The coronavirus outbreak exposed the fragility of global supply chains that move goods between countries. Due to the volatility of the logistic market, carriers are facing new risks and the need to promptly respond to changes in order to manage them. The global cargo transportation market is experiencing significant difficulties caused by abrupt decrease of the transport infrastructure throughput due to the coronavirus (COVID-19) pandemic.
T&L companies that are pursuing tangible plans to reduce emissions have generated superior total shareholder return, according to BCG analysis. But to ensure economic sustainability, T&L players should move quickly to incorporate environmental sustainability into their business model and long-term strategies