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Logistics companies face big dip in cargo volumes in 2020

The logistics sector has so far seen a big plunge in cargo volumes in 2020, a year in which the coronavirus has caused large disruptions, writes analyst firm. The second half of the year does not look set to reverse this trend.

Photo: Shizuo Kambayashi/AP/Ritzau Scanpix

The logistics sector faces a big slide in freight volumes in 2020, as the coronavirus pandemic has triggered disruptions throughout the supply chain, projects Transport Intelligence.

The analyst firm's forecast comes after global freight forwarders have already seen volumes dip 11.6 percent in the first six months of 2020.

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