Impact of Covid-19 on Logistics and Transport Companies in India

  COVID-19 was originated in the Chinese city of Wuhan in December 2019. The impact of COVID-19 was first felt in China due to the role it plays in global manufacturing (with Wuhan, the epicentre of the pandemic, playing a particularly significant role—more than 200 Fortune Global 500 Firms have a presence there). China is also a major consumer of global commodities and agricultural products.   Soon the disease spread across the world the next month and it was declared pandemic. To tackle this new disease many countries began to implement complete lockdown for months. All the activities were suspended, the movement of the public was prohibited and schools, colleges, offices, industries, malls, etc. were ordered to shut. The lockdown affected businesses and industries of many sectors. Even top freight forwarding companies in India  were adversely affected due to the shutdown of manufacturing industries. It is very true that logistics and transport companies rely on manufac...