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The Coronavirus’ Effect on the Transportation, Supply Chain & Logistics Industry, Business and Industry Trends Analysis

One of the most stunning business and economic effects of the Coronavirus era was a nearly instant shortage of the products, components and services that consumers and business managers often took for granted in the past.  The global supply and logistics system quickly entered crisis mode, and the effects and needed changes are going to be felt over the next several years.
The initial shock was the way that many factories and other businesses closed their doors temporarily and sent their workers home out of fear of spreading the disease.  While factories came to a stand-still, many workers began to modify their work habits so that they could be productive from their computers and telephones at home.  Many people simply left the workforce and retired early, while others in service businesses lost their jobs at hotels, restaurants and similar establishments, and those who were able took other types of work or got by on unemployment compensation.


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