Generally, when we talk about logistics, it involves freight transportation, freight forwarding, warehousing, small package delivery services and value-added logistics. So, when the numbers are viewed on the surface, we assume that e-hailing and e-commerce must be in the same pie. A strong and competitive logistics sector will benefit the country and its people if we take a broader view of the gains. The decline in supply, consumption, investment and trade will have a severe impact on the logistics sector, coupled with huge financial losses. So, contrary to ill-informed comments, the logistics sector isn’t making a killing.

Source: The Star October 03, 2021 00:22 UTC