Despite suffering a free fall in revenue in the early days of the pandemic, some logistics companies have managed to survive by taking advantage of a boom in online shopping brought about by government mobility restrictions.
The Indonesian Logistics Association (ALI) reported that logistics volumes were down 60 to 70 percent across the board from before the onset of COVID-19.
But logistics firms that catered to e-commerce fulfillment and shipping saw up to a 40 percent increase in business in 2020, and their growth continued into the first quarter of 2021.
“The situation is real, such as for fast moving consumer goods (FMCG) and pharmaceutical products, which have entered online channels,” ALI chairman Mahendra Riyanto told The Jakarta Post on Friday.
Logistics firms that focus on other industries, such as electronics and au...
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