Letter from the CEO: Coronavirus Market Update
MARCH 18, 2020
The major lanes between Houston/LA (I-10 Corridor), Chicago/Ohio, NJ/Eastern PA, and Atlanta remains the same with ample capacity however lead times have shortened. Cargo flows and ship calls are rebounding in China. Carmakers and electronic manufacturers in South Korea and Japan are reporting production line shutdowns. Savannah / Brunswick are predicting import cargo decrease by 40% in March and April from 2019 levels. Letter from the CEO: Coronavirus Market Update.