Almost all industries have been affected by the coronavirus pandemic and that includes the shipping, trucking, and logistics industries. Before the pandemic, there was a smooth flow of goods and materials across borders. Logistics and trucking companies like Titan Transline were booming. Now the industry is wondering what lies ahead after the coronavirus pandemic.
It is too soon to say but the logistics and trucking industry has to adapt to several changes. No one has expected that the world will be severely impacted by a global pandemic. Now that everyone has experienced the unforeseen threat, it is very likely that companies will be creating redundancies to bounce back if a similar threat happens again in the future. The fact is, redundancies have helped in strengthening the supply chains and keeping businesses afloat.
Logistics and trucking companies that adapted automation and smart technologies continued to operate efficiently regardless of the state of global affairs particularly when workers started to get sick and spread the virus to others. Technologies like blockchain eliminated the traditional paper trail and intermediaries. However, while some companies were able to switch to entirely “dark warehouses” that are fully autonomous, the majority still required human workers to manage the technologies.
One of the saddest consequences of the coronavirus pandemic was the mass layoffs across the world. Logistics and trucking companies did not have adequate funds to maintain the same workforce when business was booming. Talented and qualified workers have to be furloughed without pay. Companies that have contract workers can quickly decrease or increase their workforce to adjust to life after the pandemic.
However, if there is one good thing that happened during the forced lockdowns, it is the environmental impact. There was less pollution and carbon emissions have decreased by as much as 5%. It seems that the earth has recovered after decades of industrialization. These positive gains were obviously noticed and businesses will start to prioritize the environment to sustain it for years to come.
An eco-friendly future means more reliance on video conferencing over in-person meetings, smart technologies, and fewer business travels. The shipping, logistics, and trucking industry will rebuild from the crisis to ensure that supply chains will be stronger and more resilient in the future.