Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)

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Impacts and Solutions of COVID-19 Pandemic on Logistics Industry

Authors
Hongjie Li1, †, Ziyue Zhang2, *, †, Yufei Zhao3, †
1School of Business, Qingdao University of Technology, Qing Dao 266000, China
2School of Economics, Jilin University, Chang Chun 130000, China
3The International Economy and Trade Department, University of International Relations, Bei Jing 100000, China
†

These authors contributed equally

*Corresponding author. Email: zhangzy0619@mails.jlu.edu.cn
Corresponding Author
Ziyue Zhang
Available Online 26 March 2022.
DOI
10.2991/aebmr.k.220307.238How to use a DOI?
Keywords
The COVID-19 epidemic; Logistics industry; Countermeasure; Intelligent logistics
Abstract

The sudden COVID-19 epidemic has brought great impact to the global economy, and the transportation and delivery of medical resources and the basic living needs of the whole people all over the world are becoming urgent and centralized. This epidemic shows that there are still shortcomings in international logistics, emergency logistics, and green logistics. This research collected and collated data on the financial reports of major logistics companies, public social indicators, news reports, and national policies before and after the epidemic, and conducted a comparative analysis to derive the specific impact of the epidemic on the logistics industry. For example, the operating costs of logistics enterprises rose, the prices of international shipping soared, and so on. It also proposes corresponding measures for logistics companies such as building smart logistics and expanding their business scope. Finally, the future direction of the logistics industry is proposed - to accelerate the introduction of digital technology, optimize resource deployment and build a green and smart logistics system. By paying close attention to the development of the international logistics industry, this research hopes to provide the development direction for Chinese logistics enterprises and strive to create a logistics system adapted to the development of China’s manufacturing industry, help the industrial supply chain and play a greater role in the global logistics and supply chain network.

Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

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Volume Title
Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
26 March 2022
ISBN
978-94-6239-554-1
ISSN
2352-5428
DOI
10.2991/aebmr.k.220307.238How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

risenwbib
TY  - CONF
AU  - Hongjie Li
AU  - Ziyue Zhang
AU  - Yufei Zhao
PY  - 2022
DA  - 2022/03/26
TI  - Impacts and Solutions of COVID-19 Pandemic on Logistics Industry
BT  - Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
PB  - Atlantis Press
SP  - 1453
EP  - 1459
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220307.238
DO  - 10.2991/aebmr.k.220307.238
ID  - Li2022
ER  -