Transport Intelligence (Ti) foresaw in its precorona’s estimates that the Spanish logistics market would lead Europe’s growth in 2020. Following the arrival of the pandemic, it is the third most affected by the virus in the EU.
Fig. 1. Estimates of the corona’s impact on the logistics sector in 2020
At European level, the economic slowdown of the logistics market is expected to be 1.4%, while in the worst scenario it would increase to 17%. At a global level, the figures fluctuate between losses of 2% and 10.2%.
Despite these results, the report notes that not all the corona effects have been negative, as certain activities such as online retailing, ecommerce and the last mile have been benefited. In particular, Ti mentions the food sector, which is working at full capacity to supply basic products to the confined population. In this sense, some companies have even compared the corona’s impact with the Christmas’ volume of sales.
Source: elmercantil.com