Page 16 - TrafficInfraTech Magazine - Linking People Places & Progres

NEW MOBILITY

for global 2020 freight volumes
without COVID-19. A reduction
of more than half is projected for
ASEAN countries, Russia/Central
Asia and India. It is projected that
urban freight activity would be at
8% below the estimate that did not
yet reflect any impact from COVID-
19. One of the main reasons for this
is the growth of online shopping
during the lockdown in many
countries, which leads to more
deliveries of e-commerce purchases.
National Impacts

According to NTDPC report
(2014) the freight traffic carried
by road and rail in the country
increased from 257 billion tonne
Global Impacts is estimated to be down by over km in 1980-81 to 2053 billion tonne
10-15% as compared to the
The freight and logistics industry prepandemic estimation. km in 2011-12. It is estimated
has taken up a huge hit and no that currently a little over 22 lakh
business around the world has been It is estimated that mobility trucks provide inter-state services
immune to the crisis. However, restrictions to contain COVID-19 while remaining ply on intra-state
post COVID-19, the global logistics could reduce global freight transport roads or within city limits and
market size is projected to grow up to 36% by the end of 2020 rural roads. The logistics industry
from USD 2,734 billion in 2020 (International Transport Forum, of India is currently estimated to
to USD 3,215 billion by 2021. The May 2020). The current mobility be around US$ 160 billion. With
major drivers of this market are and activity restrictions around the implementation of GST the sector is
increasing focus on the continued world are likely to result in a strong expected to benefit and touch US$
supply of essential commodities, reduction of global freight transport 215 billion over the next two years,
creation of supply chain stabilization volumes in 2020 of more than one as per the Economic Survey 2017-
structures to fight COVID-19, and third. Regional freight activity, i.e. 18. According to the reports of
growing demand and distribution national and international goods Global Ranking of the World Bank’s
of personal protective equipment. transport, could be 37% lower 2018 Logistics Performance Index,
The projection for the year 2021 overall, compared with the estimate India jumped to 35th rank in 2018

16 April-May 2020 / TrafficInfraTech www.trafficinfratech-com-500653.hostingersite.com