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Impact of COVID-19 on logistics sector revealed in new research

The logistics sector continues to be hit by the impact of the coronavirus crisis, while business confidence remains low, but a new panel from Logistics UK could help identify where government support is needed.

While the level of disruption across the logistics industry has fallen significantly from May 2020, nearly 11% are still reporting severe or extreme disruption to overall freight volumes

Research by Logistics UK has found that while the level of disruption across the logistics industry has fallen significantly from May 2020, nearly 11% are still reporting severe or extreme disruption to overall freight volumes.

To help identify where support is needed most for businesses across the industry as coronavirus restrictions ease, Logistics UK has created a new Logistics Industry Panel. The panel comprises a significant group of businesses of all sizes dedicated to providing feedback on their operations to help inform the organisation’s discussions with government.

Analysis by the organisation has already found that over a third of respondents say an extension of the Coronavirus Job Retention Scheme (CJRS) to 2021 is needed, and around half would seek relief to business rates or VAT/NI/Corporation rate tax payments deferred.

Elizabeth de Jong, director of policy at Logistics UK, said: “While the future shape of the economy and the ongoing economic impact of COVID-19 is still unclear, it is critical that Logistics UK ensures government understands the effect of its policies and the support businesses require. Our Logistics Performance Tracker provides an evidence-based, quantitative insight into how logistics businesses continue to be affected by the pandemic and signposts where government support is most needed. The panel provides a unique insight into the challenges faced by our industry.”

Logistics UK is inviting members to join the new panel, sharing valuable feedback on their operations in return for being given access to detailed survey report findings. For more information, please visit www.logistics.org.uk/lpt.

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Written by Natalie Middleton

Natalie has nearly 20 years of fleet journalism experience, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day.

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