TRENDS AND DEVELOPMENT PROSPECTS IN THE IRON AND ROAD TRANSPORTATION MARKET

Abstract

The relevance of the topic is caused by the spread of the COVID-19 pandemic, which dealt a serious blow that changed the situation in the global and local logistics markets. Change in the supply of raw materials and finished products, reduction in production capacity due to the closure of borders for quarantine between countries. Despite the negative impact of the pandemic, rail transportation remains positive in relation to the long term, the recovery of freight flows from Asia and the European Union. The growth of the e-commerce market during the pandemic was very significant, which led to a positive effect on the transportation of groupage cargo. At the same time, the pandemic has greatly accelerated the digital transformation of the industry. The development of digitalization, the creation of intra-corporate ecosystems, the expansion of capacities and the creation of new services that allow employees to work from home, thereby reducing cases of infection.