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The impact of COVID-19 in the logistics sector

07 April, Fortune Italia

Confetra, the Transports and Logistics Confederation, reports that the industry lost revenues for 18 billion euro following the coronavirus outbreak, corresponding to a 35%-45% reduction in transited goods. Rail transport decreased by 50% after the lockdown, while intermodal transport has remained substantially stable. Air cargoes sank by 40%-50%, and last-mile deliveries declined by 70% in March. Finally, sea shipping shows different results depending on the route, although it will be possible to see the effects of the pandemic only in the next months.

Source: Fortune Italia

Translator: Cristina Ambrosi