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Air connectivity is at the center of the COVID-19 (Coronavirus) crisis. Global air cargo capacity has dropped substantially since most commercial passenger flights have been cancelled or grounded worldwide. Air cargo operators are trying to satisfy the existing demand, and also support pandemic-related relief efforts, mostly with freighters, and also with repurposed passenger widebody aircrafts (carrying freight in the main cabin). The economic impact for developing countries is likely to be felt directly through the loss of cargo capacity and skyrocketing air cargo rates, as well as cascading effects from all-cargo operations. Governments should coordinate and work with industry to ease regulatory and operational restrictions on air cargo operations to ensure market access, essential operations, and timely turnaround at airports and hubs. Many passenger airlines (responsible for hauling half of air cargo globally) will require financial support or restructuring, in a context of prolonged revenue starvation and assets' immobility.
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The disruption to logistics and freight networks endangers trade and distribution of essential goods to combat the crisis and foster the recovery. Governments should work in coordination with logistics and retail industry, with a view to ensure continuity of shipping, air, trucking, and warehousing capacities at critical gateways and hubs and along trade corridors. The short-term response by governments and the private sector must go beyond addressing the immediate crisis and draw out the path towards economic resilience of the sector. Countries should also coordinate with key trading partners at the sub-regional or international level on policies such as increased e-services at ports and green express lanes for truckers. Countries should not install additional controls on transit commerce. Instead, border control and inspections should be streamlined and harmonized, based on international standards. To manage and ensure functioning of essential transport services, firms can use fewer workers and follow social distancing and other good health practices.
Trade Facilitation --- Transport --- Transport and Trade Logistics
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The Modern Silk Route is offering a potential land-bridge between China and Europe through Central Asia and Russia that offers a complement to existing shipping routes, and is attracting growing interest by a selected number of multinational companies. However, the main role of the Silk Route is to support the development and integration of the region. Connectivity to the east and west, over exceptionally long distances, is critical to the development of the Central Asian countries, when trading globally and between themselves. Facilitating trade and transportation across many borders, remains
Business logistics -- Asia, Central. --- Trade routes -- Asia, Central. --- Transportation -- Asia, Central. --- Business logistics --- Trade routes --- Transportation --- Management --- Business & Economics --- Management Styles & Communication --- Silk Road. --- Public transportation --- Transport --- Transportation, Primitive --- Transportation companies --- Transportation industry --- Commercial routes --- Foreign trade routes --- Ocean routes --- Routes of trade --- Sea lines of communication --- Sea routes --- Supply chain management --- Economic aspects --- Silk Route --- Locomotion --- Commerce --- Communication and traffic --- Storage and moving trade --- Industrial management --- Logistics
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