ITL Myanmar

⚡𝗟𝗢𝗚𝗜𝗦𝗧𝗜𝗖𝗦 𝟱.𝟬: 𝗧𝗛𝗘 𝗙𝗜𝗡𝗔𝗟 𝗣𝗜𝗘𝗖𝗘 𝗜𝗡 𝗧𝗛𝗘 𝗦𝗨𝗣𝗣𝗟𝗬 𝗖𝗛𝗔𝗜𝗡 𝗢𝗣𝗧𝗜𝗠𝗜𝗭𝗔𝗧𝗜𝗢𝗡 𝗣𝗨𝗭𝗭𝗟𝗘?⚡

💹The futuristic journey of logistics has been affected by the pandemic immensely. It has spurred a huge shift and significant changes in the logistics and manufacturing sector. The changes and overhaul due to the COVID-19 impact on logistics must be a part of the new environment around the globe by considering factors such as resilience, competitiveness and sustainability.

🔸The logistics demand rose to an all-time high due to people not being able to step out of homes, which led to several problems like scarcity of containers, new security measures and problems with renewing crews, delays, blockades and much more. This highlighted the weaknesses of the classic schemes of the logistics industry and sped up the transition of logistics towards 4.0. Companies in this industry have been forced to invest in innovation and technology to increase resilience and competitiveness in the coming future.

🔸With the pandemic likely coming to an end, the productive system is to be transformed to cater to sustainability and digitization simultaneously. This is where Logistics 5.0 comes into the picture. With the need for both sustainability and digitization, the Logistics 5.0 revolution is required.

However, as Logistics 4.0 separates the operations and works of machines and humans, revolutionaries are propounding the idea of the fifth Industrial Revolution or Logistics 5.0, which will reconcile humans and machines.

🔸Logistics 5.0 is the proposed response and solution to the 5.0 industry model. And just like Industry 5.0, Logistics 5.0 also focuses on knowledge and sustainability. This is a transition centered on workers and minimizing environmental impact.

🔸The idea of Logistics 5.0 prioritizes the environment while integrating it with technological innovations. This concept requires the logistics industry to move in three directions: human factor, resilience, sustainability

🔸Under Logistics 5.0, workers are considered an investment in the long term and their well-being and training are a vital concern for the company and its logistics hub. Technologies need to be replaced, added and adapted according to the needs and requirements of the workers. This ensures that the company benefits by attracting better talent to work with and retaining their services in the long run. This makes it clear that the paradigm of Logistics 5.0 involves stepping up the game from Logistics 4.0, where the dependence is on technology, to improve and consider the ecological and social benefits.

𝘚𝘰𝘶𝘳𝘤𝘦: 𝘧𝘰𝘳𝘣𝘦𝘴.𝘤𝘰𝘮

✈𝗙𝗨𝗟𝗟 𝗕𝗘𝗟𝗟𝗜𝗘𝗦 𝗔𝗚𝗔𝗜𝗡 𝗙𝗢𝗥 𝗔𝗜𝗥 𝗖𝗔𝗥𝗚𝗢, 𝗕𝗨𝗧 𝗦𝗢𝗠𝗘 𝗣𝗟𝗔𝗬𝗘𝗥𝗦 𝗦𝗧𝗜𝗟𝗟 𝗛𝗨𝗡𝗚𝗥𝗬 𝗙𝗢𝗥 𝗙𝗥𝗘𝗜𝗚𝗛𝗧𝗘𝗥𝗦

🔹Global air cargo capacity is almost back to 2019 levels as passenger flights and their bellyhold capacity make a “fundamental return” to the market.

🔹According to Accenture’s Seabury Cargo, global air cargo capacity was down only 4% between 13 and 26 June, compared with the corresponding pre-Covid period in 2019.

However, Accenture MD Marco Bloemen said the capacity gains had not been uniform and there were “very large” differences between tradelanes.

🔹“As a consequence, we see a lot of flying from Asia, via the Gulf, into Europe,” he said on a webinar held by IAG Cargo. “And not only by the Middle East carriers, but others are also benefiting, appreciating the detour routes and making a stop in the Gulf.”

🔹On the transatlantic, capacity is back to 2019 levels after being down by as much as 50% last year. Mr Bloemen noted that “a lot of widebody passenger aircraft have been deployed on the transatlantic routes, and we anticipate that this number will increase further as we gear up for the summer holiday season”.

He said more than 80% of the world’s 4,200 widebody passenger aircraft had been affected when Covid hit in 2020.

🔹“That’s a lot of belly space,” he added. “But now it’s returned pretty close to the airline freighter capacity out there, so we’re seeing a fundamental return of the passenger belly capacity.”

🔹At the same time, capacity on freighters operated by airlines and integrators is at “much higher” levels than pre-Covid.

𝘚𝘰𝘶𝘳𝘤𝘦: 𝘵𝘩𝘦𝘭𝘰𝘢𝘥𝘴𝘵𝘢𝘳.𝘤𝘰𝘮