Logistics companies reeling from Covid-19

The world is grappling with the Covid-19 pandemic that continues to snuff out lives across the globe. The disease has also paralysed trade and businesses, pushing economies to the brink of collapse and crashing stock markets globally.

The transport and logistics sector is a major victim of Covid-19. The industry facilitates cargo movement to different geographical locations, supports key economic sectors such as manufacturing, agriculture, aid and relief, construction and education, among others. However, Covid-19 has made it extremely challenging to move goods, affecting trade between regions.