Logistics during the war

Despite the hostilities on the territory of Ukraine, provoked by Russian aggression, the logistics market is actively growing and differentiating. Many logistics chains were disrupted, which forced logistics to reconsider more relevant routes for transportation to Europe and Asia. According to Dive&Discovery Research, where Ukrainian logistics companies were surveyed, the majority of respondents are optimistic about the growth of the market. But it is likely that small companies are at risk of closing due to delayed customer payments, while large players are actively recruiting and ready to expand. It is important to note that due to the lack of sea and air transportation, a significant share of logistics fell on road transportation, which is a fairly weighty argument for forecasters. According to the data for July 2022, already after 5 months of the war, only 9% of companies began to work in the same volume as before the war, because the companies were not ready for the anti-crisis scenario. Also significantly affected were: the dollar exchange rate, an increase in the cost of fuel, a decrease in customers (some customers were in the occupied territories or their enterprises were damaged), and an increase in the cost of servicing trucks. Which once again convinces the need to select clients from different segments and in equal shares so that if there is a collapse in the client’s market, this will minimally affect the work of the logistics company.