On May 29, according to CCTV news, on May 28 local time, the Universal Postal Union released a report on the epidemic situation and the postal industry. The report shows that the global postal business will decline by about 21% in 2020.
The report believes that transportation interruption, shutdown, capacity shortage and the impact of the virus on the labor force are the main factors hindering the supply chain. In addition, the impact of household income may also be one of the factors.
The report also pointed out that the recovery of postal business depends on the resilience of postal supply chain, the duration of control measures taken to combat the epidemic, measures to mitigate economic risks, consumers' disposable income and the development of digital alternatives.