Logistics and Mobility Sector: A Postmortem and

Transcript:Logistics and Mobility Sector: A Postmortem and:
Logistics and Mobility Sector: A Postmortem and Catalyst to World Economic Recovery Post Covid 19 A Paper presented at a 12th LASU Virtual Pubic Lecture on Staying Safe Against Covid 19 in Public and Private Transportation Date: Tuesday1st September, 2020 By Comrade Kayode Opeifa Logistics and Mobility Sector: A Postmortem and Catalyst to World Economic Recovery Post Covid 19….. Comrade Kayode Opeifa Introduction Transportation (Public or Private), Mobility and Logistics management sector remain one of the most compelling and sustaining factor in the World New Economic order post Covid. 19. By definition, description and understanding; are all interrelated and could variedly overlap based on the discuss and school of thought. For the purpose of this presentation, I plead to adopt the developmental and sustainable economic description to describe and interrelate the trio. Logistics and Mobility Sector: A Postmortem and Catalyst to World Economic Recovery Post Covid 19….. Comrade Kayode Opeifa Introduction Thus, it is the management of the processes of the free flow of goods, services, people, products, investments and trade. It is the spatial management of the factors of mobility related to production including men, machine and money for the economic growth of the people. Therefore transportation is not only of multimodal systems such as Rail, Road, Sea (Maritime) and Air but also include pipeline systems, logistics management and the associated supply chain management, factors of economic integration, and its globalization which by extension may include ICT deployment and some elements of telecommunication. Logistics and Mobility Sector: A Postmortem and Catalyst to World Economic Recovery Post Covid 19….. Comrade Kayode Opeifa Introduction continued Efficient transportation is key for productivity and economic growth. Mobility thus become one of the most important characteristics of economic activity as it satisfies the basic need of going from one locationto the other. Mobility is synonymous with transportation and it’s been associated with GDP of nations. According to Jean-Paul Rodrique and Notteboom; “Economies that possess greater mobility are often those with better opportunities to develop than those with scarce mobility”. Reduced Mobility impedes development while greater mobility is a catalyst for development. Mobility is thus a reliable indicator of development. Logistics and Mobility Sector: A Postmortem and Catalyst to World Economic Recovery Post Covid 19….. Comrade Kayode Opeifa Mobility, logistics as well as the supply chain management sector of Most National and World economy remain one of the most hit by the Covid 19 pandemic