Letter from the CEO: Coronavirus Market Update
MARCH 18, 2020
Some LTL carriers are embargoing parts of New York for the NBG Service Center due to the total number of cases of coronavirus in these zip codes: 10801, 10802, 10804, and 10805. 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.