 "goods, transport, shipment, train, railways, logistics")
The rapid rise of Covid-19 pandemic and the Centre's decision to contain the disease outbreak in India through a 40-day lockdown is adversely affecting the domestic logistics sector, especially road transportation, ratings agency Icra said in its report today.
The immediate impact of the pandemic on the logistic sector has been a sharp fall in freight availability due to restrictions on production of non-essential goods, and shortage of fleet for movement of goods owing to dearth of drivers and consequent spike in truck rentals.
“With the likelihood of lockdown being lifted gradually and muted recovery in industrial activity, the logistic sector, including
