Letter from the CEO: Coronavirus Market Update
MARCH 18, 2020
Pennsylvania has closed all 35 of its highway rest stops, impacting bathrooms, vending machines, and parking access for carriers. Cargo flows and ship calls are rebounding in China. Savannah / Brunswick are predicting import cargo decrease by 40% in March and April from 2019 levels. Port of Virginia estimates cargo lost in February thru April at 44,000 ctrs ~11% decline. Letter from the CEO: Coronavirus Market Update.