A report says the logistics industry has seen reduced demand and delayed schedules caused by regulations since the start of the COVID 19 pandemic. The Namibia State of Logistics 2020 report says trade and logistics demand reduced almost overnight with the outbreak of the pandemic. It has further revealed that the pandemic brought about delays, a situation made worse by lockdowns, no-fly zones and similar measures around the world. At sea, ships were instructed to slow down because the demand for products such as gas, oil, fashion, new cars were evaporating. It says that proprietors in the trade and logistics sectors chose flexible ways of going forward including developing, diversify and thriving from the new challenges. Deputy Minister of Works and Transport Veikko Nekundi said trends did not completely break down the industry. The Walvis Bay Corridor Group is optimistic that the industry can recover if players embrace the new normal. Stakeholders shared these sentiments during the release at Walvis Bay on Thursday of the third documented analysis of the industry since 2012.