Whether it be getting the new COVID-19 vaccines or importing a huge amount of steel, proper functioning logistics is very important for a healthy economy. Last year witnessed a great deal of damage as the logistics operations were put to a halt. COVID-hit nations are now recovering from the loss and the best plan would be boosting up the logistics. The Indian government looks upon developing a new Logistics policy that will help in centralizing a strategic network for cargo distribution. During the period of disruptions, alternative routes are the best way to carry out many important logistics operations. For a sigh of relief, shipping lines were ordered not to levy charges on containers that were held up due to issues caused by the pandemic.
The next major disruption in the smooth movement of containers was brought up by the Global trade war with China. The silent trade war has proven fatal for the agencies carrying out the logistics. Due to a decline in exports with the imports remaining the same for China, a disruption in the smooth flow of containers was witnessed with containers carrying out the return journey empty. This is contributing to a great loss to the agencies carrying out the logistics.
The next big thing that’d soon take over the logistics operation is supposed to be automation. The novel Coronavirus was a checkpoint for these operations. The disruption in logistics eventually hampered the supply chain creating chaos in the global trade. Containers were held up as a part of preventive measures undertaken by nations. Automation will not only solve this very important problem but is also the future of logistics in COVID-Hit nations.
The year 2021 has to witness a lot of changes in the logistic operations across the globe.