1. HOW DOES THE COVID-19 PANDEMIC IMPACT THE PERFORMANCE OF CHOSEN LOGISTICS PARAMETERS?
- Author
-
Mijušković, Veljko M. and Spasenić, Ana Todorović
- Subjects
COVID-19 pandemic ,REVERSE logistics ,IMPACT strength ,EUROPEAN cooperation ,TRANSPORTATION corridors ,LOGISTICS ,SUPPLY chains - Abstract
The ongoing Covid-19 pandemic affects all segments of economic activity globally, including the logistics industries worldwide. The subject of this research is the analysis of the pandemic impact strength on this sector of the economy at the global level through the analysis of parameters that determine the logistics prosperity of countries. The aim of the research is to point out the negative impact of the pandemic onto logistics parameters, such as slowing down customs formalities, less investment in improving the quality of infrastructure and reducing international transport and delivery delays, which has been recorded in almost all supply chain performance. Logistics companies that provide storage facilities and transport organization services are directly affected by the Covid-19 pandemic. The results of the research show that the fastest recovery in this domain has been recorded in Asian countries, where the pandemic was brought under control at the end of 2020, while the slowest recovery has been recorded within the domain of the USA logistics industry. Results also show that the Balkan countries are, in cooperation with European countries, working intensively to introduce and improve the “green corridors” to stimulate the smooth flow of international trade and thus reduce the negative impact of the pandemic within the logistics industries. [ABSTRACT FROM AUTHOR]
- Published
- 2021