The UAE\u2019s status as a vital global logistics hub is helping the global community effectively navigate the coronavirus pandemic \u2013 according to a new Analysis\u00a0 by Dubai Chamber of Commerce and Industry (Dubai Chamber).<\/p>\n
Titled \u2018UAE Logistics Sector \u2013 Connectivity and Resilience,\u2019 the Analysis highlights the country\u2019s busy air cargo routes, high maritime freight connectivity, well-established warehousing network and strong logistical system as key elements that are enabling communities to weather the restrictions being created by the current situation.<\/p>\n
Focusing on air cargo, the Dubai Chamber Analysis found that Middle Eastern cargo carriers, led by Emirates Airline, are showing resilience to early disruptions caused by the COVID-19 crisis, with Middle East-North America, Africa-Middle East, Europe-Middle East, and Middle East-Asia routes all experiencing annual year on year (y-o-y) growth between 2.5% to 9% during February 2020 compared to 2019. This bucked the trend that saw global carriers\u2019 international activity drop by -0.9% y-o-y, with around half of their global cargo routes experiencing weakness.<\/p>\n
The Analysis also highlighted the latest data from the International Air Transport Association (IATA) that showed that international cargo tonne kilometres (CTKs) – a measure of air cargo traffic – Analysised by carriers in the Middle East grew 4.3% y-o-y in February 2020 as they expanded their cargo capacity by 6% y-o-y. This was despite having to reduce – as did all international carriers – their passenger capacity due to the COVID-19 pandemic.<\/p>\n
From a maritime perspective, the Dubai Chamber Analysis found that the UAE\u2019s connectivity has been a key factor in ensuring that vital supplies reach global markets. Highlighting the Liner Shipping Connectivity Index (LSCI) \u2013 a widely used barometer of countries\u2019 accessibility to global trade \u2013 it revealed that the UAE has the highest connectivity to global maritime trade networks among all countries in the Middle East and neighbouring Africa, West Asia and South Asia regions – a strong indication of its global trade hub status.<\/p>\n
The Analysis pointed out that the UAE\u2019s regional markets of Kuwait, Oman, Pakistan, Sudan and Tanzania have their highest bilateral connectivity with the UAE higher or equal to China \u2013 the world\u2019s largest economy by purchasing power parity. \u00a0While for markets such as Kenya and KSA, the UAE enjoys the second highest bilateral connectivity after China. t is worth noting that the network of marine trade routes owned by the Emirates reflects the existence of immense opportunity for easy and flexible movement of goods, thus saving cost and time, which makes the UAE\u2019s logistics sector a key player in the global efforts to fight Covid-19.<\/p>\n","protected":false},"excerpt":{"rendered":"
The UAE\u2019s status as a vital global logistics hub is helping the global community effectively navigate the coronavirus pandemic \u2013 according to a new Analysis\u00a0 by Dubai Chamber of Commerce and Industry (Dubai Chamber). Titled \u2018UAE Logistics Sector \u2013 Connectivity and Resilience,\u2019 the Analysis highlights the country\u2019s busy air cargo routes, high maritime freight connectivity, […]<\/p>\n","protected":false},"author":1,"featured_media":28677,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-28676","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts\/28676","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/comments?post=28676"}],"version-history":[{"count":1,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts\/28676\/revisions"}],"predecessor-version":[{"id":28678,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts\/28676\/revisions\/28678"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/media\/28677"}],"wp:attachment":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/media?parent=28676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/categories?post=28676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/tags?post=28676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}