with increased online orders and infrastructure requirements.
Logistics firms which were involved in the movement, storage and transport of goods have been directly affected by the Covid-19 pandemic. To be more precise, the impact of Covid-19 was initially felt in China, due to the role it plays in the global manufacturing sector. Disruptions to manufacturing in China rippled through global supply chains. Cargo was backlogged at China’s major container ports, travel restrictions led to a shortage of truck drivers to pick up containers and ocean carriers cancelled sailings. This resulting shortage of pieces of equipment from China adversely affected manufacturing sectors like automotive, electronics, pharmaceuticals, medical equipment as well as consumer goods all around the world. Although most of the industries have restarted their operations, a return to full production capacity might take ample time.
Almost 50% of the world’s cargo was transported through the flight. The cancellation of services by most airlines has resulted in doubling of the price of commodities and some carriers are facing delays with increased congestion at airports and eventually supply-side turns highly disruptive. Roadways are relatively less affected by the impact of the pandemic when compared with waterways and airways. But here too we face difficulties in terms of driver shortage and to ensure the safety of these drivers. But still, road transport is heavily relied upon for the continuous supply of food, medicine and other essential products.
To stay active in such an unpredictable atmosphere is the challenge of the time. GetMyParcel has been actively involved in supporting few businesses to bring PPE and several medical types of equipment from China and other countries to the UK and Europe satisfying all of the border control measures announced by the UK government. We have also adopted a wide range of responses to these uncertainties to ensure uninterrupted service.
Do connect with http://www.GetMyParcel.com more information on logistics handling.