Covid-19 impact: Biz environment gets tougher for ports, logistics firms

Already reeling under economic slowdown, companies grapple with demand shock

The Covid-19 pandemic has made business tougher for domestic ports and logistics companies, which were already grappling with falling earnings amid the global economic slowdown.
 

Currently, different sections of the business, like warehousing, trucking and last-mile delivery among others, are facing several challenges, with labour shortage being the biggest challenge across all the segments.
 

Longer turnaround time in case of ports, demand shock impacting volumes and supply chain disruption impacting last-mile delivery some of the other challenges facing the industry.

"Factoring in the demand shock and