Industry Insights

Covid Second Wave Impact Assessment - Release 2

John Doe
11 Jan 2022
5 min read

The second wave of Covid-19 has severely impacted manufacturing, movement, storage, and flow of goods.
Supply chain disruptions thereof will have an adverse impact on competitiveness, economic growth and operational costs.

As the Covid second wave in the country deepens, the freight market is exhibiting high volatility in freight capacity, with uncertainty in freight rates and declining service levels. There is a sharp decline in truck utilisation and increased truck idling on account of accelerated migration of truck drivers and helpers.

Key Points and Observations

10-15%

Truck drivers and helpers have migrated to native places

15%

Reduction in traffic along the National Highways for Apr-21

22%

Decline in the E-way bills from the state of MH due to partial lockdown during Apr-21

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