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26 Apr 2021

Covid Second Wave Impact Assessment - Release 1

The second wave of Covid-19 has severely impacted manufacturing, movement, storage, and flow of goods.
Supply chain disruptions thereof will have an adverse impact on competitiveness, economic growth and operational costs.

FreightFox has conducted an extensive independent analysis of this impact.

Key Points and Observations

15-24%

Freight rate escalation in industrial areas

15-40%

Rise in the daily wages of casual labours due to shortage

26-40%

Drop expected in trucks/fleet capacity utilisation

45-65%

Transportation contract defaults