Harpreet Singh Malhotra
Harpreet Singh Malhotra, Chairman & Managing Director, Tiger Logistics India Limited

The Transportation sector has been one of the primary victims of COVID-19. From rickshaw pullers to the airlines, all have been affected economically by the pandemic. India's overall energy demand fell by 14% in March-April 2020. Manufacturing, logistics, movement of men, material and cargo have become paralyzed. A small segment of the services sector is trying to make up for the loss through “work from home”. No doubt, extraordinary situations call for extraordinary action. But first, it is important to understand the impact of this disruption of global economy.

The freight segment has had a mixed short-term effect in terms of transportation demand, but there is a surge in demand for truck drivers for transportation of essential goods. However, the supply chain disruption and slowdown is expected to pull down freight demand in the medium-term. Since February, online food orders have dropped by 20% whereas online grocery orders are overflowing. It is yet to be seen whether these acquired habits of online grocery shopping will sustain after the pandemic passes.

Tiger Logistics India Limited

As a population of 1.3 billion stays indoors, India is finding it difficult to get a move-on and questions are being asked about the impact of the lockdown on the crucial logistics sector. Though many of the curbs placed on movement of trucks will see some easing, but according to the Indian Foundation of Transport Research and Training (IFTRT), Indian trucking now battles a shortage of drivers. More than 50% of the 50 lakh trucks are off the roads due to unavailability of drivers.

The Indian trucking industry deploys more than 8 million drivers and 12 million helpers. As a baseline, 30 million people are directly employed by the trucking industry and more than 150 million people depend on it for their bread and butter, as per industry estimates. Undoubtedly, the large scale meltdown has led the sector to skid off its promising track, pushing thousands of fleet owners to the brink of financial loss.

Drivers were also dependant on the roadside food joints and dhabas, which have shut down. The problems have compounded with no workers to load and unload goods from the trucks, and only essential movement of people and commodities are being permitted by the authorities. Experts caution that the real impact of the nationwide lockdown would be long-term. The list of essential people and commodities must be continuously revised to minimize the adverse impact on people's lives.
Click Here
To Know More or to Contact the Manufacturer
Please let us know your name.
Invalid Input
Please let us know your Designation.
Please let us know your Contact Number.
Please let us know your email address.
Please brief your query.
Our other Value-Added Services:

To receive updates through e-mail on Products, New Technologies & Equipment, please select the Product Category(s) you are interested in and click 'Submit'. This will help you save time plus you will get the best price quotations from many manufacturers, which you can then evaluate and negotiate.

Invalid Input
Invalid Input
Invalid Input
Lift and Shift India Pvt. Ltd (LSPL), a leading heavy-lift operator and project logistics company, achieved a record-breaking milestone by handling the heaviest single Module weighing 4532 MT for

Read more ...

Jignesh Patel, Director- Projects, Nabros Transport, discusses the company’s capabilities in handling complex infra development projects, ably supported by tech-driven innovations, automation

Read more ...

Edwards Moving & Rigging was awarded the contract to transport two turbines and generators weighing 698,865lbs – 947,988lbs (317 t - 430 t) in Fort Lauderdale to a power plant about 12 miles

Read more ...

When developing the new modular K25 L platform vehicle, SCHEUERLE focused on the transport safety of loads with a high centre of gravity. This is an important consideration, especially for fail-proof transport

Read more ...

Following the success of a trial loading operation performed in Denmark in mid-July, the DOLL wind blade transport system has been certified by Vestas. The system’s list of approvals now extends to every

Read more ...

As a pioneer and now a leader in the storage space industry, we have raised the standards and set a benchmark for safety, security, reliability, and flexibility, avers Ramesh Madisetty, CEO & Co-founder, SafeStorage.

Read more ...

Singapore-based Xander Investment Management (Xander) announced that its industrial platform has acquired an additional one million square feet of warehousing space in Free Trade and Warehousing Zone (FTWZ)

Read more ...

Apurva Mankad, Founder & CEO, WebXpress, is confident that given the company’s domain expertise and ground-level experience, the possibilities of growing with data are immense.

Read more ...

At the heart of any transportation management system, there are features like route optimization and 3D packing optimization; by leveraging these, a company can raise the bar in efficient delivery management

Read more ...

Our carefully crafted solutions and our bottom-up approach have led to improved visibility, better management of complex situations, higher productivity for our customers, and more operational efficiency

Read more ...

Leading furniture e-commerce WoodenStreet is planning to expand its current warehouse capacity 5-fold to 50 lakh sq.ft across India in the next 2-3 years, for which it has planned an investment of around 5 million

Read more ...

India’s cold storage capacity is likely to reach 40.7 million metric tonnes by 2023, rising 8.2% from 2020, as per Colliers’ latest report ‘Opportunities in Indian Cold Chain Assets.’ Colliers forecasts

Read more ...

IndoSpace, India’s largest developer and manager of Grade A industrial real estate and logistics parks, announced the acquisition of 55 acres at Farukhnagar in Haryana. This acquisition is a joint venture with Model

Read more ...

Lift and Shift India Pvt. Ltd (LSPL) - a leading Heavy-lift operator and Project Logistics company operating over 7 decades, has delivered another milestone by transporting 15 Heavy-lift and Over-Dimensional

Read more ...

The »STEPSTAR« - Goldhofer's new generation of self-tracking semi-lowloaders launched in 2020, is in great demand in the construction industry. The three- to five-axle semi-trailers offer haulage businesses superior

Read more ...

Mammoet has successfully completed the relocation of two tunnel boring machines and their components as part of the construction of a new metro tunnel in Melbourne, Australia. All operations were executed according

Read more ...

Jumbo and its commercial agent Wheel & Time execute one of the most prestigious coastal shipment handling Refinery, LNG, and Port Equipment in a record 29 days. Jumbo Maritime Group’s heavy lift vessel ‘MV Fairpartner’ recently

Read more ...

Mahindra Logistics Ltd. (MLL), one of India's leading third-party logistics (3PL) solutions providers, has signed an MoU with 1Bridge, a Bengaluru-based social enterprise and one of India’s largest village commerce networks

Read more ...

India's leading digital freight forwarding start-up Freightwalla announced joining hands with TradeLens - a blockchain enabled digital supply chain solution jointly developed by Maersk and IBM. The partnership will enable

Read more ...

DOLL is offering specially designed wind blade transport systems based on its proven series of trailers which are suitable for all types of blades in the market. A growing number of renowned transport companies

Read more ...

×
Sign-up for Free Subscription
'India Construction Week'
Weekly e-Newsletter on Construction Industry
Get the latest news, product launches, projects announced / awarded, government policies, investments, and expert views.