Shehrina Kamal
RISK MANAGEMENT
“ At the height of the crisis , the COVID-19 pandemic exposed the severe vulnerabilities that global manufacturers faced ”
EVERSTREAM ANALYTICS FORMERLY DHL RESILIENCE360
Shehrina Kamal
TITLE : PRODUCT DIRECTOR COMPANY : EVERSTREAM ANALYTICS
The most significant finding from the report Persistent air cargo constraints : COVID-19 has had severe implications for the global air cargo industry , on both the supply and demand sides , which continue to cause ripple effects throughout supply chains . Capacity in some trade lanes fell by more than 50 per cent during the initial phase of lockdowns in the first half of the year . This was mainly the case for cargo transportation on passenger aircraft , so-called belly cargo capacity , as airlines around the world canceled flights due to lower demand and travel restrictions . As of January 2021 , global air cargo capacity remained around 32 percent below the levels of the same period in 2020
How should organisations prepare for the future ? As mass vaccination campaigns get underway across the world , 2021 promises to be a year of recovery and a return to normal for supply chains and economies at large . However , the unpredictability of the virus spread , and associated disruptions to transport and business operations , will continue to be a defining feature of global supply chains well into the coming year . Beyond the pandemic , natural disasters and weather-related events continued to pose major challenges in several regions of the world , most notably Asia-Pacific and the Americas . There , countries such as Australia , Japan , China , and the United States faced their own share of disruptions in the form of wildfires , severe floods , or record-breaking storm seasons . As the frequency of these events continues to increase globally , so too will the risk of disruptions within global supply chains , making it ever more important to stay ahead of weather events before they turn into major disasters .
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