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High volumes, slow capacity recovery, elevated rates and service disruptions are set to continue well into next year, according to a senior executive at group’s Global Forwarding unit
COVID-19 will likely affect trade more profoundly than any other recent crisis. The extent of the disruption will vary by commodity, trade lane, and mode of transport, and it will be steered by local differences in the crisis’s severity
The crisis has demonstrated how essential the logistics industry really is. The impact on logistics companies has varied depending on the types of goods they transport and which industries they serve