Logistics, Supply Chain and the Coronavirus

With the Coronavirus soon to be classified as a Pandemic, there is no question that the logistics and supply chain field will be forever changed as a result.

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Whether it is the challenges of global companies getting parts they source from China in a timely fashion to the complexities of operating a supply chain in environments in the midst of quarantine; there is no playbook on how to operate in an environment with dynamics as unique as this.

China production is starting to come back online; albeit at a very slow pace and further disruptions are here / all but certain at this point.

 

You expect to see notable issues in the international air and ocean freight markets, but we will also have to likely prepare for a significant tightening of capacity for domestic transporation.

 

Be prepared for the possibility of lower import levels that will lead to weakness for intermodal and softer trucking volumes that could place additional pressure on freight rates going forward